Let’s not forget the biggest flaw of all with crypto currencies is that they depend on basically wasting energy (Which may or may not be sustainably produced, even so it could be better used than on crunching pointless numbers):
· In 2017:
* 42.67 TWh: The annual energy consumption of Bitcoin and Ethereum combined
* 0.19%: The percentage of the world’s electricity used by Bitcoin and Ethereum
* 8.49: The number of U.S. households that could be powered for a full day with the same energy as single bitcoin transaction
Senior Director, Public Affairs
Huawei Southern Africa
Mobile: +254-7909-85886
From: kictanet [mailto:kictanet-bounces+adam.lane=huawei.com@lists.kictanet.or.ke] On Behalf Of Admin CampusCiti via kictanet
Sent: Sunday, January 28, 2018 6:12 PM
To: Adam Lane <adam.lane@huawei.com>
Cc: Admin CampusCiti <info@campusciti.com>
Subject: Re: [kictanet] World’s biggest ever digital currency ‘theft’
Lesson:-
That we are not safe anywhere from thieves? 🙂
Seriously though one of the fundamental flaws of cryptocurrencies is that once you have been liberated from your cryptos you have no recourse. This is a design flaw that we are all hoping will be resolved. Sooner rather than later.
Ali Hussein
Hussein & Associates
+254 0713 601113
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: ke.linkedin.com/in/alihkassim
Blog: www.alyhussein.com
“Discovery consists in seeing what everyone else has seen and thinking what no one else has thought”. ~ Albert Szent-Györgyi
Sent from my iPad
On 27 Jan 2018, at 8:53 PM, Victor Kapiyo via kictanet <
