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Aeao@lemmy.world 1 week ago
I’ve said the same thing since the beginning
“I don’t think it’s viable as a new currency but I see many useful applications for it. Like keys or other yet to be determined inventions “
The power consumption eventually outweighs the benefits as a currency but a small scale one that’s just “credentials to access this locked room” is feasible.
But by the time we get there who knows what ai and quantum computing will have to crack it.
I do see possible applications for the block chain. Currency isn’t one of them.