Post
Topic
Board Bitcoin Discussion
Re: On Ordinals: Where do you stand?
by
BTCBroker2016
on 25/05/2023, 09:24:12 UTC
Bitcoin was destined for micropayments , high fees are just nonsense .
Bitcoin is the most inefficient, distributed database. For Bitcoin to tackle the same (on-chain) tx/sec rate as with financial institutions like Visa and Paypal, it has to become one. It simply becomes impractical for the average user to run a node.

But, to clarify to everyone reading this: HmmMAA is arguing for BSV, and does not acknowledge value in running a full node unless being a miner. Given that, it is justified to be in favor of large size blocks. But Bitcoin is destined for micro-payments, indeed; it's just not the blockchain the way to go.

It has changed so much from the begining of it's story everything is possible