RE: A Historical Perspective on the True Nature of Bitcoin

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A Historical Perspective on the True Nature of Bitcoin

in crypto •  7 years ago 

Thank you. I try to put things into perspective. Its not about the public, its about the market-determined price of a kWh. Corporate enterprises affect the marketplace cost of energy far more than "average joes". This is mostly due to the fact that utility costs are usually written off as a business expense, so the higher rate per kWh, is really about pegging residential rates, as a function of proportion to the commercial rate. Hopefully that makes sense. It's not a popular opinion with all the BTC fanboys running around lately, but I am not posting here to make friends, but warn and inform. Proof of Stake is the future, Proof of Work is slavery.

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