palou said:
Etherum already had several issues handling transactions stemming from mobile gaming.
If the transportation can be ignored, all advantages of a crypto currency can be equivalently found in any physical object. Buying your kfc with bitcoins is in no way superior to buying it with gold, if that happens to be practical, for example.
And the decentralization certainly has strong disadvantages. Despite how rare the actual use of crypto currencies currently is, more energy is wasted into their maintenance than would be needed to power all of Ireland. You may dislike banks, but they HAVE succeeded in allowing much, much, much greater volumes of transactions, and much lower fees and much higher speed than ANY current cryptocurrency would be able to. And there ARE benefits to a more direct control over a currency's price. The economy wouldn't be able to function under the current volatility that Bitcoin/etc... are seeing. |
True, bit I see these as the first steps. The first necessary steps, the ones that every major advancement has to take. Just by studying who will support Bitcoin, I think it's here to stay. I've underestimated Bitcoin, once I'm not one to underestimate something twice but we'll see where it goes.
