Blockchain tradeoff

Blockchain is inefficient.

But the money is efficient.

When you use blockchain to create money, it gets conflict.

Money is stable, and blockchain is not.

Blockchain will have a traffic jam to make the network slower but to trade off of making transactions accurate.

The money transaction is faster as long as there is no error.

Using blockchain to mimic money transactions is a rather different aspect of the future of finance.

If finance is a way to make a country prosper through managing money, blockchain is a part of finance.

When managing, there will have a cost.

Blockchain makes such cost significant because it makes the transaction as accurate as possible.

If you choose to have an accurate transaction, blockchain is the way.

But if you choose to have a stable money transaction, then fiat is the way.

Photo by Shubham Dhage on Unsplash