> But I don’t think it’s bullshit because it does solve a real problem - verifying transactions independently. But of course there are trade offs with this, such as bitcoin’s power consumption. The disconnect comes from crypto people misjudging the world. The current financial system simply isn’t so bad to require all the weird trade offs of crypto.
If the current financial system stopped working and for some reason we needed to actually use Bitcoin to pay stuff, it would not be possible. Cryptocurrencies don't scale, because the way they work is extremely inefficient.
If the current financial system stopped working and for some reason we needed to actually use Bitcoin to pay stuff, it would not be possible. Cryptocurrencies don't scale, because the way they work is extremely inefficient.