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A comment on My professional opinion as a blockchain researcher: I don’t see the point (yet). Parent comment

Re:My professional opinion as a blockchain researcher: I don... by bavell on Monday February 12, 2018 @02:17PM (#16361144)
> extremely high volatility

Definitely

> Slow transaction verification

Depends on your definition of slow. The fact that I can send hundreds of thousands of USD across the world in about an hour seems to beat any other method easily available to me.

> very high transaction fees

A month or two ago, sure - TX congestion had driven up fees to ridiculous levels. Now that the congestion has cleared, I can once again send hundreds of thousands of USD across the world for less than a dollar.

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Re:My professional opinion as a blockchain researcher: I don... by GenericsMotors on Monday February 12, 2018 @03:36PM (#16361841)
> A month or two ago, sure - TX congestion had driven up fees to ridiculous levels. Now that the congestion has cleared, I can once again send hundreds of thousands of USD across the world for less than a dollar.

Congestion has only cleared because the transaction volume has fallen to a two-year low:

https://bitinfocharts.com/comparison/transactions-btc-sma3.h...

The bubble is deflating, in case you haven't noticed.

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