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Thursday, 11 April 2019

At an average of $10 per tx BTC thruput is 7tps. At $100 it is 7tps. At $100000 it is 7tps. Arguing about whether fees are good or bad misses the point.

The question you should be asking is not if $10 fees are viable, it's what are the highest 7 transactions per second of money/value being done today(mostly in dollars). Is your vision of Bitcoin a takeover of that? Is that a system that needs it's own token? Is that Bitcoin?



Written by: braclayrab
Source: http://bit.ly/2ItiR4C

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