Post
Topic
Board Bitcoin Discussion
Re: What will happen with Bitcoin if it never scales?
by
Abiky
on 07/12/2018, 03:35:29 UTC
it has not been scaled as currency, there is no crypto currency that tends to scale for mass adoption.It's hard for merchants to have confidence in receiving bitcoin if they do not have confidence that the income they produce will have the same value..

You do have a point there, mate. There would be no point in scaling Bitcoin for mass adoption, if its value is relatively unstable. Considering how hard Bitcoin has been hit with this year's bear market, it'll be quite difficult for Bitcoin to attract new people into using it for their daily needs. Hence, there should be more regulation in the crypto space to help stabilize Bitcoin's price. Only then, Bitcoin could aim for scaling to limitless TPS for the whole world to enjoy.

The real question is whenever Bitcoin's LN would become adopted or not within the future. Because if it doesn't, then the scaling solution would have failed. Then, there would be nothing else left for Bitcoin but to simply look for an alternative scaling solution which could be easily adopted by the masses. The key is to promote and spread education related to Bitcoin's newest scaling technologies to make people use them. Otherwise, Bitcoin will continue to be used as a store of value for a long time. Just my opinion Smiley