Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
dumbfbrankings
on 09/06/2016, 19:58:04 UTC
The future is finally here.
Of course, it is. People must finally understand that blockchain space is a limited and valuable resource. You have to compete to get included. And compete even more to get included fast!

Good news! As Bitcoin's throughput is currently capped at less than 3.7 global tx per second... You don't have to compete to have your value transferred, there are now other options! Bitcoin can crawl slowly to its destiny of being high-powered central bank reserve settlement money... while general use and commerce can use something else. You see, while Bitcoiners battle each other in competition for inclusion, Bitcoin itself will be competing with other networks. Free markets ftw.

There will be no "fee event", as excess use cases can easily flow across the interwebs without competing for inclusion in a centrally planned artificial capacity quota! You won't even have to deposit and lock-up BTC in a payment channel that must stay continually connected to its monolithic hub partner. What a world!



https://medium.com/@lamassu/lamassu-announces-official-support-for-ethereum-9a4c1d8dc20b