bitcoins main issues are:
1. its wasting electricity
2. its anti organic
3. its not reliable
i think there is a better opportunity.
1. its wasting electricity
2. its anti organic
3. its not reliable
i think there is a better opportunity.
1-2. That's definitely debatable. But what are your suggested alternatives? Ask a central bank how much energy or resources in general they're using. Bitcoin's mining electricity consumption is dwarfed.
3. You don't commonly expect a new technology to be working flawlessly in just a decade, just as the internet wasn't ready for global adoption in it's first few years when it wasn't easy to use for majority of the people. Stop being too focused on the present, as technology always moves forward.
i recommend, a different system than banks, based on people intereacting and managing their economic enviornment,
like engineering foundations we then get an efficiency and success delivering infrastructure, instead of gaylords in banks,
they should all use the same logo for their currency, and all interact with their environment and reward people for maintain generativity of their economy, also guide that economy,
the currency issued this way is the
generative socio economic source, i am pioneering in this area.
its much better than banks, its not passive, its active, and its not sectoring the world into communist regions or worse nations etc.
they can theoretically create as much money as they want, but they should run an accounting system, oriented on organic calories, like for example 0.5 entities per kg of flour or 4000 kalories, then there is a reliable measurement, how the money is being spend and the most secure business is not bitcoin mining but producing these organic calories, since they are the base measurement.
generative socio economic source:
check my website. i could use help morphing/replacing current gambling financial institutions into with their environment operating ones.
