2018 Clusterfuck Forecast
jamesd at echeque.com
jamesd at echeque.com
Sun Jan 7 16:11:30 PST 2018
On 1/8/2018 8:48 AM, Steven Schear wrote:
> In the medium-sized to long-term I've written off all crypto that serve
> no useful function except, perhaps, as "digital gold" for asset safety.
> Comparing BTC to national monies, how many would use a currency whose
> fee "friction" made it impractical to use except as a replacement for
> Wire transfers?
The intolerable fees reflect scaling limits. If scaling not fixed,
bitcoin will die. If scaling fixed, bitcoin will likely replace
national currencies.
More information about the cypherpunks
mailing list