Do Cryptocurrencies Get Sick?

According to Digiconomist/BitCoinEnergyConsumption.com, and if you believe energy usage as a proxy for currency popularity is acceptable, then the answer appears to be no:

The downward spike was on March 18, and I haven’t any good guesses why that would have occurred; the recovery appears to suggest Bitcoin is still chugging along. Another proxy is, of course, the value of a bitcoin in US dollars, which BuyBitCoinWorldWide provides in a time series:

It appears more or less healthy so far, doesn’t it?

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About Hue White

Former BBS operator; software engineer; cat lackey.

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