Look at the Bitcoin whitepaper once more: a peer-to-peer electronic payment system indeed. Was Satoshi really envisioning a payment system so widespread that it became a preferred way of paying for goods and services? What's happening today? Bitcoin is now more of an investment than a payment tool. In fact, it's as if all the cryptocurrencies are businesses for their inventors, bar Satoshi—a means of becoming automatic millionaires rather than a peer-to-peer payment system. In fact, the quickest way to get rich these days seems to be by starting a crypto project.
Not even the guy that started Bitcoin Satoshi Vision is exempted.
Bitcoin, a peer-to-peer payment system? Nah... more of a decentralized speculative investment platform.
The thing is that bitcoin's volatility rate's not just placed there as a coincidence, there's a reason why it's there, and I reckon Satoshi knew from the get-go that cryptocurrencies could be traded/invested upon like commodities and stores of value, just not entirely sure about whether he envisioned it to be this big really. But yeah, bitcoin hasn't at all deviated from what Satoshi wanted it to be at least for me. It remains a peer-to-peer payment system that people can depend upon if they want money transferred across distances, it gets its job done, but what I just can't understand is if he wanted bitcoin to become a global payment system that's on par with bank transfers and money remittance, why in the hell are is the network weak? We get network congestions for breakfast almost every week and if we're looking to expand bitcoin's reach this could become even more common in the future, is this really what he wanted? Did he really imagine bitcoin to be just big enough that a couple people could use it every now and again? I don't think so and for some fucking reason I cannot for the life of me figure out why these things even came to be lol.