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RE: Most People in Crypto Don't Really Care About a Financial Revolution

in #bitcoin8 years ago

An initial failure to scale isn't a failure.

The internet could barely scale when we wanted to send anything beyond text , and then it did.
The internet could barely scale when we wanted to send anything beyond pictures, and then it did.
Video, Streaming, 4k video... etc.

I see your point that the current use is not what was intended, but isn't that the case with most revolutionary technologies? When DARPA.net was created, do you think the inventors would have imagined the success of Youtube, Netflix, AWS, and the like?

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I see your point.

But the internet in the beginning and the bitcoin blockchain are different things. I'm not as optimistic about the ability to really tinker with the BTC blockchain in any way that could produce the scaling needed for it to succeed. It's the nature of the blockchain that's the problem.

And there's really no need for BTC to change in order for a financial revolution to happen, since a superior alternative already exists.

You are so right. This is not ready.