News for hackers. Stuff that matters.

A comment on Algorand – Fast, low fees and sustainable blockchain. Parent comment

Re:Algorand – Fast, low fees and sustainable blockchain by jrm4 on Sunday November 21, 2021 @12:26AM (#29294396)
Bitcoin is valuable, but it ain't close to "money," at least for now. Money is the thing you can use to facilitate transactions easily, and Bitcoin is absolutely not that.

As for NFT's, sure - a lot of things have value to some people. Right now it appears as if NFT's are valuable for luring in suckers and enabling very stupid people to try to launder money. Now, will NFT's be widely valuable to a lot of people in the future? Perhaps, but it strikes me as far from a sure bet.

[ Parent | on HN ]
Re:Algorand – Fast, low fees and sustainable blockchain by kranke155 on Sunday November 21, 2021 @09:29AM (#29296395)
It’s a sure bet. It’s such a sure bet that I would bet on it.
[ Parent | on HN ]
Re:Algorand – Fast, low fees and sustainable blockchain by supah on Sunday November 21, 2021 @03:13AM (#29294913)
Lightening network ?
[ Parent | on HN ]
Re:Algorand – Fast, low fees and sustainable blockchain by jrm4 on Sunday November 21, 2021 @01:04PM (#29298251)
I'll believe it when it happens.
[ Parent | on HN ]
Re:Algorand – Fast, low fees and sustainable blockchain by kranke155 on Sunday November 21, 2021 @02:46PM (#29299074)
It has already happened?
[ Parent | on HN ]
Re:Algorand – Fast, low fees and sustainable blockchain by supah on Sunday November 21, 2021 @08:44PM (#29301806)
sure has, it’s already in full swing and nodes are growing.

El Salvador is also using Algorand to build upon.

[ Parent | on HN ]
Re:Algorand – Fast, low fees and sustainable blockchain by jrm4 on Monday November 22, 2021 @12:37PM (#29309166)
All of these things are pointed in the right direction; but again, I'll believe it when I see e.g. "For the first time, 10% (low number, right) of El Salvadoreans bought their groceries with Bitcoin this month."
[ Parent | on HN ]