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To be clear I also said that it _does_ have potential as a store of value. The BTC network can't sustain thousands/millions of TPS, although BTC can be xfered on lightning/L2s/etc.

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Wu Blockchain

@WuBlockchain

May 16

FT: Sam Bankman-Fried, founder of FTX, said that Bitcoin has no future as a payments network because of its inefficiency and high environmental costs. Countries such as El Salvador and the Central African Republic have adopted Bitcoin as a legal tender. ft.com/content/02cad9

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When will FTX finally join the Lightning network?

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UnterseeBankofSwitzerland

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...Does SBF know that the lightning network consumes almost zero electricity, and that the components of a node are very durable; many nodes could easily serve for more than a decade...? 😮 So environmentally friendly!

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To be clear I also said that it _does_ have potential as a store of value. The BTC network can't sustain thousands/millions of TPS, although BTC can be xfered on lightning/L2s/etc. twitter.com/WuBlockchain/s…

12:58 PM · May 16, 2022Twitter Web App

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