Are cryptocurrencies ready to handle large number of transactions?

[juan]

On Fri, 29 Dec 2017 11:06:34 +1000
jamesd at echeque.com wrote:

> On 12/29/2017 10:13 AM, Steven Schear wrote:
> > For obvious fraud and thefts, yes. Stashcrypto's multi-sig Voting
> > Pools, if widely adopted, have a good chance to quell some of the
> > illicit activities. However, there are so many ways markets and
> > exchanges can and are manipulated (e.g., "painting the tape") that
> > it will clearly take some time and maturing of exchanges before
> > this can happen.
> 
> Bitcoin is obviously broken in so many ways, but is working because
> of social coordination by a behind the scenes group who simply refuse
> to allow those breaks to happen.


	and what group is that? 


> 
> This, however, is obviously unsatisfactory.  Instead of relying on
> the obviously corrupt and hostile federal reserve, we are relying on
> a secretive conspiracy that we have some reason to hope is friendly,
> but it is still a secretive conspiracy.

	you mean blockstream?