Bitcoin is a disaster

Re:Bitcoin is a disaster by ric2b on Friday January 01, 2021 @06:51AM (#25602613)

> Think about what other technology is 12 years old you’d call “nascent”

Cars, Steam engines, Airplanes, Trains, the Internet, Radio, Phones, Mobile phones, Smart phones, Cinema, TV's, basically anything that is actually new technology?

I actually can't think of any new technology that reached maturity within 12 years of it's original prototype.

> The first ETF launched in 1993,

ETF's are a contract, they're not technology. By the way, BTC currently has 450 billion in net asset value, so...

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Re:Bitcoin is a disaster by alwillis on Saturday January 02, 2021 @04:12AM (#25611427)

As I type this, bitcoin's market cap is a little over $554 billion.

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Re:Bitcoin is a disaster by arcticbull on Friday January 01, 2021 @09:12AM (#25603368)

What technology do you use from 2008 that hasn't changed at all since then, and is also considered nascent?

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Re:Bitcoin is a disaster by ric2b on Friday January 01, 2021 @12:01PM (#25604611)

I don't know but Bitcoin is definitely not it, it's seen multiple large improvements over the years.

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Re:Bitcoin is a disaster by arcticbull on Sunday January 03, 2021 @01:32PM (#25623796)

Oh cool! Does it exceed 7tx/sec now? That's great news.

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