Cryptocurrencies - Bitcoin / Ethereum / Others

**Togakure** · 02-21-2019, 20:19

This article popped up on my grid this morning and I'd browsed this thread yesterday. I thought maybe some might find it a good read if they hadn't already seen it or a related article.

MIT Technology Review: "Once hailed as unhackable, blockchains are now getting hacked"
https://www.technologyreview.com/s/6...etting-hacked/

**Shaka_Khan** · 02-22-2019, 07:08

Originally Posted by Togakure

MIT Technology Review: "Once hailed as unhackable, blockchains are now getting hacked"
https://www.technologyreview.com/s/6...etting-hacked/

That was the main reason why I didn't get into bitcoin. There were earlier incidents of bitcoin hackings. And before bitcoin, I read articles of even the banks getting hacked. Many people's personal information got hacked. Hackers will find a way. Electricity consumption for bitcoin was another reason for me to avoid it.

I can see the potential in blockchain for the far future, and I'm aware of the benefits, but I think it currently has too much against it and is a huge risk.

**edyzmedieval** · 03-02-2019, 13:35

It's become more and more widespread though, despite the massive electricity consumption. Banks are now creating their own cryptocurrencies and blockchain platforms.

**edyzmedieval** · 03-06-2021, 11:03

Well... can we call cryptocurrencies mainstream now? Since Bitcoin has rocketed in terms of value and there's dozens of projects popping up every day about this.

By the way, here's also a separate primer on other types of cryptos. - https://www.investopedia.com/tech/mo...-than-bitcoin/

**JamesMiller31** · 04-30-2021, 13:33

I seriously believe it is different than 2018 now. The world is changing. Yes the bitcoin is still versatile and possible to go down but Im convinced now that it is very bullish for now and coming future. Its price is not going to crash like 2018. It will continuously go up whether rapidly or gradually. Thats how I see it

**edyzmedieval** · 05-09-2021, 14:22

So in the past coming weeks we've had the Dogecoin, which started off as a joke, shoot to the moon (yeah, I know) in terms of pricing. While there's no real use for Dogecoin - apart from maybe Tesla memes - it's way over market cap compared to some huge companies such as Ford.

Do you guys own Dogecoin?

Also - one to watch out for. Cardano.

https://en.wikipedia.org/wiki/Cardan...hain_platform)

**edyzmedieval** · 11-22-2021, 14:36

https://www.euronews.com/next/2021/1...d-powered-by-v

In the meantime in El Salvador...

Half of the VAT levied would be used to fund the bonds issued to build the city, and the other half would pay for services such as garbage collection...