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RE: Famous Economist Explains: Proof-of-Stake Tokens are Money, Bitcoin Isn't

in #steem7 years ago

Smart guy. I liked it.

Crypto talk starts around 26 minute and proof of work 32 minute in video.

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"These features have enabled it to process the number of transactions it does while utilizing just .26% of the network's total capacity. Steem does all of this while meeting Keen's definition of money and consuming orders of magnitude less energy than PoW blockchains, a valid concern of Keen's considering the threat of global climate change."

Shall i say steem at it best with Blockchain technology

BTC is the nestcape of crypto, good idea at first. But not workable on a global level.