• I Cast Fist@programming.dev
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    8 months ago

    Crypto would be great if the idea wasn’t “zero-trust money exchange”. That is the root of the problems with high payment fees, super slow transaction throughput and excessive resource (storage space, energy) consumption

    • FaceDeer@fedia.io
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      8 months ago

      But that feature is the whole point. The alternative is Paypal et al, which this very article points out the problem with.

      Also, those problems are being addressed by the more modern cryptocurrencies. Bitcoin has fallen far behind the technical curve, I wouldn’t bother with it frankly.

      • I Cast Fist@programming.dev
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        8 months ago

        Which crypto is the easiest to actually use (send/receive), can handle 1k transactions per second (a bit under 5% of VISA’s TPS) and is least likely to suffer wild price fluctuation? Honest question