facebookWhat are some real limitations and cons of Cryptocurrency & digital assets that nobody talks about? - Seedly

Anonymous

02 Aug 2020

SeedlyTV

What are some real limitations and cons of Cryptocurrency & digital assets that nobody talks about?

SeedlyTV S2E09

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I think one of the real limitations of crypto is their environmentally impact on the environment.Here is a quote by Forbes on jul 8,2019. "It found that Bitcoin uses an estimated 61.76 terawatt-hours (TWh) of electricity per year - more than many countries and approximately 0.28% of total global electricity consumption" This will have important impact on the energy industry and climate as the every increase usage of energy is too bad for the environment if we continue to use Fossil fuel for it.

I think that it is mostly very volatile lor and it can be a hassle to use it for everyday transactions

Kenneth Lou

19 Jun 2020

Co-founder at Seedly

One of the big ones which we brought up during the show was that the transaction times for these cry...

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