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by muglug
1373 days ago
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> we're finally about to break away from the shackles of PoW and the crypto skeptics are silent. One very popular cryptocurrency is making the switch. That still leaves Bitcoin, with double the trading volume, and most of the other popular cryptocurrencies. More importantly it doesn't change the fundamental problem with crypto: it's deliberately difficult to regulate, which means that it's still a scammer's paradise. And Ethereum's price can still fluctuate wildly on any given day, making it unsuitable for most real-world transactions. |
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Untrue. Check e.g. top 10, 20 or 50 on Coinmarketcap. Most are PoS. Further, with Ethereum being PoS the mining behind everything except Bitcoin is a rounding error.
>And Ethereum's price can still fluctuate wildly on any given day, making it unsuitable for most real-world transactions.
You might want to look into stablecoins or more generally into Ethereum if you think using it for daily transactions is the main usecase.