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by MereInterest
1960 days ago
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Except that there is a maximum number of transactions per block. Across the entire network, by design, there can never be more than 5 transactions per second. This is stupidly small. If people received their biweekly paychecks in bitcoin, only 6 million people could be paid without going over that transaction limit, assuming that absolutely nothing else is done using bitcoin. The marginal energy usage being zero is another way of saying that Bitcoin wastes the tremendous amount of energy that it does even if nobody is using it at the time. |
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