Bitcoin Explained in 30 seconds ⏱rachitparikh8 (25)in #bitcoin • 8 years ago [Infographic] #blockchain #fintech #cryptocurrency #banking
Easy peasy!
This may have been true in 2014...but not today. It's not digital cash. It's digital GOLD.
Upwards of $3 transaction fees on average don't make for a great currency...and they're certainly not "extremely low".
That's why I think either ethereum's sharding or iota is the future.