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    1. (Crypto rant) McDonald's serves 62 million customers every day

      That is 718 sales every second. The Bitcoin network can process less than 5 transactions per second, while consuming almost as much energy as the entire nation of Argentina. It would take miners...

      That is 718 sales every second.

      The Bitcoin network can process less than 5 transactions per second, while consuming almost as much energy as the entire nation of Argentina. It would take miners on the blockchain 144 days to process just 24 hours worth of sales from McDonald's.

      The math only gets marginally better for Ethereum.

      I feel very uncertain about how people can think that this is a viable replacement for conventional currencies and digital payment systems.

      41 votes