Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is 'useless as a payment mechanism and ridiculous as a store of value
by
hugeblack
on 18/08/2018, 12:23:01 UTC
Bitcoin is 'useless as a payment mechanism and ridiculous as a store of value,' ex-PayPal CEO says
Away from emotions, his words contain a kind of honesty.
Bitcoin in its current form is not appropriate:
 
 - As a payment mechanism for daily transactions "or to everyone."
 - Make quick purchases.
 - As a Payments to large merchants.

On the other hand, a store of value, high fluctuation in value makes it unsuitable to be a store of value.
Perhaps after the activation of solutions such as lightning network, and control/regulation on the exchange platforms resolved all these restrictions.