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0 sats \ 0 replies \ @KudzaiK OP 10 Jan \ parent \ on: 100k And Counting: The Revolution Beyond The Price bitcoin
Thank you reading and for that feedback! You perfectly summarized the main point of the article.
You absolutely nailed it! Then in addition to that, layers of regulations will be added that will confine BTC to be recognized as a “digital asset” (a meaningless term btw) or a commodity. The worst would be having btc backed “stablecoins”. More MoE tools and merchants accepting it are needed going forward
Indeed! This is also the problem with some of Michael Saylor's points of Bitcoin being "digital capital or a digital hotel in cyberspace" while ignoring the medium of exchange function, which is the reason bitcoin exists in the first place.
My thoughts exactly! Definitely needs to be looked into, perhaps there are more reasons as to why this is so