Re:Shorting Bitcoin
by tribaal on Tuesday June 29, 2021 @07:17AM
(#27674276)
Yes, certainly some countries need to modernize their banking infrastructure.
But you can do that without a blockchain for a tiny fraction of the energy cost, transaction time, and transaction fee (if there's a fee at all).
Example: twint.ch Instant transfer, no fees, ubiquous (you can pay you train ticket/parking/groceries etc... with it as well as transfer money to anyone). No blockchain.
But you can do that without a blockchain for a tiny fraction of the energy cost, transaction time, and transaction fee (if there's a fee at all).
Example: twint.ch Instant transfer, no fees, ubiquous (you can pay you train ticket/parking/groceries etc... with it as well as transfer money to anyone). No blockchain.