4 ms·
>You're talking about the cost of future tx thruput and comparing it to today's storage prices. How can you not see what's wrong with that? There is nothing on
by Sir_Substance 9y ago
>You're talking about the cost of future tx thruput and comparing it to today's storage prices. How can you not see what's wrong with that?
There is nothing on the horizon that suggests a 4TB/month growth rate will be serviceable by anything less than data-center grade hardware at any point in the next 10 years. Beyond then, it's a crapshoot.
I'd /like/ to see bitcoin operate at Visa scales before then, so I must look for a solution that can work with a reasonable extrapolation of the state of storage today.
Never the less, I sense that you have an agenda and that you will not be dissuaded from it. Continue to preach as you see fit. Before I head off, I'll say the following: I'm lightly invested in bitcoin, litecoin and vertcoin, with perhaps $150USD spread across the three. I have no investment in bitcoin cash.
Care to share your crypto investment portfolio with our fellow comment-readers?
- __blockcipher__ 9y agoI used to own 7 BTC. Then converted it to BCH/XMR. Then sold most of it a couple months ago, mainly due to concerns about tether / general market mania Once BTC fees hit $40 average tx (I paid $100 due to UTXOs increasing my tx size in bytes because I actually used bitcoin to transact), I had to accept that BTC was done.