Ok smartass: if we streamed 1¢ xfers to users (we have a *billion*) for web/app rev sharing, it'd generate *millions of txns per second* that would need to be processed instantly for near-0 fee. Doing that via L1 txns is a fantasy, and your big blocks are a laughable non-solution
People concerned that Bitcoin might be somewhat inefficient for buying a latte don’t seem to be as bothered that government fiat currency is horribly efficient for funding bottomless immigration, endless wars and intergenerational debt enslavement.
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When is this identity project going to see the light of day?
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The open source tech is in development via DIF, and our Microsoft uses/integrations will be debuting in a first wave of pilots this Spring.
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Well, not even that, unless they're doing 0-conf or waiting 10 minutes ;)
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I am concerned that Bitcoin Core Fans buy the "store of value" story. I want free market money and that's why I prefer Dash or Bitcoin Cash.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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They do this is why bitcoin needs to be suitable for all tx So it can replace fiat It cannot replace Fiat with high fees
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Yes, the loss to a consumer who loses 20% spending power to Inflation every time he spends is indistinguishable from a consumer who lost 20% in transaction fees. Like inflation the first to get new money are advantaged.
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Only in bitcoin, if you saved $1000 you can only spend 2 or 3 times before the money loses its value. A bitcoin like this is not going to emancipate 80% of the productive poor who live on $10 a day, the ones trapped in fiat. only Bitcoin Cash can.
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I've transferred your tip of 0.00071931 BCH ($2 USD) to StefanMolyneux!https://twitter.com/tipprbot/status/944091082480078848 …
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Lightning might be 2 years away
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It isn't, I'm confident folks like
@starkness will have it ready much sooner. And you be praying it is, because use cases like ours literally can't be done as atomic, 1:1 on-chain txns - a chain would instantly buckle under a load that makes today's backlog look like a tiny joke. - 1 more reply
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Just as I said . . .https://wilderwealthywise.com/bitcoin-satoshi-and-belief/ …
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I enjoyed reading that very much!
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An equally enjoyable morning read :)
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