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/biz/ - Business & Finance


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56903661 No.56903661 [Reply] [Original]

The future of money

>> No.56903676

Tech illiterate

>> No.56903690

You're supposed to use Bitcoin to transfer very large amounts of money between cold storage and exchanges, tiny transactions fit perfectly in the lightning network (and yes the lightning network works perfectly)

>> No.56903692

>>56903661
>Nobody goes there, it's too crowded

>> No.56903739
File: 25 KB, 702x547, Bitcoin vs Visaa.png [View same] [iqdb] [saucenao] [google]
56903739

>>56903690
>You're supposed to use Bitcoin to transfer very large amounts of money between cold storage and exchanges

>> No.56903751

>>56903690
opening a lightning channel counts as an on-chain transaction

>> No.56904171

>>56903739
>If you are interested, I can go over the ways it would cope with extreme size.
So what did he tell you? Explain it to us.