Cryptocurrency is crashing, are you in or out?

[nanarchy]

Chrizum said:

nanarchy said:

being slightly more stable than fiat currencies that have collapsed is hardly a selling point, that is like saying my shit stinks slightly less than my neighbours a currency needs stability to get acceptance and adoption. Laundering is still a huge issue, yes it is only semi anonymous but when combined with tumbler services and poorly regulated exchanges you can overcome the not anonymous part to launder money. new fad, have not really seen that argument, but yes agree there. Proof of work is simply a bad model, especially when some of them use far more sustainable models.

Ethereum is working on proof of stake, many believe that is going to change crypto for the better.

yep  Ethereum is one of the more promising ones, especially with the large corporations and financial institutions that have jumped onboard to back it. but they are by no means perfect either, just significantly improved over bitcoin.