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A comment on Bitcoin may be optimally positioned to become preferred currency for world trade. Parent comment

Re:Bitcoin may be optimally positioned to become preferred c... by Robotbeat on Monday March 01, 2021 @10:44AM (#26303832)
...a first settlement layer that the normal person simply cannot use. 7 billion peopl and 7 transactions per second is 1 billion seconds between transactions. Over 30 years.

Going completely to only larger players and being inaccessible to most people at the first layer is completely missing the major purposes of Bitcoin as laid out by Satoshi.

[ Parent | on HN ]
Re:Bitcoin may be optimally positioned to become preferred c... by diegocerdan on Monday March 01, 2021 @10:48AM (#26303899)
Most people in 1900 would not transact in Gold although it was the first settlement.

The world was fine till governments decided to operate without hard money as first settlement layer.

We are going to revert back. It _has_ to be fixed.

[ Parent | on HN ]