Post
Topic
Board Bitcoin Discussion
Re: The digital perfection of Bitcoin
by
Fortify
on 30/12/2021, 16:20:43 UTC
People always say that Bitcoin is the digital money that will take over soon as the world is digitalized,but they have not understand something, It may not be easy as we  think due to some delays in confirmation of transactions,It will be a good development to the whole world, but how do we perfect this and make it handled and easy as a physical money? Bitcoin has actually come to stay an let make it perfect and make it easy for everyone to use, through the digital. Yes I agree that Bitcoin is future currency, but let it be easy to use ?

I think it's bad form to say that Bitcoin is perfect and it can be improved in numerous ways. It's like saying the internet was perfect shortly after it came out, yet we've seen it evolve and transform to produce many more miraculous things. I doubt Satoshi would have wanted people to stop developing the blockchain idea at this first iteration and it's great that other cryptocurrencies are developing novel new ideas based on the same core concept - a transparent link of all transactions allowing you to trace every coin ever creating (stopping "counterfeits" entering the supply) in a decentralized manner. If the energy usage can be lowered below existing payment networks and the speed can be almost instant, then it would be much closer to perfect.