Market Cap
24h Vol
20308
Cryptocurrencies
59.98%
Bitcoin Share

Bitcoin At Scale Is Not Blockchain

Bitcoin At Scale Is Not Blockchain


Seeking Alpha
2021-09-20 13:31:00

Participants at the recent "The ₿ Word" conference confirmed any scaling of Bitcoin is at the cost of a reduction in security and decentralization.The Track 1 participants demystified Bitcoin to the extent they showed Bitcoin is not suitable for widespread use as a currency.Participants also provided material to demonstrate Bitcoin is wide open to market manipulation.Yes, they actually said those things I use in support of my view - Bitcoin at scale is not blockchain and cannot claim the attributes of blockchain.


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