If 2.5 billion people adopt Corecoin, 1MB blocks only give enough capacity for 1 transaction every 15 years.
That's including 2nd layer "solutions"
If 2.5 billion people adopt Corecoin, 1MB blocks only give enough capacity for 1 transaction every 15 years
tard fud = bullish.
thanks
>facts are now FUD
Correct
But you’re an idiot op
Bitcoin isn’t meant to be used as a currency retard it’s like gold and it’s rare and expensive because there is only 21 million so it’ll always go up in price obviously it’s not a currency dummy
Retards will post in this thread and say this is fud
this isn't about being a "transaction network", im offering to give you a small gold coin to show you the features....
Isn't it ironical that you're completely ignoring what you were told to? Stop using it, you're not supposed to use it, retard. And that insult comes from him, not me. retard (that one comes from me).
>deletes prev response because of high retardation
...again this isn't about being a "transaction network", im offering to give you a small gold coin to show you the features....
atomic swaps LN and Litecoin will fix this.
Why is reddit so cucked?
If it solely were reddit... it's Zig Forums, reddit and twitter... have you ever looked at twitter? Cringe as fuck... however reddit "bundles" them slightly better
If LN is so good why no popular wallets have integrated it yet? They are doing piss poor outreach.
it's not good since nobody uses it (low volume)
nobody uses it since it's not good
LN is in a tough spot
normies will never adopt BTC
doesn't mean it's not gonna go up in price
it's interesting how you solely come back with
>muh price
really interesting...
KING DADDY NANO
WOOOOOOOOOOO
What are we supposed to come back with?
Crypto is just a means to an end.
The fact that I have not once mentioned anything about the price and you still feel the need to talk about it...
Delusion Peak
>Crypto is just a means to an end.
To an end of what?
Only boomers and retards are focused on cryptocurrencies. It's all about useful smartcontracts now.
>The fact that I have not once mentioned anything about the price and you still feel the need to talk about it...
...
This is the business and finance board, user, price is all that matters. It's discussion is implied.
>To an end of what?
Monetary gains?
>This is the business and finance board
Well, Crypto is not used by business outside crypto itself and using your own words also not a finance product.
>To an end of what? Monetary gains
So, why are you replying here? Also, why are you replying if you said that normies will never adopt it, basically yourself saying that the price can't go up as there isn't any buyers anymore...
>normies will never adopt BTC
Unlike gold having some unique aesthetic and physical properties establishing its price's lower bound, bitcoin cannot be used directly for anything other than storing value and transfering it.
BUT in practice you cannot use bitcoin to transfer value because of high transaction costs in both time and money. As OP pointed out, in future it will only get worse to the point of theoretical impossibility.
SO the only value of bitcoin is its perceived utility as a value storage. Here things get tricky. Can you notice the circularity?
Limited supply is a necessary but not sufficient requirement for something to have value. Everything that is valueable must be scarce, but not every scarce thing is valuable. Blue-eyed black lemur's shit is extremely scarce, as there are only thousand or so of those animals, yet you don't see it being sold at high prices. You don't see it being sold at all, because it has perceived value of exactly 0.
And bitcoin will be no different than blue-eyed black lemur's shit when the bubble finally burst and network collapses.
Why are you pretending you have some better option? All smug like you know anything about anything.
International bank transfers? 5 ladies fill out forms and stamp each transaction. Errors are corrected through the court system. If 2.5 billion people wanted to transact constantly using the banks like in your "real world" example we would need 12.5 billion bank employees to meet demand.
All other cryptos are under absolute central control by a foundation trying to make money. They provide nothing a central database doesn't and no established error correction through the courts.
Payment networks like VISA? Central databases with 1-5% fees and not even an option of simply transferring money.
Normies never adopted the internet, still today none of them know anything about the internet. They buy services from companies that use the internet to be able to sell consumer products like social media.
Stop arguing your charlatan scam against core, youre both garbage. False dichotomy, there are numerous better currency coin choices.
>Well, Crypto is not used by business outside crypto itself and using your own words also not a finance product.
Why are you making off topic discussions then?
Crypto is undeniably an asset class. Whether it's legitimate or not is irrelevant, if you want to "invest" in bitcoin, you easily and legally can in most parts of the world.
I really am missing the smart oldfags... stop shitposting so much in other threads
>Normies never adopted the internet
Have you opened for example youtube once in the last... 10 years?
>Crypto is undeniably an asset class
But Goldman Sachs says Crypto is not an asset class
>Have you opened for example youtube once in the last... 10 years?
You are too dumb to talk to. I will not soil my superior brain by exposing it any further to braindead scum of the earth like you that's unable to string together a single thought.
>They buy services from companies that use the internet to be able to sell consumer products like social media.
You don't use the internet. You're too dumb. You use services that are built on the internet for dumb people.
you give off such a loser vibe dude. relax
What are you doing with Crypto?