It sounds like you’re conflating Bitcoin with cryptocurrency. Bitcoin is power hungry. Not all crypto is proof-of-work, and actually, most aren’t. Not all crypto has insane transaction fees, that’s mostly a Bitcoin thing. These are massive issues with Bitcoin which is why I’m surprised anyone still values Bitcoin at all.
As long as bitcoin’s price dictates the rest of other coins’ prices, it won’t matter that there are “better” coins. Whenever bitcoin has a surge or a big drop, every other coin follows.
Cryptocurrency can’t handle this amount of transaction. Also, it’s so much power hungry. We need something lightweight and powerful.
It sounds like you’re conflating Bitcoin with cryptocurrency. Bitcoin is power hungry. Not all crypto is proof-of-work, and actually, most aren’t. Not all crypto has insane transaction fees, that’s mostly a Bitcoin thing. These are massive issues with Bitcoin which is why I’m surprised anyone still values Bitcoin at all.
As long as bitcoin’s price dictates the rest of other coins’ prices, it won’t matter that there are “better” coins. Whenever bitcoin has a surge or a big drop, every other coin follows.
I heard monero is the one that’s used to purchasing instead of trading. Like for VPN’s and such.
Its primarily interacted with through centralized brokers and never treated as a currency.