Post
Topic
Board Bitcoin Discussion
Re: Request to all Bitcoin holders
by
deeofficialx
on 22/03/2018, 23:21:01 UTC
Either we come up with real innovative ideas to speed up transaction rate by 10 times, increase Bitcoin usage in real world, add more use cases for Bitcoin usages and Bitcoin becomes like Apple/Amazon or it goes down and down and become another Yahoo.

We need to innovate together to take BitCoin to 100-500k USD level.

No more innovations means BitCoin will die. Anything which does not evolve can not survive for long.
I had predicted this would happen, surely someday there will be a new innovation that will drown Bitcoin, the world will continue to grow as well as digital currencies

Reaching that far is great dream, yet, Bitcoin doesn't stop evolving so it might - but not as soon as now. Some core developers still processing of having a lightning network (I don't how fast is that), that will make Bitcoin more valuable.

Bitcoin doesn't need to become a currency, it is fine right now as an investment method. There are plenty of coins out there which are fast and have low transaction fees. You can use those coins for payment and hold on the bitcoin as a valuable commodity.

We don't use gold to make everyday payments, yet it is still the most valuable metal there is.

You are right. That is why real estate business is one of the greatest investment of all time - except gold, the value is increasing as time goes by, but like what you said, we don't use real estate as payment solution.