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This really is the takeaway. Bitcoiners like to point to the remittance industry or the wider money transfer industry and say how a bitcoin future would be so m
by eterm 11y ago
This really is the takeaway. Bitcoiners like to point to the remittance industry or the wider money transfer industry and say how a bitcoin future would be so much better, but they're slowly learning the hard way a lot of problems actually need solving, and the cost with bitcoin is just as high as non-bitcoin.
"Solutions" start to appear which look remarkably similar to the existing industries they were trying to disrupt. For example "off chain" transactions which seem w.r.t bitcoin remarkably similar to fiat banking with respect to gold.
- vectorpush 11y ago"Offchain" aka marketing speak for a standard relational database.
- tveita 11y agoNot always, sometimes they use MongoDB.