FREEDOM FORUM: Discussion

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Comment by PureTrust
Entered on:

Bitcoin as it is won't work. The numbers of transactions necessary to make it commonplace among the people, will never fit the small number of transactions allowed in a block. If Block sizes are increased, the Internet couldn't correlate and handle all the transactions that would be made. Banks can, because their ledgers aren't on the Internet like the blockchain ledger is. The size of the blockchain would rapidly become so extremely bloated, that nobody could run a full node without having thousands of gigabytes of drive space. Bitcoin would become centralized in the few places that held this high amount of memory. Presently, there is little being done publicly to change these inherent problems with Bitcoin.


Comment by Ed Martin
Entered on:

Those who comment on things they don't own look foolish.

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