Hacker News new | ask | show | jobs
by goosejuice 478 days ago
It's my understanding that the prevailing pro-crypto view is that it's a store of value not a payment system.
2 comments

That's the view Bitcoin took, after they gave up on the kind of scaling they'd need to be a practical payment system. Ethereum is working hard on scaling beyond 100K tx/sec:

https://vitalik.eth.limo/general/2025/01/23/l1l2future.html

That's the sucker view. It's only useful for transactions because it's too risky to hold.