5 Global Problems Bitcoin’s Proof of Work Can Help Solve!

[traderman]

I think everyone needs to read this article. This is the future of cryptocurrency. Stop investing in shitty pump and dump coins and put your money where it is really needed.

http://www.coindesk.com/5-global-problems-bitcoins-proof-work-can-help-solve/

[CoinHoarder]

I think everyone needs to read this article. This is the future of cryptocurrency. Stop investing in shitty pump and dump coins and put your money where it is really needed.

http://www.coindesk.com/5-global-problems-bitcoins-proof-work-can-help-solve/

Re: 5 Global Problems Bitcoin’s Proof of Work Can Help Solve!

Lol if you think spitting out SHA256 hashes can solve even 1 of these problems.....  

Changing Bitcoin's PoW at this stage would likely shake confidence in it and price would crash.

Not to mention it would screw anyone that has invested in ASIC mining hardware and/or development/manufacturing of ASIC mining hardware.

Litecoin is in the same boat.

[traderman]

Please read the article and do a little research. This is not about changing the Bitcoin blockchain but using the tech itself. There are several crypto's that have actually succeed in doing this. This has nothing to do with sha256 hashes.

I think everyone needs to read this article. This is the future of cryptocurrency. Stop investing in shitty pump and dump coins and put your money where it is really needed.

http://www.coindesk.com/5-global-problems-bitcoins-proof-work-can-help-solve/

Re: 5 Global Problems Bitcoin’s Proof of Work Can Help Solve!

Lol if you think spitting out SHA256 hashes can solve even 1 of these problems.....  

Changing Bitcoin's PoW at this stage would likely shake confidence in it and price would crash.

[CoinHoarder]

Please read the article and do a little research. This is not about changing the Bitcoin blockchain but using the tech itself. There are several crypto's that have actually succeed in doing this. This has nothing to do with sha256 hashes.

I think everyone needs to read this article. This is the future of cryptocurrency. Stop investing in shitty pump and dump coins and put your money where it is really needed.

http://www.coindesk.com/5-global-problems-bitcoins-proof-work-can-help-solve/

Re: 5 Global Problems Bitcoin’s Proof of Work Can Help Solve!

Lol if you think spitting out SHA256 hashes can solve even 1 of these problems.....  

Changing Bitcoin's PoW at this stage would likely shake confidence in it and price would crash.

If you follow the link in my signature, you will realize I'm well aware of benefits to alternative PoW algorithms.

I am making fun of the misleading title: 5 Global Problems Bitcoin’s Proof of Work Can Help Solve!

In actuality, Bitcoin's PoW can not solve any of the problems listed in the article unless they were to change it.

The word Bitcoin should be deleted from the title of the article as it is misleading.