Post
Topic
Board Bitcoin Discussion
Re: How is Bitcoin living up to Satoshi's original vision?
by
kryptqnick
on 30/01/2020, 09:25:14 UTC
Op, I agree that Bitcoin is not living up to Satoshi's vision. Bitcoin was supposed to be money, but mainly people use it as an asset or trade it as stock. Bitcoin was supposed to be used for direct transactions between people with no intermediaries, but we use exchanges and some wallets which are intermediaries. Bitcoin micro-transactions are a disaster. At the same time, it's not all that bad. Bitcoin has shown what is possible. Bitcoin is still very cheap and fast for big transactions. Projects like The Lightning Network are looking into the problem of small transactions. I think Bitcoin still deserves respect and even though it's not living up to Satoshi's vision in some aspects, I bet Satoshi could not even imagine how huge of a thing Bitcoin would become.