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I really need to call out crypto shill when I see it. As it stands, bitcoin is utterly unusable for micropayments, the transaction fees are way too high for tha
by chx 7y ago
I really need to call out crypto shill when I see it. As it stands, bitcoin is utterly unusable for micropayments, the transaction fees are way too high for that. There has been attempts at creating micropayment services on top, these all have failed to gain traction.
I still maintain as I did several times here in the past: bitcoin (and in general, crypto"currencies" because they are not currencies) are a scam, a new kind of scam for sure but a scam nonetheless. There are simply no (legit) use cases.
- xur17 7y ago> There has been attempts at creating micropayment services on top, these all have failed to gain traction. I'd argue that Bitcoin's lightning network is gaining traction, and it accomplishes a lot of what you are asking for.
- jimmaswell 7y agoBitcoin isn't the only crypto. Dogecoin is great for microtransactions.
- andirk 7y agoI pay all my dogs in Doge