Quote from: Pursuer on August 03, 2018, 06:58:51 AM

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New cryptocurrencies entering the market are offering lower entry barrier but only lack the popularity or dominance BTC has. I'm a superfan of bitcoin protocol but I still don't get why we can't have a tradeoff.

there is no "entry barrier" for bitcoin so that others have lower than that. it doesn't get any lower!

altcoins don't just lack popularity, they lack utility, security, decentralization,... and have many added issues.

Yeah, anyone can get into Bitcoin for as low as a few dollars. The barrier doesn't really exist in terms of investment. And if the person doesn't know how to set up a wallet, they can keep their money on an exchange (which, if only a small amount, shouldn't be a big deal)

Quote from: Pursuer on August 03, 2018, 06:58:51 AM

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BTC adoption (for mainstream merchants and highly sophisticated transactions) as against scalability. It's not like everyone in the world owns gold, so why should BTC become a 'world-currency' either? The few people who can have it should cherish it and only use it for more exclusive financial functions.

bitcoin will never become "world currency" but also at the same time it won't be "a few people" who own bitcoin!

I feel like you are only thinking in black and while. as it something is either 100% or 0%. which is wrong. the world is grey all the way. you have to come to the middle.

Bitcoin is a very dynamic instrument and that's what makes it so complex and hard to work with for some people. It is certainly more than a few people that use it, but it's not ever going to be a "world-currency" either. The very nature of it makes it appear more complicated than it really is, and it can also lead to frustration for the early adopters as they cannot understand why others are not flocking to it.