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:

Another great tool to show the relative “speed” of competing networks:

Other great work in audio from Nic Carter:
• A Most Peaceful Revolution—A-Most-Peaceful-Revolution-Nic-Carter-e5bfpm
• A Most Peaceful Revolution (Guy’s Follow Up)—Revolution-in-the-Protocol-on-Nic-Carters-Peaceful-Revolution-e5cap9
• Unpacking Bitcoin’s Assurances—Unpacking-Bitcoins-Assurances-Nic-Carter-e4sn3r
• How to Scale Bitcoin Without Changing a Thing [parts 1 & 2]—How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-1—Nic-Carter-e3qgfg—How-to-Scale-Bitcoin-Without-Changing-a-Thing-Part-2—Nic-Carter-e3qsvi
• Bitcoin’s Existential Crisis—Bitcoins-Existential-Crisis-Nic-Carter-e2ndok

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