Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)

Quote from: brg444 on September 19, 2015, 07:37:50 PM

Quote from: VeritasSapere on September 19, 2015, 07:18:13 PM

You think that Bitcoin transactions are irrelevant to the adoption of Bitcoin? It can be both a store of wealth and a currency, the two are not mutually exclusive actually they are synergistic. Increasing the utility of Bitcoin does increase its value and thereby does make it a better store of wealth. I have heard this said often now but it is a false dichotomy, Bitcoin can be many things to many different people.

I don't "think" it is, I'm certain given the facts observed.

80% of the existing coins are sitting in cold storage and haven't moved for years.

Bitcoin users willing to use its rather cumbersome payment system are a minority. Sure it works great for niche use cases but it quite honestly cannot compete with other alternatives for traditional mainstream retail usage.

I disagree, the ability to transact using Bitcoin directly is even personally important to me, you can use a mainstream retail payment solution if you want, I prefer Bitcoin.