Quote from: nemesis_incarnate on Today at 12:16:58 PM

Quote from: Sanitough on Today at 11:34:02 AM

Quote from: CamilaStar on Today at 09:35:47 AM

I have been thinking about this recently, what Will happen if Bitcoin network gets too big? Will there be any issues with it's speed or fees

The Bitcoin network is already massive, handling almost half a million transactions daily without major issues. There’s no need to worry about the system crashing, because this isn’t a centralized setup, it's decentralized. With thousands of miners distributed globally doing the work, the network stays secure and resilient. In short, downtime is highly unlikely.

I agree.

More worries are currently about how much the retailers, common people would possess BTC and their proportions to bigger entities in the long run in the eco.

However, that's too a question that would be developing over the years, if not decades to come..

The good thing is, we don't need to wait for the future just to see the market grow. The current situation alone where people already recognize Bitcoin as a good store of value is already a big deal. It helps keep the market stable. Realistically, we can't compete with fiat-based online payment systems in terms of speed and cost as they're cheaper and faster. Bitcoin, on its own network without a third party, can't really match that. But when it comes to value, we have the upper hand and that's exactly why demand will keep growing.