Re:What Bitcoin’s White Paper Got Right, Wrong and What We S...
by bufferoverflow on Saturday October 31, 2020 @06:18PM
(#24955663)
> I never understood how "But Can I buy Starbucks with Bitcoin" became a meme
Because you've never read the white paper. Which is titled "Bitcoin: A Peer-to-Peer Electronic Cash System".
Unfortunately the payment aspect of bitcoin got ruined by the people who decided to lock the block size at 1MB (+segwit). Which resulted in blocks being permanently full, transaction pools clogged, and transactions fees insanely high.
Because you've never read the white paper. Which is titled "Bitcoin: A Peer-to-Peer Electronic Cash System".
Unfortunately the payment aspect of bitcoin got ruined by the people who decided to lock the block size at 1MB (+segwit). Which resulted in blocks being permanently full, transaction pools clogged, and transactions fees insanely high.