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Is Bitcoin Too Slow?

Join the private Bitcoin forum: https://www.bitcoinuniversity.com/bit... In this video, I discuss whether Bitcoin is too slow to be global money. I conclude that it is not too slow. Bitcoin's throughput is approximately the same as FedWire, which currently functions as the global settlement layer for the US dollar. People who tell you that Bitcoin is too slow almost always have an altcoin that they want to sell you instead. Want a faster base layer solution than Bitcoin? You'll have to give up on decentralization and neutrality and settle for a more centralized solution, which brings with it the possibility of censorship and capture. The Bitcoin blockchain is becoming the new global money settlement layer, equivalent to FedWire today-- or moving physical gold around using boats and trains and planes under the gold standard. Money always scales in layers, just as Bitcoin is scaling from on-chain to higher layers like the Lightning Network and fedimints. Not investment advice! Consult a financial advisor. BSV market cap: https://coinmarketcap.com/currencies/... BTC market cap: https://coinmarketcap.com/currencies/... BSV tps chart: https://whatsonchain.com/block-stat/t... BTC tps chart: https://bitcoinvisuals.com/chain-tx-s... BSV blockchain size: https://whatsonchain.com/block-stat/t... BTC blockchain size: https://bitcoin.clarkmoody.com/dashbo... FedWire annual stats: https://www.frbservices.org/resources... US dollar is a melting ice cube: https://www.visualcapitalist.com/wp-c... I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #crypto Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.