[Crowbob]

Originally Posted by Wayne 962

One year after this thread was started, Bitcoin is technically higher in value, but momentum (particularly after today) appears to be slipping. The extreme volatility of Bitcoin is perhaps one of the number one arguments against it's adoption. Currencies should be stable in the long run. I do predict that the next version of Crypto (whatever that will be), will a) use much less energy, and b) have built-in mechanisms that will reduce volatility. In general, I think the next version should expand and contract based upon the number of people who are using / investing it. The creator of Bitcoin purposefully made it inflationary - the more people who got i, the more the value would go up. Great for speculators, poor for long-term adoption. Cardano ADA seems to have some potential, but it's a bit early to truly tell if this will be "the future".

One thing is still fairly certain - Ether and Bitcoin consume way too much energy to be successful with mainstream (corporate) adoption in the long run.

-Wayne

Isn’t that the classic definition of a pyramid scheme?