The idea of cryptocurrency is interesting, but the idea of having no back at all makes no sense. Wasting energy is not creating wealth.
Just pointing out that both Doge and BTC are proof of work and consume energy in similar style with the mining process.
Of course, theoretically you could've an initial distribution defined and shared without effort, but what really happens is a points system that makes it easier for people to... uh... mine, but it's obviously still the same awful idea.
Not sure I would count on that prediction.
I mean is gme going to surpass apple?
They’re crypto based but unfortunately (/s) no token
Plus there is the bisq project, a peer-to-peer bitcoin/fiat exchange that has decentralized their governance using a token that's colored bitcoin, rather than building on Ethereum.
Regarding the energy consumption of monetary networks, what's the real cost of the petrodollar system? Don't forget to include the US military costs fighting wars to force oil-producing nations to sell oil denominated in dollars, as well as all the banking, financial advisors, and physical security (Brinks) that prop up the central banking/fiat monetary standards.