If only Bitcoin could scale on its own
If only there was a L2 #bitcoin
micropayment system...
https://twitter.com/KimDotcom/status/1374790636637884417 …
Try and buy a Soda with Bitcoin.
#Bitcoin median fee $8.92
#BitcoinCash median fee $0.001
Source: http://txstreet.com/v/bch-btc
Over half of all cash payments worldwide are under $10. $BCH is serving the mass market, not just the 1%. @elonmusk
That’s http://whybitcoincash.com 
https://twitter.com/elonmusk/status/1374617643446063105 …
median fee $8.92
https://twitter.com/elonmusk/status/1374617643446063105 …-
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UX on lightning is simply not good enough yet
@paoloardoino. -
Not only the UX, but the backend is also weak.https://twitter.com/JnosLzr1/status/1208799811861991424?s=20 …
Use#XRP instead of#BTC and you can replace "will be working" with "is working".
Lightning network is not working there are many problem with that.
Just one example among many
https://arxiv.org/pdf/1911.09432.pdf …
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Layer 2 solutions are the new shitcoin.
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....oh wait, there is a L2 and it's called Lightning
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How can it be used? I hope I do not need to pay the median fee of $8 to use it.
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The embarrassing fallacious assumption that any micropayment should be saved in a long-lasting public ledger, replicated tons of times, all round the world, is alive and kicking, I see.
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People fail to grasp exponential curves. Linear on-chain scaling has no way to keep up with real world adoption, which is exponentially bigger than current volumes. L1 as settlement layer and L2s as transaction layer can scale up exponentially instead
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There is its called tron.
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One scammer tells the other scammer his scam is the better scam, lmao
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