Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a revolutionary currency but a fairly inefficient payment network
by
RocketSingh
on 18/10/2016, 23:32:57 UTC
Yes, bitcoin is a near perfect currency on the on-chain settlement layer but very inneficient as payment network, since it can't scale on-network, therefore it will need offchain solutions like lightning network and such.
I think, bitcoin is more of a crypto-asset than a crypto-currency. It lacks many properties a currency is supposed to have...

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