Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
Show this thread
-
Don't compare apples with oranges. Totally different tech. Besides, true Bitcoiners are here for the
#decentralization. But hey, good luck with your Visa card.
You still don't get it. Bitcoin is **not worth it**. It is categorically a broken design that will never be a global value transfer system. It is a *failure* at its stated goals. Ditch it already and look into whatever altcoin does things better.
-
-
Decentralization neither requires nor is worth a nine freaking order of magnitude overhead. That is just comically bad. The only reason Bitcoin hasn't died yet is due to all the speculation turning it into a game for investors; it's the only thing it's good for.
- Show replies
New conversation -
-
-
You don't get it. It is so sexy to have a decentralized libertarian network where 40 % of the assets are owned by 1000 individuals, for the major part in China. So much freedom.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Perhaps not worth it to you, but thats not your choice to make for anyone else.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I think it will be some time before that happens. All these scamming ICO and hacks, the market is going to cool intil the next big thing comes around. Imo
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.