Bitcoin Is Weirdly Similar to an Oil Tanker – Expert Explains Why

2019-5-31 22:30

By CCN: Adamant Capital’s Tuur Demeester, an outspoken crypto analyst and proponent of Bitcoin, said on Twitter that using the flagship cryptocurrency’s blockchain will eventually be as expensive – and rare – as chartering an oil tanker.

Even the simple act of opening a Lightning Network channel will be cost-prohibitive and potentially slow once the network user base climbs into the billions. Bitcoin’s Blockchain Is Like an Oil Tanker – You Won’t Use Either of Them At full maturity, using the Bitcoin blockchain will be as rare and specialized as chartering an oil tanker. https://t. co/lu1ORzrTjF — Tuur Demeester (@TuurDemeester) May

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