Quote from: Abiky on June 13, 2024, 05:58:02 PM

Quote from: Mr_Brilliant$ on June 12, 2024, 10:27:48 PM

It is the hope of every Bitcoin investors that Bitcoin increases and gets better. I believe the government who are still fighting against Bitcoin will one day come to realisation that Bitcoin is a good currency and not a scam. Many critics are now Bitcoin investors, but the question is, what must have triggered them to change minds? The same reason might been seen by those government and they'll change too.

Bitcoin will improve as developers continue to innovate on it. But the beloved cryptocurrency will never reach a point where it will replace existing Fiat currencies. Governments simply won't allow this to happen.

I'm hoping BTC fees decline with subsequent network upgrades (unless the Ordinals craze spirals out of control). The LN is NOT a long-term solution to Bitcoin's problems. Current market volatility, slow confirmation times, and high fees are what's limiting Bitcoin's mainstream adoption. Unless these issues are solved, BTC will remain a store of value forever. Is this what we want?

Yes, it has been noticed that once the fees go high, it gives discouragement to the community and it is not looking good. If the fees remain at their lowest amount, that would gain more interest and adoption instead of fiat money. But I see the situation is now worsening and that is even more worrying and also hard to convince someone to use it when fees are no longer acceptable and fair. If we only have an option to keep it at $1(and below) and fast confirmation, it is more encouraging.

And talking about LN. I'm not sure if it works so well because not all are techy enough which I think that LN is not really the best option to take than waiting for the fees to calm down.