All posts made by MoonIsBlue in Bitcointalk.org's Wall Observer thread



1. Post 32839695 (copy this link) (by MoonIsBlue) (scraped on 2020-04-04_Sat_15.49h):

Quote from: Jacques_Bittard on March 21, 2018, 03:09:32 PM
Speaking of yourself?

I'm not shilling nonsense about coming of global currency.

Quote
"It's slow and it's costly, but as more and more people have it, those things go away. There are newer technologies that build off of blockchain and make it more approachable," Dorsey said in the report.

Bitcoin is able to do 14 transfers per second and it's mining costs over 1000$ per user a year. How the heck is more people having it going to fix this?!
At the end even he confesses that there are newer and better cryptos then bitcoin, somehow forgetting that he was shilling on bitcoin becoming the global currency. This guy doesn't know the heck he is talking about and is possibly having some kind of a mental breakdown.

Bitcoin might not be the most technologically advanced blockchain but it has proven itself as opposed to all the other blockchains and crypto's. Its still in development aswell and a little patience is needed. I'm pretty sure BTC will scale in the future and will make most altcoins redundant. The internet didn't scale aswell early 2000 there we're many businesses giving up on it but it just needs time. The fact that we are talking about scaling is a milestone of itself. I'm pretty sure that we will also gradually move to renewable energy and green energy making the electricity consumption debate of BTC less relevant. I should probably also point out that the the electricity consumption debate on BTC is being magnified by the media. The data centers of the olympics consume way more than Bitcoin does, but ofcourse we don't pay any attention to that. If you hear the media talking about electricity consumption try for yourself to atleast get a frame of reference on what such consumption means. They're just comparing it to countries but what about certain data centers and payment solutions? How does it compare to those? How does it compare to an industrial complex? Those are the things you don't hear. Everyone is just salty for not buying BTC for pennies (  Grin )

P.s. Just kidding