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Something tells me that a user named "BTCOG" is not here to provide rigorous objective analysis but okay lets attack the strawman. The number of bitcoin addres
by tom-_- 5y ago
Something tells me that a user named "BTCOG" is not here to provide rigorous objective analysis but okay lets attack the strawman.
The number of bitcoin addresses with a balance is 30 million. The number of bank accounts is in the billions.
As you said, BTC is two orders of magnitude less efficient than banks assuming mining provides the same value to people as ALL of the services banks provide including loans, savings, and money transfer which IT DOES NOT.
- BTCOG 5y agoSomething tells me you just like to go on tangents nobody was talking about here. Never once, have I ever said that "Bitcoin is two orders of magnitude less efficient than banks." That's where it stops, because what you've said is nonsense.
- tom-_- 5y agoDo you know how threaded comments work?