No mention of how Lightning Network wallets are now on mainnet? No mention of how Coinbase should already be using an LN wallet system if they were even a halfway decent company? No mention of how Coinbase and others like Bitpay who pushed for Segwit 2X arent even using Segwit nor batching transactions to this day? No mention of how all blockchains suffer from problems when they become popular? Otherwise they become centralized with large node requirements. Terrible post, sorry, but you are not loking deeply enough into these issues to be spouting off and saying Bitcoin is dead. Bitcoin has barely just begun, but most people are far too short sighted to see it.
RE: Mission Accomplished -- Bitcoin Dead as a Payment Method
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Mission Accomplished -- Bitcoin Dead as a Payment Method
I know about all of those things. And lightning network isn't going to solve anything except be another level of control over blockchain by ensuring that external pools of liquidity are controlled by the deepest pockets.
Moreover, not all blockchains suffer from Bitcoin's staggering issues at the moment. Many can and will scale far better if they want to. dPOS doesn't not scale. PoW doesn't have to NOT SCALE.
But, that said, I fully expect there will be a minimum of 20 coins to carry out the world's financial transactions, if not more... if we even get there. The question is what Wall st. is trying to do to retain control over where and how capital flows.
So, terrible comment because you didn't even bother to mention that or what any of that means. Bitcoin isn't dead, but it is dying as a medium of exchange which it was becoming.
Nice upvoting yourself to be at the top of the comment chain. Do you always do that?
In 8 months of being on Steemit yours is the first comment I've wanted to downvote because you paid yourself nearly $10 to be a jackass.
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