Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will never become mainstream
by
bitcurve
on 03/12/2024, 16:33:11 UTC

Bitcoin in Daily Use:
Bitcoin not being widely used for daily transactions yet is not due to a lack of technology but user habits. However, second-layer solutions like the Lightning Network make everyday payments faster and more cost-efficient, paving the way for broader adoption.


No, it's due to the fact that Bitcoin takes up to 30 minutes and cost up to $30 to do a single transaction. That is not "user habits".

Bitcoin cannot possible scale to handle even a tiny portion of the world's daily transactions. It will never EVER be a mainstream means of payment. Ever. It was never made to do that, and it doesn't.

If you want mainstream, find an architecture that will actually scale to the world's daily transaction load. Everything else is just a speculation instrument.






Totally agree. This is what i wanted to express initially.