Exactly 14 years ago , Satoshi Nakamoto designed the most pathetic / inefficient system ever invented by humankind : the blockchain.
Today, it weights 60 000 tons, wastes constantly 10 gigawatts .. to process less than 7 transactions per second :
Less than a 33 bps modem from 1990.
This could be joke if it didn't have such gigantic environmental impact, wasn't enabling billion dolllars ransomware industry and was not crushing thousands of lives in the process.
@kentborg really? You've never had the problem of needing to give money to somebody when they weren't nearby so you could physically hand them the currency?
It's just ridiculous to say that bitcoin solves a problem that mostly no one has.
I would think that for most people the problem that bitcoin solves is one that they face nearly every day.
You can have animus against Bitcoin, grind whatever ax you want, but it's silly to say the problem it solves is one that no one has when it is so common.
@volkris
Most people that own bitcoin also have a bank account which allows to do instant transfers for almost free.