Quote:
|
Originally Posted by Ab
Ethereum, on the other hand, is starting to make moves towards being useful. I don't think it will really begin delivering on its promise until it deals with the problems of
1. energy consumption
2. transaction speeds
3. transaction costs (gas fees)
One down.
|
4. Having a use case that people can understand and apply - without fear that they'll make a mistake and find their funds are gone and can't be reversed.
That's the advantage of using a credit card. You pay a small amount, so that you have protection. Crypto is zero protection, and you also pay a small amount for the privilege of dealing with someone you don't trust and can't identify or get compensation through the legal system.