There is a lot of positive bitcoin news and exciting new breakthroughs happening right now!
I want to talk about some of these positive bitcoin news related things going on to counter all the negativity. There really has been a lot of negativity and FUD going around lately because of the markets, Bitfinex and Tether etc. It is easy to get caught up in those things. But we have to be careful not to get wrapped up in all the negativity. We need to take a few steps back and look at the larger picture.
Over all, I remain very optimistic about the future of bitcoin and blockchain and there are a lot of great things happening! Remember that blockchain technology is the future and we will have small road bumps along the way, but overall, I think we will all look back and be very happy with the journey.
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IN 2 years time when mining power required is huge (i.e. using up over 2% of worlds energy), how is mining going to be justified if the price doesn’t go up. Only way this coin survived is if the price gets driven up (by its creators)
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If we see the advancement in energy technology. Energy will get cheaper. and as more people use crypto the price will go up and we will need to use less and less to pay for the same things. ( my point of view )
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