Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
e9
on May 30, 2021
|
parent
|
context
|
favorite
| on:
It's time for us in the tech world to speak out ab...
It’s both. It’s not a scam in a sense that it is a store of value(digital property) to a small degree. But a scam in a sense that it can’t power every day transactions or day to day needs etc
synesso
on May 30, 2021
|
next
[–]
The early narrative around paying for coffee didn't pan out. But right now it is it's an extremely valuable global settlement system.
ertian
on May 30, 2021
|
prev
|
next
[–]
There are a dozen different approaches to solving the bandwidth problems. IMHO, it's safe to say one or more will succeed.
e9
on May 31, 2021
|
parent
|
next
[–]
Pretty much all of them require to do transactions outside of Bitcoin network and making parts of the system more centralized and more vulnerable.
tuesdayrain
on May 30, 2021
|
prev
[–]
>But a scam in a sense that it can’t power every day transactions or day to day needs etc
It's not supposed to. No need for a permanent ledger to store cheap day-to-day transactions.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: