Quote from: o_e_l_e_o on October 31, 2021, 04:05:45 PM

Quote from: BlackHatCoiner on October 31, 2021, 03:40:32 PM

There'll always be people willing to use it as a currency. This is the fact where most of us rely on. We see it as a store of value, but the only value it stores is its future usage as a currency.

And if more people used it as a currency, then it would fuel adoption, would fuel growth, would fuel demand, and would fuel a rise in price. It is a shame that the majority only want to use bitcoin as a means to increase the amount of fiat they have, especially when we see rampant money printing, endless inflation, and Quantitative Easing Round 9001. We could be on the way to a monetary revolution, but instead we see centralized exchanges turning themselves in to crypto-banks, and legacy banks and financial institutions offering bitcoin ETFs and other products, creating more centralized control which most people seem absolutely happy to buy in to as long as they can make some fiat profit.

Bitcoin is a decentralized, peer to peer, currency. Not a centralized, third party, investment vehicle, which is sadly what it is turning in to.

It can be and is all of those things which goes to show the adaptability of bitcoin (another added value)

Quote from: superbotolo on November 01, 2021, 09:50:14 PM

And now that I think about this, one solution could be to introduce a system in the Bitcoin protocol where a small, but increasing portion of BTC that are not moving from an address are transferred automatically to a "community address" for other users to buy, or maybe it goes to active nodes as a way to incentivize network security. The more you hold, the more BTC are transferred to this community address or to nodes.

This would solve the hoarding issue and would also re-appropriate tons of lost BTCs.

It's interesting that anyone could think of introducing a "solution" like that into the bitcoin protocol? It wouldn't be bitcoin anymore. Do you have any btc?
You realize there are fees to move coins from wallet to wallet and that plenty of coins from the early days haven't moved--if they want "the community" to have it: they could choose to give it.

Create your own coin that functions that way.