Bitcoin is smashing ceiling after ceiling and becomes the new gold and here is why :
- the rush for buying and HODL has all of the classical gold rush
- Many friends of mine think today Bitcoin is just untouchable/unreachable (even a small portion will be assimilated to dust and fees doesn't help in this equation)
- Bitcoin is increasingly indivisible. In fact, I think fees should never go past 10% of a transaction. That makes the smallest sendable amount should be 10 times 20000 satoshis for ~ 2000 sat fees (assuming 180 bytes by ~ 10 sat, which is very optimistic). 20 000 sat will be big money at some point, according to BTC price chart.
- Gold is universal and shitcoins will never replace Bitcoin as long as they are not a verifiable descendant of Bitcoin.

My question : is Bitcoin spendable in the first place ? Is it designed for and only for HODL, to provide a proof of wealth/stake ?

The second : I always heard the "be your own bank" among crypto features. Will the next step is to be your own CENTRAL bank ?

By this, should there be a feeless coin where every person holding some BTC (say 0.01) can issue its coin which should have a total market cap equivalent to his holding in BTC ?
As soon as all the coins are accumulated by one person, this one can take over the private keys of the wallet holding the on chain BTC. This way every person will also be his own central bank and issues his own currency and thus, extending the "be your own bank" story to the central bank definition too.

I think the story of humanity with money is like this : first we value gold, then we issue money according to this gold.
(I prefer not to mention the third step which is equivalent to the 1934 Gold Reserve Act effectively converting gold from a currency to a commodity).


Your inputs are welcome.