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January 23, 2018 06:54 am PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/m9nztLewOJw/volatility-vs-usability.html
Bitcoin's high valuation has ruined it as a medium of exchange
Technological limitations in the design of the Bitcoin system means that the network only processes about seven transactions per second, unless you pay someone with a lot of compute-power to log your transaction, currently at the rate of about $20/transaction. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/m9nztLewOJw/volatility-vs-usability.html
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