RE: Can Bitcoin Scale on Today's Computers? Do We Need 2nd Layer Solutions to Compete with VISA?

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Can Bitcoin Scale on Today's Computers? Do We Need 2nd Layer Solutions to Compete with VISA?

in cryptocurrency •  6 years ago 

Yes, that's the video. It makes my point (for anyone who has the most basic knowledge of Keynes' theories). I thought this was obvious.

If it wasn't: Mr. Song is conflating currency debasement as a means to spur spending (Keynes) with currency being useful in commerce.

Roger has (to my knowledge) never supported "forcing" people to spend. He just wants people to have that option.

A crypto with only SOV and no MOE is not going to work. People will just move their funds to cryptos that have both qualities.

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