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RE: Crypto: The Pros and Cons

in QC Community2 years ago

Indeed, most of what you say is accurate! The energy cost of mining is only true for certain blockchains, while others like Hive don't use that method to mint new tokens. Not all cryptocurrencies are the same! Some are easy to track, while others make it very difficult. The greatest benefit to crypto in general is that they give the power and freedom back to the people, taking governments and banks out of the equation! 😁 🙏 💚 ✨ 🤙

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You are right. The energy cost in mining is peculiar with Bitcoin. Hive s however different. I appreciate your comment as they are concise too. Thanks for stopping by. I appreciate.

You're most welcome, absolutely! I gently add clarity when I feel it is useful! 😁 🙏 💚 ✨ 🤙

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