It's never promised cheap and fast. Something properly decentralised, though it may not really be that at present, can never hold a candle to a conventional centralised service. Others do promise cheap and fast but let's see them at full capacity for years before deciding whether that claim is true.
ETH failed in its current form at that when enough users arrived too. But it wasn't claiming that either.
Topic: Bitcoin is the most expensive vaporware in the history of software industry - page 2. (Read 184 times)
December 22, 2017, 12:38:19 PM
December 22, 2017, 12:35:10 PM
Bitcoin code can be changed. Fees can be changed in the code as far as I know (probably a soft fork).
The problem is that there are too many people entering bitcoin at once causing the current infrastructure to be overrun.
They will adapt and then we can go higher with Bitcoin.
The problem is that there are too many people entering bitcoin at once causing the current infrastructure to be overrun.
They will adapt and then we can go higher with Bitcoin.
December 22, 2017, 12:28:19 PM
Bitcoin just doesn't deliver what he promises, cheap and fast money transactions. Transactions via BTC network are not cheap at all ($55 per transaction and raising), they are the most expensive transactions around, plus you can't even make a transaction because network is clogged, 282 000 unconfirmed transactions, we only have a promise of Lightning Network as a solution for this problem, solution that is not fully implemented, solution that is not Bitcoin, promise is not a solution, promise in software industry is called vaporware. In my honest opinion, after 5+ years of using BTC, currently it's worth $0 (ZERO).
Jump to: