You appear to be missing some of the nuance being explained to you here. There are compromises that need to be made if you place all your focus on maximising the number of transactions per second. Scaling carries certain costs to bear. The first thing which some people tend to sacrifice in favour of raw speed is decentralisation. But those of us who understand Bitcoin do not want to sacrifice decentralisation. As bitmover said, being in control of your funds and not having barriers to transact with other users is vital. Those are not qualities we would ever want to lose.
That was a good answer DooMAD
Pingip, let's take Facebook coin for example
There are laws in the usa. Congress and trump and trying to push harder regulations on Facebook coin, just like a bank (you may have heard of that).
And they can force Facebook work just like a bank. You will be demanded kyc to transfer libra, they will ask what is your income, where did you get the money from , and will also blacklist people who are "suspicious"
In the end, Facebook will control your funds and to whom you can transact them. Just like a bank. Transactions may even be reversible (if regulation demands it).
Why didn't it happen to iota , nano , etc yet? Because those projects are a joke, and Congress and USA government etc are just laughing at them. But if they decide that those projects must demand kyc to use the network, iota / nano will be forced to comply, because they are companies. They can and will be shut down if they do not obey the law.
Now go try to shut down bitcoinBitcoin is valuable not because it is fast or cheap. This was not a problem when it was created (Visa already solved that), and this is not the problem it is trying to solve.
Bitcoin is trying to solve something else: Giving back power and control over their property (money) to individuals, without government inteference. Bitcoin allows you to transact with anyone you want, anywhere in the world, without asking authorization for no one.
you fucking crazy mate and i dont fucking kidding as satoshi team talked about the problem of scaling...where you was??? they said that people ned to work and find and scale this somehow...
nano is joke you fucking crazy...
your post to much general and some how dont have any direction as top experts in cryptography and satoshi team talked about scaling problem.
crypto come to replace visa and paypal and banks and all this system which is more then 30 triilion dollars, how you wanna to get to this without scaleing.
staoshi team and bitcoin was the seed for all this change but we need to improve it yet somehow the great projects still hit the IRC OF mit club bitcoin by anonymouse people with creativety which try to solve this