You are viewing a single comment's thread from:

RE: "Blocksize would need to become 555 MB in size for bitcoin to scale to VISA levels. 214 GB every day, and 78 TB every year!

in #bitshares • 8 years ago (edited)

which would centralize bitcoin even more.

I think there are much better alternatives for the "VISA" approach, bitcoin should be used as what it it. a storage of value.

2nd layers, lightning and whatnot will only centralize it even further.

8 years ago in #bitshares by
$0.28
  • Past Payouts $0.28
  • - Author $0.21
  • - Curators $0.07
1 vote
Reply 1
Sort:  
  • Trending
    • [-]
     8 years ago (edited) 

    Small scale "store of value" is irrelevance and death thanks to Metcalfe's Law and competitive network effects. That suits me ok now though, DPoS is superior to PoW anyway, and I no longer hold Bitcoin, only alts.

    $0.00
      Reply