4 ms·
> extremely high volatility Definitely > Slow transaction verification Depends on your definition of slow. The fact that I can send hundreds of thousands of
by bavell 9y ago
> extremely high volatility
Definitely
> Slow transaction verification
Depends on your definition of slow. The fact that I can send hundreds of thousands of USD across the world in about an hour seems to beat any other method easily available to me.
> very high transaction fees
A month or two ago, sure - TX congestion had driven up fees to ridiculous levels. Now that the congestion has cleared, I can once again send hundreds of thousands of USD across the world for less than a dollar.
- GenericsMotors 9y ago> A month or two ago, sure - TX congestion had driven up fees to ridiculous levels. Now that the congestion has cleared, I can once again send hundreds of thousands of USD across the world for less than a dollar. Congestion has only cleared because the transaction volume has fallen to a two-year low: https://bitinfocharts.com/comparison/transactions-btc-sma3.html https://bitinfocharts.com/comparison/transactions-btc-sma3.h... The bubble is deflating, in case you haven't noticed.