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Bitcoin Developer Says QoS of PoW Will Not Affect the Price of Bitcoin

Amy Liu

Summary: Bitcoin developer Udi Wertheimer just tweeted some “researchers” make the case that bitcoin’s value is derived from its “security”. if QoS of PoW degrades, they say, btc price goes down. But we KNOW this is false. Many altcoins had their PoW networks attacked and market prices didn’t budge. By Amy Liu

Bitcoin developer Udi Wertheimer just tweeted some “researchers” make the case that bitcoin’s value is derived from its “security”. if QoS of PoW degrades, they say, btc price goes down. But we KNOW this is false. Many altcoins had their PoW networks attacked and market prices didn’t budge.

By Amy Liu

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Tags: Bitcoin,PoW,Udi Wertheimer
Link: Bitcoin Developer Says QoS of PoW Will Not Affect the Price of Bitcoin [Copy]

Last: According to Bitpush Market Data, ETH is now $2321.66, down 2.13% in 1 hour.

Next: According to Bitpush Market Data, ETH is now $2327.63, up 0.20% in 10 minutes, breaks above $2300 mark.

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