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Re:Let Crypto Burn by ivalm on Sunday November 20, 2022 @02:26PM (#33684299)
How much volume is there today in bitcoin for payment processing? Afaik extremely little. So bitcoin fails this usecase too.
Re:Let Crypto Burn by polygamous_bat on Sunday November 20, 2022 @02:31PM (#33684355)
7 transaction per second, so (as far as I remember) for every person in this world to make one transaction it would take around 30 years. Finance of the future and all that.
Re:Let Crypto Burn by ivalm on Sunday November 20, 2022 @02:59PM (#33684658)
To be fair they do have layer 2 to roll up more transactions, it’s just I think even with that it’s not a lot.
Re:Let Crypto Burn by MildlySerious on Monday November 21, 2022 @04:35AM (#33690653)
Bitcoin sure does and I haven't used it in half a decade. It's not a great benchmark for crypto as a whole.