Quote from: davis196 on Today at 05:29:01 AM

1.Bitcoin is failing as a "safe heaven against inflation" right now.BTC isn't a safe heaven and BTC doesn't provide any protection against inflation.Prove me wrong.

You make too categorical a statement to put the burden of proof on the other. I don't know if you are referring to the last few months. If we take into account the trajectory of Bitcoin since it was created it is clear that it is the best safe haven against inflation. Look at how any financial asset has performed relative to inflation since 2009 and look at how Bitcoin has performed. There you have the proof.

Quote from: BenjaminGlover on March 12, 2022, 09:36:03 AM

Consumer spending accounts for 70% of the US economy, with half of all consumer expenditures falling beneath the $25 threshold. We are still a long way from the typical individual purchasing homes and automobiles with bitcoin, but that is great. A cup of coffee or a tank of petrol are examples of the microtransactions that comprise the majority of the US economy. Even a tiny fraction of these transactions will be conducted in bitcoin, which will have a significant impact.

In your argument which is more wishful thinking than anything else you are obviating the legislative problem. The way Bitcoin is regulated no one will use it to pay for coffee and small day to day payments because they will have to declare each payment and pay capital gains tax.