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Sounds like a single bitcoin transaction is like transferring a few billion dollars at a time.
by frongpik 6y ago
Sounds like a single bitcoin transaction is like transferring a few billion dollars at a time.
- MereInterest 6y agoPretty much. It is only useful in cases where you are making very large transactions. At that point, you have few enough actors that setting up a trusted network is far, far cheaper and more flexible. The trustless nature of Bitcoin is what makes it unscalable.