Re:Coinbase to Suspend Trading in XRP
by etrabroline on Monday December 28, 2020 @09:34PM
(#25566093)
>bitcoin is 100% doing exactly what it was designed to do
Bitcoin was designed to allow low-fee small amount internet commerce. From the first paragraph of Satoshi's white paper:
>The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions [emphasis added]
This is clearly no longer the case with the BTC fork of Bitcoin:
Bitcoin was designed to allow low-fee small amount internet commerce. From the first paragraph of Satoshi's white paper:
>The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions [emphasis added]
This is clearly no longer the case with the BTC fork of Bitcoin:
https://privacypros.io/tools/bitcoin-fee-estimator/
Therefore BTC is not doing what it was designed to do.