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Re: nosfelle post# 2594

Sunday, 08/22/2021 8:10:56 AM

Sunday, August 22, 2021 8:10:56 AM

Post# of 3822
Imo there's no comparison. Those are blockchain platforms and visa is a digital currency payment system. Visa zoom let's you spend crypto like cash with altcoin returns.. Btc, eth, ada are networks designed to host defi apps.Eth, Ada using more advanced smart contracts, etc. At this point, rn transaction speeds of that amount doesn't give visa a superior edge. I think the market also agrees as a single bitcoin costs almost $50k and visa trades for $230. Btc teranode will only handle about 50,000 tps. Going forward it will definitely be an issue as crypto adoption hits every home. That's why btc will be left behind on its outdated pow ways. Just digital gold. Quickly becoming a security blanket for the market. Gold is pretty and so is the idea of owning a btc. Etheruem is the world's Number 1 decentralized trading platform. Eth 2.0 was all about scalability, addressing tps. That hasn't maxed out either. 2.0 makes it easier to scale moving forward. If tps becomes an issue they will scale again and it won't take years. Its not an immediate issue with 2.0 implementation, even with the network growing. Were still a ways away from citizens spending crypto on the daily...How many on this board are spending their eth or btc anywhere if you can. If you're not spending it then why are you holding it? Cardano again is a blockchain platform for defi apps, using smart contracts to complete transactions with its own altcoin. Designed by eth co-founder Charles Hoskinson. Its a bet on blockchain, not just the coins replacing usd. Gavin Woods DOT is also designed to handle a million tps. In theory parachains will allow it millions. Buy visa for visa. Not crypto tps.
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