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Bitcoin's blockchain is not scalable, but there is Lightning, which can give Bitcoin more "currency" traits.
by danuker 5y ago
Bitcoin's blockchain is not scalable, but there is Lightning, which can give Bitcoin more "currency" traits.
- alexb_ 5y agoThat has literally nothing to do with what I'm saying. Nobody except for weird techno-idealists actually value crypto in any terms other than it's equivalency to actual money.
- danlugo92 5y agoThe cat is out of the bag, pandora's box is open, thank God with a capital G Bitcoin us unbannable. The separation of money and state will bring us better stability, less war, eliminate people like Chavez and Putin from the world, etc etc etc.
- dataangel 5y agoHow will separation of money and state eliminate people like Putin?
- kevinak 5y agoMaybe not eliminate them, but they won’t be able to use the money printer as they please, effectively funding things like forever wars.
- alexb_ 5y ago...do you understand how money works, you can't just "use the money printer" to fund wars what are you talking about
- jazzyjackson 5y agoSorry, are you asserting that there's one correct theory for "how money works" ? Where does money come from according to you?
- danuker 5y agoHow does a country fund wars? Through issuing bonds, and then inflating the money supply so as to dilute the amount to pay back.
- danuker 5y agoGiven its higher and higher long-term prices, it seems more and more people value it. What are you saying? It is not widely used enough for day-to-day transactions?