By using this site, you agree to our Privacy Policy and our Terms of Use. Close
OhNoYouDont on 19 January 2018
Edit Thread
vivster said:
OhNoYouDont said:

Bitcoin has a scaling problem. Other coins don't. See: XRP, XLM, RaiBlocks, etc. They can do ~100,000+ transactions per second which is more than credit card companies. And they can do it in some cases for free.

But will those even grow enough if investors are turned off by bitcoin's eventual collapse? And will there be enough currency to go around for the general public? And will countries even allow an international currency that's not bound to gold or any fixed commodity and that's also not regulated by any official governing body?

Don't know why you think bitcoin will collapse. It has its own resolution to its scaling problem with lightning network.

Hopefully FairX can uncouple these altcoins from bitcoin so each can rise and fall independently but time will tell. If you're not aware, FairX is an exchange that has not yet come to market but the plan is to be able to exchange fiat directly for any altcoin and vise versa without the need to go fiat -> bitcoin (or ethereum) -> altcoin.

Good luck to any government trying to stop this.