Reply to post: Re: a solution looking for a problem?

Bitcoin doomed as a payment system and its novelty will fade, says Federal Reserve Board of Governors member

doublelayer Silver badge

Re: a solution looking for a problem?

Easy enough. Given the transaction rate of Bitcoin, just adding the millions of identities you think should exist will take forever unless you trust someone else to batch them. There's a problem with Bitcoin which makes your desired outcome less likely. Blockchains have their place, but the speed is one problem that's not getting solved on Bitcoin's.

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