Bitcoin

Out of context: Reply #2474

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  • neverscared-3

    Bitcoin can (theoretically) handle 7 transaction per second, at the cost of 2,500 kWh (an average home uses about 1,000 kWh per month). A transaction takes about 10 minutes to be settled.

    This is not a currency. And it has no potential to ever be a currency. BTC currently uses 0.65% of total world energy. It's an absolute abomination. On the upside, these "currencies" appear to be dying.

    Just for comparison: Visa can handla 65,000 transaction per second, and can handle about 250,000 transaction using the same amount of energy as one single BTC transaction.

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    • https://twitter.com/…neverscared
    • blah blah blah. yes it's not a currency. it's the peg for a currency. If you want currency on BTC look at lightening network.shapesalad
    • Also learn about layers when it comes to crypto.shapesalad
    • LLOL "layers"grafician
    • https://www.youtube.…shapesalad
    • Your so called "layers" are essentially the same as putting the Visa Network on top of an OTC penny stock. Not decentralized, not backed by stable value.monNom
    • PoS doesn't fix that either, as it simply creates a centralized cartel system to replace the decentralized.brute... of PoW.monNom
    • So what good is an "anonymous, decentralized currency" when it is neither anonymous, nor decentralized, nor a currency? (Nor a stable store of value)monNom
    • the massive CO2 exhaustion is the good part.. they greedy cryptobros all love that.... fuck the planet and its humans up .make some coin,, buy a second house...neverscared
    • that greed will be a burden for everybody.neverscared
    • If comparing to Satoshi's vision, Bitcoin is a failed project. But none of this matters, Bitcoin's price is growing for completely different reasonsdrgs
    • what nonsense. takes a few seconds to learn how false that is. also the fact you still think of it as a 'currency' shows the narrative hole you've fallen intointeliboy
    • I agree with statementutopian
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