Quote from: kawetsriyanto on Today at 09:06:46 PM

Quote from: legiteum on Today at 04:59:24 PM

I know the original reasons behind Bitcoin's creation, but nobody uses Bitcoin that way nor will they. Bitcoin is far too slow and expensive to be a viable means of mainstream transactions. It couldn't handle even 1% of the world's current credit card transactions, let alone multiples of it as you would need to truly make it a replacement for today's worldwide transaction load.

If you know it, why you said Bitcoin is a meme? Bitcoin was created as digital currency. In some countries, it is already a digital currency, right?
Sure, it needs time to be accepted around the world as a global currency. Accepting it isn't as easy as you think, each country may have a certain consideration. But gradually, Bitcoin will have better adoption as a digital currency to use in varied transaction.

I said that Bitcoin is not used as a currency, and it's not. And no, there is no country in the world where they use Bitcoin as their primary means of transactions, and even the tiniest country on Earth would be a thousand times the transaction volume of what Bitcoin sees today.

There are plenty of countries, including the USA, where Bitcoin is legal to be used as a form of payment, but you can use stock shares, or gold, or cigarettes (like they the do in prisons) in the same way.

Quote from: kawetsriyanto on Today at 09:06:46 PM

Quote from: legiteum on Today at 04:59:24 PM

And if Bitcoin isn't "the future of money", then it's just a meme. There's nothing wrong with that! Bitcoin is a powerful meme with a lot behind it, and lots of people know about the name, so they will invest in it.

It is not a meme even if it can't be a global currency. Some people already used it as a digital currency. It will be a meme if it can't be used as a digital currency at all at any where in the world. You pointed a wrong coin if you refer to a meme coin. Why don't you mention Doge or SHIB? Undecided

I think of a "currency" as something that can be used for mainstream transactions e.g. to replace what the US dollar or other sovereign currencies do. Bitcoin can't do that.

And you are right, DOGE or SHIB can't do that either. In fact, nothing based on the blockchain architecture can scale to the level of being a real, mainstream currency.

Bitcoin is based on the same general architecture as DOGE and SHIB, the only real difference being that Bitcoin is a more popular brand name (meme, if you will) than those others.

Quote from: kawetsriyanto on Today at 09:06:46 PM

Quote from: legiteum on Today at 04:59:24 PM

And Bitcoin is the only decentralized crypto? So other cryptos like Ethereum and all of the others are "centralized"? Are you sure about that?

If Bitcoin isn't a decentralized coin, then what Bitcoin is?
Explain it more clearly, mate! Don't just ask a random question. Huh

The poster had said that Bitcoin was the only decentralized cryptocurrency. This is false. I was trying to be nice :-).