Quote from: Arget07 on June 27, 2021, 05:21:14 AM

bitcoin is not the most convenient payment tool to compete with FIAT currencies. There are more suitable cryptocurrencies for payments. Bitcoin is more suitable as "gold" from the price of which other coins or tokens that are more suitable for the role of a means of payment will be repelled. But your hidden advertising of the coin is also noticeable.

That's certainly true, mate. Bitcoin is not suitable for day-to-day payments because of its limited transaction capacity. Other altcoins perform better in this regard with on-chain scalability. But this comes at a cost of increased centralization. Fortunately, developers are working on a long-term solution for Bitcoin's scalability. The Lightning Network is being constantly improved in order to make Bitcoin suitable for daily payments. All it needs is mainstream adoption, and Bitcoin could become better than Fiat.

Of course, Bitcoin is not as stable as Fiat is. Bitcoin constantly fluctuates in price, making it terrible for short-term use. As long as the issue persists, Fiat will remain the winner. I wouldn't worry about that since Bitcoin was never meant to replace Fiat. It's only an alternative for those looking for an "escape route" from mainstream banks and governments alike. As long as Bitcoin remains decentralized and censorship-resistant, nothing else matters. Just my thoughts Grin