I mean this is exactly what the established banking system has spewed out in propaganda all of which have been thoroughly debunked. Only difference is Bitcoin is not a company and does not have a propaganda department to counteract. It relies on people educating and thinking for themselves.
This isn’t propaganda and none of this has been debunked. Bitcoin can only handle a theoretical maximum of 7 transactions per second (in practice it’s closer to between 3 and 5) and I’m not aware of any cryptocurrency that can handle more than 60 transactions per second. Regular financial transaction networks meanwhile handle thousands of transactions per second while consuming far less power (both in terms of electricity and computing power).
I mean this is exactly what the established banking system has spewed out in propaganda all of which have been thoroughly debunked. Only difference is Bitcoin is not a company and does not have a propaganda department to counteract. It relies on people educating and thinking for themselves.
This isn’t propaganda and none of this has been debunked. Bitcoin can only handle a theoretical maximum of 7 transactions per second (in practice it’s closer to between 3 and 5) and I’m not aware of any cryptocurrency that can handle more than 60 transactions per second. Regular financial transaction networks meanwhile handle thousands of transactions per second while consuming far less power (both in terms of electricity and computing power).
So you have not heard of the lightening network?
In practice, How many transactions are done on the lightning network before returning to the main network?