Netflix

Towards the end of the 1990s, the emerging Internet technology at the time raised doubts and skepticism about its adoption potential. However, here we are nearly three decades later, with the Internet having become ubiquitous in everyday life. Will cryptocurrencies, which cannot be issued without blockchain technology, follow the same path? Or, on the contrary, will they experience a different fate and fizzle out over time? In a recent report, leading investment bank Architect Partners attempts to answer these crucial questions in light of the crypto industry's recent momentum. Here, in this article, is the essence of what should be remembered from it.

Should we unplug Netflix instead, or Bitcoin? The question may seem absurd. Yet the question of the social utility of BTC is often at the heart of criticism. But with the same power consumption, is Netflix really more socially useful than Bitcoin?