Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is a commodity market ?
by
franky1
on 15/01/2022, 00:27:03 UTC
I don't say it can directly "solve the problem", but it can lead to more acceptance by merchants and users, and thus lead to the virtuous cycle I described in the last post, where Bitcoin can stabilize and slowly become more usable as a currency, and thus "sustain its value" over time.
...

I'm not an unconditional Lightning supporter, .. but I think it is a big piece in the puzzle leading to Bitcoin adoption as a currency.

thats what bankers said when offering bank promissory notes 'pegged' to gold... and not gold is not a daily use currency nor is bank notes pegged to gold..

just watch out for the PR of "you never have to close your LN channel you can just rebalance"
"you dont need to settle to get bitcoin its expensive fee, try an altcoin settlement"

its the old banking game.
"dont take your gold out to move banks. here have a cheque wrote to another bank"
"dont take your gold, here have some brass, nickel and copper coins"