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by johnvonneumann 3133 days ago
Please don't start on the "Vision" rhetoric, look at the pipeline of core, there is a clear path to VISA scale tx but it is an engineering challenge, unfortunately the majority of people complaining and talking about scaling blocksize (right now, with a terrible straight-up hard-fork) are (bad) Operations people who are more than happy to shitcan half the benefits of a decentralised, privacy focused system for a frankenstein system that in reality still won't compete with VISA. Protip, if you're competing against a behemoth incumbent, it's not enough to simply match their capabilities, you have to surpass them. Lightning network fees will be cheaper than VISA, a lot cheaper. Scaling a $120b financial network on a whim without a real engineering team is not only a bad idea, it's downright fucking deplorable to put users at risk.
1 comments

I've never said that Bitcoin Cash is any better. It may have lower fees right now but it still takes ages to transact. I just doubt that any Bitcoin based coin will ever match my vision and that we need something fundamentally different. Maybe Lightning Networks will solve it but it doesn't seem clear.