Bitcoin price: 2013 “too expensive” 2014 “too expensive” 2015 “too expensive” 2016 “too expensive” 2017 “too expensive” 2018 “too expensive” 2019 “too expensive” 2020 “too expensive” 2021 “too expensive” Bitcoin is always “too expensive” for those who don’t believe.
this is a stupid argument because if you scaled bitcoin to replace all of the other transactions it would be vastly worse. bitcoin is extremely inefficient for what it accomplishes.
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That's wrong a bitcoin transaction doesn't cost energy. High miner incentives price x reward do. Doesn't change with scale like you think.
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that's an important subtlety to point out, the marginal cost of a transaction doesn't directly impact the miner's difficulty or incentive - but it's still somewhat beside the point because if you actually moved all transactions on chain it would be super slow & inefficient still
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