Tesla stops accepting Bitcoin as payment for its cars.
Elon Musk, Tesla’s chief executive, blamed the amount of energy, increasingly generated from fossil fuels, used by Bitcoin.
Obviously you don’t think it will be fixed. That’s fair, it might not be. There are a number of hurdles to switching Bitcoin to something other than ridiculously wasteful proof-of-work transactions.
The only things I can think of that might drive a fix are 1) miners have to pay for that electricity and they’d rather not, and 2) regulation of large mining activiites - it’s impossible to stop smaller scale mining
Elon Musk sees the light.
Elon Musk, Tesla’s chief executive, blamed the amount of energy, increasingly generated from fossil fuels, used by Bitcoin.
mining for some fake shit
computers playing “rock paper scissors” with each other
Transaction fees are so high/BTC has so few possible transactions per block that most of the trading is happening off the Ledger.
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