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RE: I think the btc fee plan might backfire and BCC will be king in 2018.

in #bitcoin7 years ago

Well, I got soured on the idea of BTC when I read it takes as much energy to power the BTC blockchain as it takes to run all of Norway for a year. I guess the young whippernappers can't blame the old folks for ruining the plate any longer.

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Consider however that Norway has a population about as big as New York and that the global financial system we already live with consume enormous amounts of energy as well. But with time, as the technology improves, PoW chains will become less energy consuming and could also transition to DPoS.