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Old 09-29-2021, 06:47 AM  
jscott
So Fucking Banned
 
Industry Role:
Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Quote:
Originally Posted by k0nr4d View Post
Correct, it's not scalable. It's waaaaaaaaaaaay too slow. It was the first one - but technologically much better ones have come along since then. If it had 1000x more transactions it would be even worse.
I think you don't use Bitcoin on-chain, it's VERY fast and VERY cheap lately.
I think you also are not aware of Bitcoin 2nd layer Lightning Network which sends instantly & free.

Most people do this though, they disregard Bitcoin without using or learning about it. Why? I think most dive into unit bias cheap "the next Bitcoin" types who have marketing teams who promise they are better faster safer prettier than Bitcoin, which is always bullshit.
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