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.
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The issue with that mentality is that banks won't get better over time. Bitcoin have the lightning network that can change everything. If all fails, a fork or algorithm change can be implemented. Is it perfect right now? No its not, but at least there's a future
Lightning won't work because Bitcoin is so bad it isn't even efficient enough to handle exceptional/error cases for a global network, which is what Lightning uses it for. The future is some altcoin doing things right from the beginning.
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I really doubt some of the smartest minds are working on a solution that you think won't work. Bitcoin can be improved though. Sure some altcoin could end up with a better tech but the fact is humans don't rely on the latest and greatest but on what is proven to be working
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my guy, it's time to find a new sacred cow to get inordinately fanatic over
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