Quote from: francis2 on December 05, 2017, 05:33:53 AM

Quote from: Kprawn on November 03, 2017, 03:54:27 PM

I see a lot of people pushing for companies like Amazon to accept Bitcoin as a payment option. Have we considered the

implications of these decisions? Let's say we cannot scale to "service" the need for millions of new people who would use

this technology for the first time. What a big embarrassment would it be, if people waited 13 hours for their transactions to

be confirmed. Doing this now will hurt Bitcoin more than any other "bad" thing that has happened to it before.

We need to wait for the perfect scaling solution to address this problem, before Amazon or any other big retailer starts to

accept Bitcoin as a payment option. The Lightning Network might get us close, but it is not a proven technology yet.

Let's hear your thoughts on this? Huh

A bad launch like that will be very embarrassing and we do not want that, there is no point in pushing for something bitcoin is not ready yet, we need at least a few more years before that becomes a reality.

I can imagine how embarrassing it is going to be, going on that large scale and the network having a swell day from the massive transactions that would be going on. We are still looking forward to hugely going mainstream, but we are absolutely not there yet. There is still so much to do for now about the transactions which so far, only LN deployment can solve.