Re:Most Bitcoin Inscriptions belong to a single person
by faefox on Monday May 29, 2023 @11:04PM
(#36120697)
Did the original "digital cash" thesis ever make sense? It's my understanding that Bitcoin can never hope to scale to meet a fraction of daily real-world transaction volume outside of adopting a so-called L2 solution like Lightning Network, which would seem to defeat the point somewhat.
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Re:Most Bitcoin Inscriptions belong to a single person
by paulgb on Tuesday May 30, 2023 @05:32AM
(#36122868)
It certainly couldn’t have covered all of human commerce, but it could cover the sort of transactions where having an uncensorable, irreversible transaction is worth paying a premium for (silk road, etc.)