Originally Posted by
Feltima
Well, there's Metcalfe's law, and varying milage on the quality of the network itself.
Blockchain and DLT are immutable technologies. Meaning that short of using quantum computing, there's no way to copy/delete/edit blockchains or DLTs. By the time we do have scalable quantum tech, we'll have quantum DLT. When I send money "digitally" using swift, there are still tape drives and humans and shit behind that transaction. It doesn't complete for three days, even if your bank/spending account honors the transaction ahead of time. If I send you cryptocurrency, I'm actually sending you the money. The transaction completes on both ends in varying levels of efficiency depending on the coin. BTC is actually a terrible choice. It's expensive, and takes time. There's also the scalability requiring exponentially more energy the more people use it.
Cryptocurrencies that are DLT such as XRP, however, are designed to be scalable. I can send XRP to anywhere in the world in near real-time. No matter the amount, it will complete within seconds, and cost a fraction of a cent. The icing on the cake is that it's carbon neutral. XRP doesn't require a legion of ASICs mining the coin ad nauseam. There isn't some old lady using ancient tech from the 70s to approve the transactions. It's also deflationary, every transaction burns a small fraction of the supply. That's only the base use case. That doesn't get into DeFi, NFTS, DAPPS, etc and others beyond just currency itself.