Bitcoin Cash's 8 MBPS blocks offers has on-chain chain scaling sufficient to enable substantial growth. 64 MB blocks could handle as many txs/sec as PayPal. Off-chain, once solid tech that isn't a backdoor for CBs and WS (as LN appears to be), should easily compete with VISA.
On Jan 7, 2018 4:11 PM, <jam...@echeque.com> wrote: > On 1/8/2018 8:48 AM, Steven Schear wrote: > >> In the medium-sized to long-term I've written off all crypto that serve >> no useful function except, perhaps, as "digital gold" for asset safety. >> Comparing BTC to national monies, how many would use a currency whose fee >> "friction" made it impractical to use except as a replacement for Wire >> transfers? >> > > > The intolerable fees reflect scaling limits. If scaling not fixed, > bitcoin will die. If scaling fixed, bitcoin will likely replace national > currencies. >
