Tuesday, July 4, 2017

Bitcoin miners have confused the market

Out of the scaling debate, the outside observers were left with the wrong impression.

Bitcoin scales nicely, block chain does not, and that is not a problem. Ledger services were not meant to scale, they are a priced service and will be scarce.  The USD uses a complex regulatory framework for ledger services, and it scales horribly.  Block chain is way better than government regulations.

Everyone should rest assured that bitcoins will scale and be passed around just fine, the same way dollars do; with S&L tech.

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