LOL IOTA doesn't even work with a centralized coordinator and you are talking about removing it!! Thats classic denial... OMG. Keep it! Stay strong now!
Satoshi didn't go with Tangle because obviously its a dead end.
A word to all my maximalist friends, diversify now.
IOTA will ever be cheap because it was not intended as a store of value or for speculation. intended for M2M communication but not sure about if IOTA is necessary in favor of. Lightning has the same functionality and can be used for M2M communication.
That is one of the funny things related to the project. It is not meant to be a store of value or even P2P payment. That's why the price is actually symbolic and it could be one of the projects with a broad usage even without increasing multiple times in value. The price peaks are purely speculative right now since most of the people don't even use any crypto project in any different way than to increase their wealth.
Sad that so much BS is littering this thread. Functionally, IOTA is a far better store of value than BTC or ETH. Like Bitcoin, it has all the characteristics of money: fungibility, durability, portability, divisibility and a limited supply. The only difference is that unlike Bitcoin, IOTA can organically scale to meet the transactional requirements of IOT and our future economy without needing centralized off-chain solutions like Lightning (which IMHO undermine the entire point of cryptocurrency). It also scales in a way that is truly decentralized (once coordinator is removed, which will eventually happen) without decoupling consensus from transactions and creating conflicts of interest.
What do you mean IOTA is not meant for p2p payment? That's again more BS. IOTA is designed for M2M. In the not to distant future, personal payments will all be handled phone to phone or phone to another type of system... This is M2M.