5) Sending microtransactions
Curious point of fact, unless the forum's search function is failing me, satoshi never actually uttered the word "microtransaction" on this board. And the word "micropayment" was only used on two separate occasions. A number of utterances
in this post in direct response to a person asking about sending a single satoshi (and I assume that's not quite what you meant by "microtransactions"). And again in this post quoted below, but only in regard to custodial wallets:
In the meantime, sites like
vekja.net and
www.mybitcoin.com have been experimenting with account-based sites. You create an account on a website and hold your bitcoins on account there and transfer in and out. Creating an account on a website is a lot easier than installing and learning to use software, and a more familiar way of doing it for most people. The only disadvantage is that you have to trust the site, but that's fine for pocket change amounts for micropayments and misc expenses. It's an easy way to get started and if you get larger amounts then you can upgrade to the actual bitcoin software.
And (getting slightly off-topic), given what we know about custodial wallets now, it's a little surprising to read those words from satoshi, heh. Still, those were the very early days and hindsight is always 20/20, etc.
So, with all respect, are you sure you aren't conflating
satoshi's original vision with the vision of some early adopters who perhaps got a little carried away with the potential and subsequently raised your expectations higher than they otherwise would be? Not everything lives up to baseless hype and there certainly was a lot of that back in the day. People just naturally assumed that sending tiny amounts was viable and started shouting it from the rooftops.
3) For fractions of a penny
It's also worth bearing in mind that when satoshi was still around, a fraction of a penny was a vastly different sum of BTC to what it is today.
You're right, maybe it was the early community getting carried away BUT Satoshi never stopped this or corrected these people, the vision of what the technology could be and bring to the world was inspiring, right now it's a digital version of god, for the wealthy an asset and store of value.
I'd rather stick to gold.
What was Satoshi's original vision?
1) A digital, decentralised currency
2) That could be sent anywhere in the world
3) For fractions of a penny / as cheap as possible
4) In a short amount of time
5) Sending microtransactions to developing countries who were run down by poverty was a big selling point at the time
I shouldn't even be bothering to reply since you're a NANO shill, but to answer your questions (while that isn't even 'Satoshi's original vision').
1. Bitcoin is by far the most decentralized and secure cryptocurrency.
2. You can send Bitcoin anywhere in the world.
3. You can send on-chain transactions with a 1 sat/b fee or you can use the Lightning Network for smaller payments.
4. Lightning payments are instant.
5. See 4. It makes no sense since Bitcoin never had 'selling points' and Satoshi never mentioned this.
Bitcoin is electronic cash. Cash doesn't meant it should simply be cheap and instant to send. Read
the Cypherpunk Manifesto if you want to understand what is truely meant by 'electronic cash'. I doubt you'll read it since you've obviously here to shill shitcoins.
They complain because lightning is widely used yet and still being worked on and having updates but I have yet to see anyone accept nano and the majority of shitcoins. Nano is a shitcoin meme at this point where the users all parrot each other but no one spent anytime to see if what they were saying was actually true.
Stop talking total rubbish, I've seen that EVERYONE is ignoring the fact that I've said NANO is unlikely to succeed or make ground, I simply complicated a few technical aspects of the project that it does well and people like yourself have got their knickers in a right twist about it and start with the childish name calling.
People like yourself have an attitude that everything but Bitcoin is a 'shitcoin' that's just stupid and immature and an uneducated VERY CLEAR biased view. There's many good coins and projects and many companies utilising the blockchain in new, innovative and interesting ways.
You can't just call every coin you don't like a 'shitcoin', to say there's NOTHING NANO does well is just stupid.
Will it be the next big thing, will it be the #1 digital form of crypto cash? No, probably not. People have a habbit here for putting words in my mouth and taking things out of context and rather than mature discussion and calid rebuttals it resorts to childish name calling and accusation of shilling.
Some people need to grow up and learn to accept that there's a wide variety of opinions on here and yours doesn't always have to be the right one.