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© 2022 AFPWhy crypto's big 'merge' is causing big headaches
By Joseph BOYLE PARIS©2024 GPlusMedia Inc.
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© 2022 AFP
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GBR48
You don't need to 'mine' a decentralised digital currency. Simply exchange real currency for it, underwriting it and tying it to a real world currency. Avoid sterling and you will be fine.
commanteer
If it's tied to a "real" currency, then it's no longer decentralized - which is the whole point.
Jacobo
And why is it bad to use electricity for 'mining' crypto coins when electricity is widely wasted on so many useless ways?
As for tying a cryptocoin to a real currency (fiat), then a 'stable' coin is created. Up to now we have enough 'stable' coins. Do we need more?
As for the number of cryptocoins more than 21,000 different ones had been created by the middle of 2022 and the number is daily increasing . I am curious to see what will happen with them within three to five years from now.