Visa can do 24,000 tps. Bitcoin w/ Segwit does 6-7 tps at peak w/ high fees.
I know in business if you don't scale you die. In money it's even more important scaling at high performance.
We have several decentralized blockchains that can scale to 10,000+ tps.
Do you think Bitcoin will grow in dominance or shrink do to the growing number of Blockchain 3.0 competitors?
I think cryptos and bitcoin is the best way to move large sums of money when picking up and leaving a country. As fiat gets inflated around the world, people will be happy to dump their money into bitcoin and pull it out on the other side of whatever country they end up in. Right now good luck moving a 100k from one side of the world to the other without some alphabet agency up your ass.
And Happy New Year to you and yours. Also thanks for supporting my blog along the way. From Pai Thailand- Dan "World Travel Pro!"
I think it will slowly fade away. To expensive and to slow. Bad combination
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