“The Bitcoin network, a wildly expensive mistake”

The Bitcoin network a wildly expensive mistake

In this post published in partnership with Liberation, computer scientist and mathematician Jean-Paul Delahaye explains why the electricity consumption of bitcoin is a major defect which should lead, according to him, to its ban or its replacement by other less energy-intensive cryptocurrencies. . Once a month, find on our site the Inédits du CNRS, original … Read more

Peter Thiel Says His “Biggest Mistake Of The Decade Was Being Too Late And Too Little In Bitcoin”

Peter Thiel Says His Biggest Mistake Of The Decade Was

In a chat posted on March 12, 2022, billionaire entrepreneur and venture capitalist Peter Thiel explained how he built Paypal with his co-founders Max Levchin, David Sacks and Luke Nosek. Towards the end of the hour-long conversation, the subject quickly turned to cryptocurrencies and Thiel pointed out that his “biggest mistake” over the past ten … Read more