Source: It is not necessary to waste energy for the sake of scarcity
It is often said that scarcity is the most important part of the economic model of cryptocurrencies. Is it really necessary to consume so much energy due to scarcity?
People come to cryptocurrencies for speculation. That's fine, it's in our nature to want to make a profit. Blockchain technology will only be successful if it overcomes the speculative aspect and offe...