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Slowness of transactions and low throughput is a weak argument against Bitcoin. With innovation, or workarounds, I just don't see that as a real hangup here. An
by elwell 6y ago
Slowness of transactions and low throughput is a weak argument against Bitcoin. With innovation, or workarounds, I just don't see that as a real hangup here. Anyways, would be interested in author's opinion of other cryptocurrencies such as Ethereum.
- rednerrus 6y agoWhat is the problem crypto is trying to solve? We have wire transfers to move money around. If we wanted to create a public ledger of all money transactions, we could do it using a lot less energy than we are using on crypto right now.
- elwell 6y ago> What is the problem crypto is trying to solve? Digital money without trusting a centralized authority. However, Ethereum is even more interesting in that it can be a 'world computer' for things other than money.