Quote from: Anti-Cen on December 23, 2017, 02:30:51 PM

Quote from: ZepaniZeppos on December 23, 2017, 02:17:02 PM

It's not about "falling" for it. You should always think and make wise decisions based on your own knowledge.
And off course you will have to learn about technical aspects of different coins and blockchain.

Most charts are concerned with miners and so is 90% of the code that does a lot of PoW and
is about reeving the cars engine without going anywhere and this is not something I want
to learn too much about because it is obvious that it won't be here to stay

1. Only 7 transactions a second
2. Wastes GPP/CPU Power
3. Wastes electrical energy
4. Mega high transaction costs.

VISA-Card works without Pow and is fifty times faster and can deal with 25,000 TPS
so we just need a system a bit like this that we own and control instead of the bankers plus
the rip off miners that have proven to be even worse than the bankers

In other words the king has no clothes on.

Well the slow TPS is because it's not as easy for a decentralized blockchain system to process that many transactions at that speed.
However I think somewhere in the cryptocurrency space there will be a developer who is able to solve this problem because there is a lot of smart devs out there just sayin.