Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is "dying".
by
macson
on 18/05/2023, 22:43:08 UTC
snip
I created a thread asking people what they think bitcoin will stabilize enough to become a currency for people to use and literally everyone said to me that it's an asset and it will never stabilize. And, don't get me wrong, sounds logical and I agree with that.
But if we treat Bitcoin like this, why are we waiting for the "mass adoption" and want businesses to accept Bitcoin that is not stable in any means to use it as a currency?

snip
So considering all this, it looks like crypto right now is moving to centralization and control over our funds. Bitcoin is just an asset to people and I don't see how everyone can use it as a currency.
That's why I think that bitcoin Ideas are dying.
i'm sure you've heard of the smallest unit of bitcoin, that's sats, where businesses that accept payments with bitcoin use that smallest unit, transactions with bitcoin feel easy and comfortable before disruptions like today, yeah the annoyance i mean is brc-20, they use sats then insert files there and if it's not stopped then the mempool will be heavy.

You can read in the bitcoin whitepaper that the things that many people are worried about have been predicted in such a way by satoshi, so it is very important to maintain the purity of bitcoin.