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A comment on Bitcoin Failed in El Salvador. The President Says the Answer Is More Bitcoin. Parent comment

Re:Bitcoin Failed in El Salvador. The President Says the Ans... by chaostheory on Saturday December 11, 2021 @12:03PM (#29522367)
You’d have a better point if transactions were fast AND cheap. Until crypto gets there, it won’t be viable as an actual currency yet. I’m not saying it’s impossible like this hit piece, but it’s not there yet.
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Re:Bitcoin Failed in El Salvador. The President Says the Ans... by lowkey on Saturday December 11, 2021 @12:24PM (#29522565)
1) Bitcoin isn't about fast and cheap transactions. It is about censorship-resistant transactions and sound money with a fully fixed and transparent monetary policy, protected by the most powerful supercomputer in the history of the world. No other crpyto currency or asset class offers this.

2) Lightning already offers fast AND cheap payments at nation-state scale. The future is already here, it just isn't evenly distributed yet.

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