Post
Topic
Board Bitcoin Discussion
Re: Block chain size/storage and slow downloads for new users
by
RoadStress
on 17/03/2015, 04:51:24 UTC
I'm wondering, if we see bitcoin, or just any cryptocurrency based upon the blockchain principle, large, whether the volume of the chain is not going to be problematic.

If we look at companies such as Visa

Bitcoin doesn't need to compete with Visa....
Visa is a payment processor, and if it wants to remain relevant in the coming decades, it will have to start offering bitcoin denominated lines of credit.

Please take what danielpbarron says with a grain of salt. He is the same guy that is trying really hard to make MP (Mircea Popescu) a really happy boss while he is advocating the keep of a 1MB blocksize limit. Visa will never to able to offer anything related with bitcoin with this 1MB block limit because they will not play the bid-for-space war. danielpbarron is more interested in his power and influence while playing nice for MP than the Bitcoin development!