Friday, May 12, 2017

But extension blocks and bitpay to solve the bitcoin scaling issue?

So my last post spoke about the 165k bitcoin backlog and how there is a serious issue in scaling transactions. But bitpay and extension blocks could be a possible solution. 

Will it solve the transactional scaling weakness ? And will it ever be approved and integrated ?  And how will that change things ? 

bitcoin has a serious problem

If they don't figure a way to scale transactions, bitcoin will just be like many wall Street and finance funds. And thats a lot of hype and BS and millions for a few.
Imagine if bitcoin became as popular as a Visa credit card  or say a Bank of America debit card?    It can't handle minimal real world purchasing transactions now. This backlog is a serious serious issue. 

Thursday, May 11, 2017

China may ditch paper money

Blockchain, Bitcoin, paper money.   What say you China ?  They are on the road to eliminating paper money altogether ?  Sounds fierce.  Sounds like a good plan. Sounds meaningful. Sounds righteous. Sounds interesting.  But will China do it ? And when ?

Berry cool container electricity

This Container ship is powered by electricity only.  This is a step in the right direction if it works as planned.  Go future alternative energy shipping.  

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