Man,
I usually never reply to these topics, but this comment is so well written.
Cheers, mate
OP's comment really shows of what BTC is truly capable of when the time comes (because as of now, surely, it can do all of these things, but not on a scale imagined, imo), it's an alternative for so many spheres and ways of doing things.. I usually never reply to these topics, but this comment is so well written.
Cheers, mate
.. and the lack of real-world applications?
Did I hear you say "Lack of real world applications"? You are mistaken Bitcoin to some other digital currency.
Bitcoin is already used for international transactions, payment gateways to facilitate sending and receiving of money in business, cross border trade, store of value, and in making donations during crisis without a third man. So, I think you should recheck the statement you made and correct.
I do think it's more about not wanting to find some real cases to BTC, other than those that tie up directly to its price, not the abilities it has due to its values that are still upheld.. But that's okay, because we can always learn about these and understand the cases you and others would present.
I’m aware BTC is already used for that and more. The issue is that most of these use cases are dominated by large companies and 3th parties not by individuals or SMEs, which actually make up the majority of the world’s economy. The potential for Bitcoin is to truly empower small businesses and everyday people to operate independently, and that’s the gap I’m highlighting.