Post
Topic
Board Bitcoin Discussion
Re: seems like bitcoin is too slow to progress
by
Bttzed03
on 15/06/2020, 17:27:27 UTC
~ Now bitcoin is not money at all because of fees and velocity.
Regardless of the fee and confirmation time, it is a fact that bitcoin is used as a medium of exchange. See 160 Companies that Accept Bitcoin (updated June 2020)

No ideas how to correct this excepting lightning, which is close to fail.
LN is just one of the solutions. I'd rather wait for someone more knowledgeable to discuss this with you.

And bitcoin is actually controlled by centralised agents.
Who are you referring to? Whales? Miners?
Despite some people holding large bags of BTC, it's still a free market. Anybody can buy from any one. No restrictions whatsoever.
It's also true that there are big miners around but nobody (other than the government) is stopping anyone from mining.

All we have - the moon idea. I do not understand your optimism guys but will be glad if I mistake
All cryptocurrencies are speculative in nature at the moment but none of them is as secure as bitcoin.