Ibian
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May 18, 2017, 05:36:36 PM

Isn't the whole point of blockchain technology that ledger, payment method and clearing method are one and the same?
By using Bitcoin to transact via the decentralised trustless network we eliminate the need for central clearers (visa, MasterCard,Amex etc) and the need for third party bag holders - be they banks or third party wallet holders (coinbase, blockchain, whoever). Enabling peer to peer value transfer, increasing transactional capacity increases bitcoins utility and increasing utility and two way transactional flow will over time increase its value and stability far more than maintaining an artificial transactional cap.
Exactly. And there was no question about this even two years ago. The people arguing against it are deliberately trying to keep bitcoin back for whatever reasons.