Re:Bitcoin not for me, says Bill Gates
by UncleMeat on Friday February 26, 2021 @07:25AM
(#26274068)
Both choices lead to “centralizing”. With the existing throughput of BTC, were it to be adopted by the entire world, each person would get one transaction per several decades. This means that virtually all transactions must be done off chain through hubs.
I think it is important to realize how these huge policy decisions are left in the hands of a few individuals too.
I think it is important to realize how these huge policy decisions are left in the hands of a few individuals too.