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Bitcoin has a bunch of problems preventing it from being adopted as digital cash, including volatility, deflation, lack of privacy, wasteful proof of work, etc.
by wmf 3y ago
Bitcoin has a bunch of problems preventing it from being adopted as digital cash, including volatility, deflation, lack of privacy, wasteful proof of work, etc. BCH only fixes one problem, fees. It still isn't good digital cash.
- tromp 3y ago> BCH only fixes one problem, fees. And in doing so, creating a much bigger problem: there won't be enough fees to secure the chain when the block subsidy dwindles into insignificance over the coming decades.
- kylebenzle 3y agoMany small fees makes up for loss of new coins. This requires the block size to incrementally increase over time, just as BCH has done.
- arthurcolle 3y agoBitcoin spot ETF just got approved by SEC