Is Bitcoin Worth $1M?
No, it is highly inefficient and incentivizes wasteful use of carbon-based fuels and renewables.<p>Bitcoin has been successful creating a sound system for ensuring energy has been wasted during the validation and creation of a block but is it actually decentralized when the computational power needed to mine a block requires wattage that cannot be supplied with decentralized power-sources?<p>This being said it seems somewhat absurd that Tesla invested so much and thereby wiped out a huge percentage of carbon they sought to offset through the use of there vehicles .