Category: Sustainability

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Bitcoin Sustainability Report June 2018

Digiconomist July 6, 2018 Latest, Sustainability

Digiconomist is committed to promoting (the development of) sustainable blockchain technology.

New Academic Paper: Bitcoin’s Growing Energy Problem

Digiconomist May 16, 2018 Latest, Sustainability

It has been several months of little new content on the Digiconomist blog, but a lot has been going on in the background.

Bitcoin Sustainability Report April 2018

Digiconomist May 1, 2018 Sustainability

Digiconomist is committed to promoting (the development of) sustainable blockchain technology.

Bitcoin Sustainability Report March 2018

Digiconomist April 1, 2018 Sustainability

Digiconomist is committed to promoting (the development of) sustainable blockchain technology.

Bitcoin Sustainability Report February 2018

Digiconomist March 1, 2018 Sustainability

Digiconomist is committed to promoting (the development of) sustainable blockchain technology.

Digiconomist

@DigiEconomist

What institutions are currently “too big to fail” in the #cryptocurrency space? We all know mt.gox was. After it’s collapse #Bitcoin ultimately shed 90% of its all-time high up until then. Bitfinex, along with its #Tether, seems to top the current list.

11:33 am · October 15, 2018

Digiconomist

@DigiEconomist

Not a coincidence Bitfinex offers the highest rate on #Bitcoin right now. Traders can buy cheap $USDT anywhere, send it to @bitfinex and sell for $1, then take out profits via #BTC. Wonder how long they will keep up that peg; this IS hurting them (losing money on every trade). pic.twitter.com/HN5zK6FKpK

6:11 am · October 15, 2018

Digiconomist

@DigiEconomist

Can someone borrow me a million $USDT? Want to buy regular $USD. Will pay back in one year. 🙃

6:04 am · October 15, 2018

Digiconomist

@DigiEconomist

Consider this if you want to buy into the current "rally". It's nothing more than a #Tether-induced pump. Those funds may either move back into $USDT once the dust settles, or worse if @bitfinex runs into big trouble. Seems about time for that long overdue audit! twitter.com/DigiEconomist/…

6:00 am · October 15, 2018

Digiconomist

@DigiEconomist

In a way, a #Tether meltdown could be a self-fulfilling prophecy in what would be the first bank run in the #cryptocurency space. So much #irony... twitter.com/digieconomist/…

5:44 am · October 15, 2018

Digiconomist

@DigiEconomist

One thing is for certain. With #Tether causing a $20 billion shockwave through #cryptocurreny markets, an actual meltdown of the popular stablecoin would be a complete crisis. Remember the “It’s not really impacting markets”? 🤣 twitter.com/digieconomist/…

5:40 am · October 15, 2018

Digiconomist

@DigiEconomist

#Tether down, other #cryptocurrencies up. People dumping $USDT for anything at this point. Question: who is ending up with those potentially worthless Tethers? What balance do exchanges hold? Will we soon learn about systemic risk in the #cryptocurreny landscape? 🙃

5:37 am · October 15, 2018

Digiconomist

@DigiEconomist

Do you mean to say that a USD backed token issued by a shady private company and zero risk premium on the market is actually, well, quite risky? 😱 #Tether twitter.com/crypto/status/…

5:32 am · October 15, 2018

Digiconomist

@DigiEconomist

@rootzoll @andrewgdotcom We can expect a closer link between transactions and energy consumption in the future though, as fees will become the main driver for miners while the block subsidy fades.

5:08 am · October 14, 2018

Digiconomist

@DigiEconomist

@rootzoll @andrewgdotcom The relationship between transactions and price is a bit unclear. We can assume that if #Bitcoin transaction volumes could increase so would price. Reality is transaction volumes have stalled (block size limit) while energy consumption kept growing. It doesn’t get worse than that

5:05 am · October 14, 2018