Re:A faster, more efficient cryptocurrency
by trophycase on Monday February 18, 2019 @02:03PM
(#19193253)
If you're saying "Bitcoin doesn't work in any meaningful sense" you simply just haven't used Bitcoin. It works absolutely fine, even great most of the time, and accomplishes what I personally see as its purpose.
[ Parent
| on HN ]
Re:A faster, more efficient cryptocurrency
by driverdan on Monday February 18, 2019 @05:03PM
(#19194896)
In what way?
* Mining has become highly centralized, the opposite of its original intent.
* Transaction fees are too high to justify its use in every day transactions and small transfers.
* Very few merchants accept it for every day transactions, and the number has decreased over time.
Re:A faster, more efficient cryptocurrency
by kadendogthing on Monday February 18, 2019 @02:23PM
(#19193445)
Yep. Perfectly fine as tech beanie babies.
Re:A faster, more efficient cryptocurrency
by sametmax on Monday February 18, 2019 @02:43PM
(#19193675)
As a POC of an alternative medium of paiement.
As an idea, a hope, the starting point for iterating on the future of money.
As a way to make the society think and debate.
And as all that, I think it had been successful.
Re:A faster, more efficient cryptocurrency
by kadendogthing on Monday February 18, 2019 @03:09PM
(#19193922)
What exactly are your measures for success?