submitted by /u/XolosRamirez [link] [comments] |
source https://www.reddit.com/r/btc/comments/xyap9g/xolostothemoonbch_follow_on_twitter_our_new/
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Hi all!
I recently had a great experience with BCH and would like to start mining and staking it.
Being a newbie, can you please help me getting started?
Thank you!
In the future we will have more energy and everyone will have much better computers
BTC is digital gold because it's limited to 21 million and it takes a lot of work to mine BTC. So BTC is mostly valued for the amount of time it takes to mine and the energy spent doing it.
In the future we will have more energy available, so the energy spent mining btc now will be insignificant. A great amount of people in the world will have access to computer and we'll also have much more powerful computers, so the time it took to mine BTC will insignificant with the new tech available to everyone.
So at that time, the only value to BTC is that there's a limited supply. But anyone can create a blockchain or any other kind of tech and make it limited.
So maybe what is more important than anything is the use case for BTC. But other blockchains like ETH, ADA, XMR have much better use case because of the smart contracts. BTC is just digital gold.