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There should be something to cope up with the sudden spike in global demand related to cryptocurrencies. This is what we are lacking and may prove to be disastrous for crypto-economy if nothing is done soon.

could not agree more. This is a classic scaling problem. At some point throwing more processing at the problem will not help.
When the curve of demand vs processing goes vertical, the next increment in demand will gap away form the curve and the system will be degraded...

Arn't we there already?

What happens when the herd arrives?

This may cause BTC holders to rotate out and price to suffer... perhaps that happened the last few weeks?

bit32

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