Re:10 years of whatever this has been
by 127 on Thursday November 18, 2021 @02:38AM
(#29263031)
Current Bitcoin blockchain size is at something like 500 GB. Which is definitely not out of reach for most people in the first world.
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And his comment was referring to:
> in the golden crypto universe that every follower dreams of, every text, transaction, breath, thought, all exists on the blockchain
Bitcoin is necessarily, explicitly inefficient, by virtue of being an immutable append-only log. A first-year CS student with a week of Data Structures and Algorithms classes could tell you that.
And it's not even being widely used as a payment system yet - at that point the transaction volume would explode, and the computational and storage inefficiency would become even more salient issues than they are now.