Bitcoin will never be used for trading. Why?
- Extremely slow transactions
- High fees
- Inability to solve these issues due to lack of consensus, poor governance, and a generally toxic relationship between investors and the technology
Now I could be wrong, and I would gladly accept that I am wrong if someone could give me clear, coherent, and rational reason for utilizing bitcoin as a actual cryptocurrency and not a cryptocommodity.
Disclaimer: I have nothing against Bitcoin. I just don't think it's future is bright anymore as way better technology is coming into fruition.
Bitcoin is now being converted into the base currency of other cryptocurrencies on major trading platforms.
Bitcoin transfers are expensive and slow, and more people will choose ETH. More often BTC is considered an investment product.
Bitcoin is the king of all cryptocurrencies, and if bitcoin has no future, then the whole encryption will be dark.