Official Bitcoin Thread

2,384
1,658
Joined Aug 7, 2012
It's true though. Bitcoin went from "down with the banks" to "mainstream adoption by banks"

Gotta be honest about these tokens.
It's not dead at all, banks adopting it doesn't take away from the fact that the world agrees Bitcoin has value and can be transferred with no intermediary.
That was already the success. Last time I checked, it still enables you to be your own bank.

If it slowly becomes the underpinning of the financial system of the future, it would have succeeded in creating the world's first widely transparent medium of exchange.
 
629
1,169
Joined Dec 30, 2014
btc isnt dead but its original intent to be a P2P trustless payment system wont work at least to scale and its energy consumption is not practical...not to mention that proof of work has its own issues with centralization. it doesnt change the fact that it has value. theyve been talking about a lightning update thats scalable for a long time now and on paper it seems like a gamechanger but dont know when they will implement.
 
7,851
1,432
Joined Aug 21, 2005
btc isnt dead but its original intent to be a P2P trustless payment system wont work at least to scale and its energy consumption is not practical...not to mention that proof of work has its own issues with centralization. it doesnt change the fact that it has value. theyve been talking about a lightning update thats scalable for a long time now and on paper it seems like a gamechanger but dont know when they will implement.
Its a wrap for lightning network IMO. There will be other things to help it.
 
Top Bottom
  AdBlock Detected

Sure, ad-blocking software does a great job at blocking ads, but it also blocks some useful and important features of our website. For the best possible site experience please take a moment to disable your AdBlocker or head over to our upgrade page to donate for an ad-free experience Upgrade now