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Bitcoin Discussion
Re: Why Bitcoin is doomed to fail, and there's nothing you can do about it.
by
taltamir
on
12/09/2014, 12:31:16 UTC
Quote from: Munz77 on March 02, 2014, 02:39:54 AM
Uneducated ramblings by the opp.
http://www.scribd.com/doc/192730349/National-Australia-Bank-Bitcoin-to-replace-AUD
Bitcoin is an alpha product, it is unfinished.
At its current incarnation it is limited to about 3.5 transactions per second and requires a hard fork to change that. There is no way it can be suitably used as a nation's currency in its current state