Actually Ethereum is better.
Everything but bitcoin is total bullshit
Evan Powell
John Roberts
Lel Took you long enough. The whole point of trading alts is to accumulate btc.
Justin Morales
Electroneum is actually the best desu
Owen Carter
Sure they don't.
Joshua Johnson
Bitcoin Candy
Luke Barnes
They're all shit
Now sell me your bags goyim
Isaac Reed
Let me do some math.
Mainstream adoption eventually comes along. People actually want to make transactions with their crypto (buy groceries and shit). Billions of people want to use Bitcoin... well, on-chain, there can only be roughly around 300mil transactions in a year (1MB blocks+Segwit = ~10TPS, ~30mil sec in a year). That means only 300mil people of the worlds 7.5 billion can do one transaction during the whole year. Not really that good now, is it?
OK then, we have the Lightning Network to save us. Lets put all the people on the LN and have them do transactions there. But opening a LN channel equals at least one transaction on chain. With 300mil tx per year, we'll get half the worlds population on the LN in a whopping quick speed of 12 years, during which the chain will be full of these transactions and otherwise unusable. Even once we get all the people on the LN, only maybe 0.1% of the people will ever afford on-chain fees. Rest of the population will only use the LN for their whole life. Why is the chain necessary in the first place then even? Will LN ever become secure and decentralized enough for people to hold their money on it for their whole life?
Cooper Rogers
you just used an example of a bubble reinflating successfully to talk down on bubbles not reinflating, fucking kek
>pic related
Luis Gray
>12 years
So you're saying it will only take 12 years for Bitcoin to scale to the world's population with the tech ready to 100% replace banks. How is this not bullish for Bitcoin???
Jason Richardson
Because the average Jow Forums posters are all 12 year old boomers