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This is broken for anyone attempting to use ETH beyond a speculative asset. Consider if we get into the "crypto wins" future where it takes over as a payment me
by rtkwe 5y ago
This is broken for anyone attempting to use ETH beyond a speculative asset. Consider if we get into the "crypto wins" future where it takes over as a payment method and replaces/live beside and equal to USD or traditional currencies. People can't just wait hours to buy random things there's a certain amount of transactions that are time sensitive. It's even worse when you think about the future where other record keeping has moved on chain because that too has a certain immediacy. Go to the doctor at the wrong time and suddenly it's thousands of dollars in fees to add to your on-chain medical records.