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by moe
4201 days ago
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The elephant in the Bitcoin room is that it simply cannot scale up to high TPS rates. What is it about Bitcoin that makes seemingly everyone, no matter how unqualified, re-iterate the same naive knee-jerk trite at no end, at every opportunity? Can we please stop repeating the same old debates on every article with Bitcoin in the title? |
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But yeah it's getting a little old. It's like someone posts a thread about some new solar invention, and the top comment is 'but the elephant in the room is that there is no global warming and it takes more energy to build a solar panel than it can ever generate' and we all sigh. This is a little less wrong than that, but the notion that bitcoin can't scale is simply false too, and and the topic itself is a lot more complex than 'it can' or 'it can't'.