{"id":7986,"date":"2022-09-26T18:18:52","date_gmt":"2022-09-26T18:18:52","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=7986"},"modified":"2022-09-26T18:18:52","modified_gmt":"2022-09-26T18:18:52","slug":"the-trilemma-and-the-future","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/09\/26\/the-trilemma-and-the-future\/","title":{"rendered":"The Trilemma and the future"},"content":{"rendered":"\n<p>Knowing that Bitcoin has limitations may feel a bit like realising your favourite Super Hero has a weakness, but this was always part of the design. On-chain bitcoin transactions are best suited for high value, infrequent payments; in other words, the Store of Value use case.<\/p>\n\n\n\n<p>From previous lessons we know that money must also function as a Medium of Exchange, and that is where solutions to the trilemma come in.<\/p>\n\n\n\n<p>With this context now in mind we can delve further into each of the potential solutions &#8211; Forks, Lightning Network and Ethereum &#8211; and how this relates to the wider cryptocurrency ecosystem with the huge range of coins and services that are emerging.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Knowing that Bitcoin has limitations may feel a bit like realising your favourite Super Hero has a weakness, but this was always part of the design. On-chain bitcoin transactions are best suited for high value, infrequent payments; in other words, the Store of Value use case. From previous lessons we know that money must also [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[468],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/7986"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=7986"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/7986\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=7986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=7986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=7986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}