Re: Bitcoin confusion?

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#620240

From: Dave Garland
Date: Mon, 05 Feb 2018 16:30

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On 2/5/2018 6:15 AM, Gareth's Downstairs Computer wrote:
> The bubble will burst soon, so only just a
> little premature for folklore ...
> 
> If a bitcoin is worth $9000, how useful is it
> to buy something at only $500?
> 
> Are there also Bitcents or Bitfarthings?
> 
Bitcoins subdivide to 8 decimal places. So are nanobitcoins, if not 
bitcents.

But it is not scaling well. One result is that to get a transaction 
completed in a reasonable time (minutes rather than multiple days) 
will cost you hefty fees.

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From: Dave Garland <dave.g...@wizinfo.com>
Newsgroups: alt.folklore.computers
Subject: Re: Bitcoin confusion?
Date: Mon, 5 Feb 2018 10:30:25 -0600
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