Some say that this is the true value of Bitcoin - nobody can create something similar because it would be too expensive to use the proof-of-work approach of Bitcoin to create a direct competition. All what the competition and state actors can do is to move to a proof-of-stake approach - which may require 99% less energy. This could mean that, while all the other cryptocurrencies will be used to move money, Bitcoin will be used to store money.
Some say that this is the true value of Bitcoin - nobody can create something similar because it would be too expensive to use the proof-of-work approach of Bitcoin to create a direct competition. All what the competition and state actors can do is to move to a proof-of-stake approach - which may require 99% less energy. This could mean that, while all the other cryptocurrencies will be used to move money, Bitcoin will be used to store money.
When Ethereum moves to a proof-of-stake model it will outpace Bitcoin
When Ethereum moves to a proof-of-stake model it will outpace Bitcoin
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