Recessions aren't due to how people feel. It's the freezing and culling of debt.
"The US could even pay back that debt with money they themselves issued if needed." Hyperinflation is effectively defaulting. No one will give credit to those who pay with Monopoly money.
The channels are too small to be viable. There is too much at risk if you can't settle your money. Only the blockchain is settlement, which is why Bitcoin Cash made throughput a priority worth forking over.
Three week wait, or pay $30 to settle. That was December 2017. The channels will freeze and a lot of people will wish they had money that works when they need it. Like Cash.
Recessions aren't due to how people feel. It's the freezing and culling of debt.
"The US could even pay back that debt with money they themselves issued if needed." Hyperinflation is effectively defaulting. No one will give credit to those who pay with Monopoly money.
The channels are too small to be viable. There is too much at risk if you can't settle your money. Only the blockchain is settlement, which is why Bitcoin Cash made throughput a priority worth forking over.
Three week wait, or pay $30 to settle. That was December 2017. The channels will freeze and a lot of people will wish they had money that works when they need it. Like Cash.