Your claim was that there was a 'cost per transaction'. This is easily proved false when you examine the number of transactions in a block. If there were a cost

Your claim was that there was a 'cost per transaction'. This is easily proved false when you examine the number of transactions in a block. If there were a cost per transaction, some blocks would cost less to produce than others (and/or returning varying rewards to miners. 2. the cost per transaction is directly relative to the price per bitcoin. As for traditional databases,they are almost always more efficient - I think many of these bitcoin companies are absurd. As for your pennies reference, I simply don't understand why the cost of a penny is at all relevant. At best, Bitcoin isn't "real" money, and even if it were, I don't know what seniorage costs add to this discussion. The unreliability of bitcoin may be worth discussing, but that's tangential to your original post. Thus far, I think it's done pretty well in that department considering how new and exotic this technology is. Your hubris on matters that you clearly don't understand justifies my response, which IMO was fair, balanced, and respectful. Don't rephrase my response unless you wish to misrepresent them, my words stand alone and don't need a tldr.