What do we need before Bitcoin can succeed? Nuclear power.

Small modular gen III+ reactors 'eat' nuclear waste for fuel and have passive safety shut offs. PREMIUM CONTENT

NuScale Power

Crytocurrency is all the rage these days, though it has only been around since the launch of the smart iphone back in 2008. It uses no central bank, no administrator, no collatoral assets. This decentralized money is ‘mined’ by volunteers who provide hardware and computing time to let algorithms compare buying and selling, across vast geography and networks.

Transactions are verified by network nodes through cryptography and recorded in chunks at multiple servers using a public distributed ledger technology (DLT) called a blockchain. To prevent people from generating counterfeit currency, the math required to verify a transaction takes so much computing power that no one user or group could do it.