Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 05/10/2017, 21:13:08 UTC
I mean really.... Can you at least agree that we are somewhere on the lower end of a fraction of a percentage of world adoption, and just imagine first of all getting to a point of 1% adoption might take some time. 

The important vision is ubiquity of Bitcoin. As for me, I am working toward that vision.

Quote
If there are 7 billion people in the world, then 1% would be 70 million using bitcoin in some kind of way... Are we even close to that? 

Obviously not. It would take about 280 days to make 70 million transactions on today's Bitcoin Core. Over a month on Bitcoin Cash, which is still too long, but nearly an order of magnitude better. Because big blocks.