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the transaction fees, the verification and throughput limitations are fundamental technical tradeoffs required for a truly decentralised store of value. The pe
by edwnj 4y ago
the transaction fees, the verification and throughput limitations are fundamental technical tradeoffs required for a truly decentralised store of value.
The people and technologies claiming to have "fixed" or "improved" upon bitcoin are often making different trade offs they lie about. This is why I like solana, they make no pretence of being decentralised.
btw fiat is 1000x worse. You don't see it on the news because you're forced through coercen to bail out & insure these bad actors. The current US bank reserve requirement is 10%.. the only reason there isn't a bank run is FDIC. The whole thing is an incestious mess that creates our current world of cantillionaires..