Bitcoin's low no of transactions/second - Deepstash

Bitcoin's low no of transactions/second

Bitcoin's low number of transactions may make it less suitable for daily transaction. It does not matter. “Bitcoin as store of value” Is what matters.

Like gold coins, Bitcoin is simply too valuable to be used in daily transactions. There is no reason that we will ever need to use Bitcoin to buy a cup of coffee. That transaction size is handled fine by Visa or in the future, central bank digital currencies (“FedCoin”) may provide the main payment rails for the financial system.

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vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

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