During which time Bitcoin could have processed a blistering ~400 transactions for all users worldwide.https://twitter.com/NYSE/status/1193945842228572161 …
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Genuine question: have you ever dug into Ethereum? A lot of teams are trying to solve for this, and other interesting CS/dist. systems problems. I'm sure you'd be interested in a fair number of the things that get discussed on http://ethresear.ch daily :-)
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My popcorn futures are in sufficiently diversified; I don’t think I have a good enough handle on Ethereum as a technical artifact. As a product it seems like the killer app is securities fraud and Ponzi schemes. Which is a bracing thing for me to say but I do not feel it unfair.
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And it’ll take 3+ days for those Alibaba transactions to clear
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That statement is technically true in 2016, not in 2019.
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How so? Is that based on the idea that you could do more with off-chain solutions (lightning)? If so, are they actually close to being feasible at a large scale?
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You got a bunch of likes and retweets for your strawman hot take though, so congrats on that!
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Bitcoin's base layer is not ready for that kind of adoption. and that is okay. Bitcoin's a better savings technology than payment technology.
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