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The author brings up scaling, slow upgrades, and energy use as the failure vectors for Bitcoin. The scaling section links to a Frances Coppola blog from 2018 w
by jerry1979 5y ago
The author brings up scaling, slow upgrades, and energy use as the failure vectors for Bitcoin.
The scaling section links to a Frances Coppola blog from 2018 which sites the "lightning network not mathematically possible" blog post from 2017. Article does not mention progress made over the last 4 years in lightning, nor does it mention other scaling options such as federated chaumian e-cash systems.
I see the slow upgrades in bitcoin as a feature.
I see the energy problem as something that we need to solve with pollution legislation.
I skipped over the parts about NFTs and Ethereum, and only checked out the parts related to bitcoin.