To think of the value of a global, jurisdiction-less, “money-for-enemies” network as nothing more than the result of how many transactions it can do on the base layer, is to miss the point entirely. The difference between the payments systems and settlement systems of the world, their degree of assurances, and the desirable characteristics of their operation are often diametrically opposed. Listen to another of Nic Carter‘s excellent pieces to learn all about how “Transaction Count is an Inferior Measure.“
Check out the original post (great charts illustrating his argument) on Nic’s Medium page, plus the tons of other great written content he publishes regularly:
https://medium.com/@nic__carter/transaction-count-is-an-inferior-measure-fba2d5ac97f1
Another great tool to show the relative “speed” of competing networks:
https://howmanyconfs.com/
Other great work in audio from Nic Carter:
• A Most Peaceful Revolution
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_293—A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm
• A Most Peaceful Revolution (Guy’s Follow Up)
https://anchor.fm/thecryptoconomy/episodes/GuysTake_23—Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9
• Unpacking Bitcoin’s Assurances
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_281—Unpacking-Bitcoins-Assurances-Nic-Carter-e4sn3r
• How to Scale Bitcoin Without Changing a Thing [parts 1 & 2]
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_238—How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-1—Nic-Carter-e3qgfg
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_239—How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-2—Nic-Carter-e3qsvi
• Bitcoin’s Existential Crisis
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_181—Bitcoins-Existential-Crisis-Nic-Carter-e2ndok
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