2minutebitcoin on Nostr: The word blockchain is thrown around with the idea of solving major problems, but ...

The word blockchain is thrown around with the idea of solving major problems, but there isn't much apparent use outside of currency. There are no applications of blockchains that do not involve a double-spending problem.

This is why Bitcoin is the only cryptocurrency destined for success.

Bitcoin offers a 1000x improvement over fiat currencies, but no other cryptocurrencies offer a 1000x improvement over Bitcoin.

- an excerpt from the 2-minute version of It's Not About The Technology, It's About The Money (2017) https://2minutebitcoin.org/blog/bitcoin-is-about-the-money-not-the-blockchain-technology