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Hate Bitcoin? This might change your mind

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Re: Hate Bitcoin? This might change your mind

#11
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Yes I want cheap money transfer internationally and yes, I want a system capable to undermine authoritarian censorship. But I think that blockchain is extremely crude and unreliable technology to implement them. It is immutable, number of nodes (i.e. backups) is unpredictable, its hardware footprint is insane and will only increase in the future and bitcoin is going to be essentially centralized, with decisions conce…

People are looking to solve some of those issues with other currencies. Not sure if any of the current iterations are good enough, but one example is Nano https://nano.org/en/faq

For anyone who doesn't follow altcoins, Nano is a rebranding of Raiblocks to attempt to reset the pump phase now that everything tanked 40%.

Re: Hate Bitcoin? This might change your mind

#12
Just to feel SWIFT in some Europian countries: for $17 fee is about $72, and sometime it took about 2 weeks for confirmation maybe because of weekend days... plus all those warnings about the purpose etc... absolutely not user friendly input fields... BTC is simply manna of heaven comparing with that
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