Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Amen. Bitcoin barely manages to continue to function, while currently handling 0.0000001% of the worlds money transfers. The idea that we could base any substantial part of our financial system on a globally serialized transaction ledger is a laughable joke.

As a technical experiment, I love bitcoin, and I have thoroughly enjoyed wasting some of my own time on it. But it's not mainstream, and it never will be.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: