> you've got 80% of the world's population living in areas where censorship resistance is valuable Setting aside the fact that censorship is not a technical pr

> you've got 80% of the world's population living in areas where censorship resistance is valuable Setting aside the fact that censorship is not a technical problem but a political and societal one, Bitcoin's max transaction rate is so pathetically low that if 80% of the world's population used Bitcoin, they'd be lucky to make a single transaction every 45 years! Bitcoin can't even scale to what would be required to service a single football stadium during halftime. > To say its not really useful for anything is just facetious It's useful for anything illegal -- money laundering, drugs, murder for hire, etc. And even then, the traceability, extreme volatility, and long confirmation times make Bitcoin a poor choice for even the sketchiest of mob bosses. Bitcoin's primary use case is scamming naive, starry-eyed libertarians, an-caps, and goldbugs out of their hard earned dirty fiat. (source: https://www.wolframalpha.com/input/?i=(5.7+billion+transactions)+%2F+(4+transactions+per+second) https://www.wolframalpha.com/input/?i=(5.7+billion+transacti...)