pull down to refresh
Ah sorry, I was asking to @DiracDelta as I didn't get his answer.
I guess your point was transactions on Bitcoin won't scale to all people on Earth, which made sense to me. And he seems to refute somewhat that. So I was wondering what he meant in more details.
reply
Sure, I wrote a bit about it.
https://heaviside.substack.com/p/the-forgotten-fourth-function-of
You can also look into Financially (USD) Settled Forward Contracts.
"Using" bitcoin as MOE for regulated long term contracts with a dollar unit of account is a total LARP.
reply
"measure of value" requires agreeing on a unit, hence "unit of account"
"Scalability" just means to make something bigger, so the question is "scaling what?"