RE: Could Bitcoin be Totally Destroyed?

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Could Bitcoin be Totally Destroyed?

in bitcoin •  6 years ago 

One way bitcoin could die is that it gets to big. I seen a prodiction that by 2020, bitcoin will require the entire worlds electricity to mine one bitcoin. Bitcoin would have to adapt or die.

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6 years ago by

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      ·  6 years ago 

    Bitcoin will never be the only consumer of electricity. Supply and demand work together to naturally regulate the price of goods in a marketplace, and that also applies to the energy market.

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