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by ben_w
207 days ago
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If. BTC itself can't do that: the transaction rate would be borderline even just for a low-ball estimate of all the once-a-month payments happening in just the city of Berlin. The various proposals for layer-2 stuff makes it look like a bunch of banks using a funky currency without any of the controls that exist because weird currencies are bad for business, but AFAICT because of that, the BTC part itself works like interbank balancing transactions, and the BTC transaction rate isn't sufficient to cover once-a-day interbank balancing transactions. |
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