2018 Clusterfuck Forecast

Steven Schear schear.steve at gmail.com
Sun Jan 7 17:38:02 PST 2018


Bitcoin Cash's 8 MBPS blocks offers has on-chain chain scaling sufficient
to enable substantial growth. 64 MB  blocks could handle as many txs/sec as
PayPal. Off-chain, once solid tech that isn't a backdoor for CBs and WS (as
LN appears to be), should easily compete with VISA.

On Jan 7, 2018 4:11 PM, <jamesd at echeque.com> wrote:

> 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.
>
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