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0 sats \ 1 reply \ @Kontext OP 8h \ parent \ on: Relai sunsets Lightning Network integration bitcoin
Quoting from what I replied to @k00b:
Yeah it does make some sense given that they are an exchange and not just selling some other product or service for Bitcoin. [...] I'm making a bit of a stretch here, but to me, that seems to indicate that only 5% see Bitcoin as a medium of exchange.
Bitcoin as a medium of exchange is imperative
It's a nice to have, not an imperative, this drama is old hat.
Quoting from my original post:
If you see Bitcoin as Gold 2.0, this is fine. If you see Bitcoin as the separation of Money and State, it's not.
I don't think Bitcoin can truly win if it can't be used for everyday payments, or more importantly, if it can't be used to circumvent the legacy financial system. In that case, it will remain a part of the permissioned system, not become the foundation for a new, permissionless one.
Again, if you think a store of value is all that Bitcoin is and could be, this is not a problem. Personally, I think it can be much more than that.
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0 sats \ 0 replies \ @justin_shocknet 7h
if it can't be used for everyday payments
It can be, that's not in question... That's different than it being imperative people actually care to use it. All that matters is people demand Bitcoin in some fashion because they account in it.
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