Quote from: johnny_day on March 10, 2017, 05:44:46 PM

Correct me if I'm wrong, and move me if this is the wrong board, but in my opinion we should not focus on how to make Bitcoin do everything. Right now Bitcoin works well as a store of value, digital gold if you will. A $1 transaction fee means nothing to a $1,000,000 transaction. It does however severely cripple smaller payments, something that a cryptocurrency could be very good at.

Now it is my understanding that the point of SegWit/BU is to allow Bitcoin to be used for smaller payments by bringing that transaction fee down. Instead of making Bitcoin the jack of all trades, why not have multiple cryptocurrencies that each excel in their own areas? Leave Bitcoin exactly as is, and invest money and time into establishing a micropayment currency, a smart contract currency, etc...

Just some food for though.
Johnny

tl;dr
Why try and make Bitcoin do everything instead of having an ecosystem of specialized currencies?

I personally agree with this, but the problem has to do with human nature, if you have a good product you want as much people using it and for that you need to attract more people, if bitcoin becomes a store of value then the average person is not going to use bitcoin and instead opt for a different altcoin which would mean bitcoin will not reach as high of a price.