this post was submitted on 05 Aug 2023
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DMT Dank Microwave Taco

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I feel like we really don't need banks.

Is Bitcoin really going to explode?

Problems I had with Bitcoin was, to expensive to send (lightening solved this) and maybe large node size.

But because it's so fucking cheap now to send a dollar I feel like bit coin really can replace a bank.

Should we all be buying Bitcoin?

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[–] squashkin@exploding-heads.com 1 points 2 years ago (1 children)

from what I remember the Bitcoin core folks wouldn't increase the block size which led to slow expensice transactions on chain. Bitcoin cash forked to have cheap fast transactions on chain. Bitcoin core then created the off chain "lightning network" to solve their broken on-chain problem. so it didn't really seem to add much to the equation. some of us basically view bitcoin::bitcoin-cash as reddit::lemmy I guess as an analogy. or maybe something like monero is better instead

monero seems to be a all around better coin. But most places don't sell it.