Quote from: ponzinomics reloaded on November 12, 2014, 03:58:03 AM

7 transactions per second makes a currency eligible for reserve currency? USA just needed to win the WWII to impose dollar....

If the Banks succeed in taking over Bitcoin, they will have access to networks that can handle more than 1MB of data every 10 minutes*. With 100MB blocks, Bitcoin can handle up to 700 transactions per second (CPU might start to become the bottle-neck).

Bitcoin appears to be the first secure network application in the history of mankind. It does not have to be imposed by force: because it is far superior to what has come before.

*Note: My full node uses about 100GB of it's 300GB cap every month (works out to less than 1Mbps).