3 ms·

Bitcoin only supports 7 transactions a second as I understand it. Surely that instantly kills any idea it could be the future of money?

• exo762 13y ago
  This is a temporary technical issue. https://en.bitcoin.it/wiki/Scalability https://en.bitcoin.it/wiki/Scalability
• dalore 13y ago
  Good way to stop high frequency trading then.
  • pathy 13y ago
    Or simply stop adaptation on a larger scale.
  • vertex-four 13y ago
    No, by transactions, they mean transactions on the block chain. That is, only 7 people in the entire world can buy things with Bitcoin every second. HFT markets would use off-chain transactions, like all current Bitcoin exchange markets, so wouldn't be affected by this in the slightest.
  • snitko 13y ago
    You have no idea what you're talking about. Trading on the blockchain is insane and no one is really attempting to do it.