Monday, 7 October 2019

Bitcoin will take 37 years minimum to onboard everyone

Bitcoin Core can currently only do about 200 million transactions per year. There are 7.5 billion people. Each person has to make at least one on-chain transaction to open a channel and use Lightning. That's 37.5 years using all of bitcoins on-chain capacity for just that.

People have been had.

submitted by /u/55rzx
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source https://www.reddit.com/r/btc/comments/ded3q8/bitcoin_will_take_37_years_minimum_to_onboard/

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