mattxie

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User for 2 years | Last online 2 years ago (show activity)

@mattxie · 2 years ago

There is no way how to evaluate the value of bitcoin, unlike evaluating company stocks.

The technology underlying a cryptocurrency is extremely important. Decentralized currencies are resistant to censorship, but they are also nearly impossible to simply shut down. There is no need for...

3 likes · 0 comments · Filipino Readers (42bb)

@mattxie · 2 years ago

Bitcoin isn’t scalable.

This is the one myth that, sort of, holds water. Bitcoin, in its current state, is not truly scalable. Bitcoin can only process 7 transactions per second at best. When compared to VISA's tens of thous...

1 likes · 0 comments

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