69 sats \ 2 replies \ @hector 11 Jul 2022 \ on: How much Bitcoin will migrate to Lightning? bitcoin
IMO there's not much demand for btc payments YET. Most people bitcoin holders right now on want to do just that, hold.
If you look at other blockchains most of the traffic is for smart contacts/defi stuff, not really payments.
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110 sats \ 1 reply \ @kr OP 11 Jul 2022
True, but if you look at the fiat financial system, trillions of dollars of payments are sent and received from all around the world every day.
Bitcoin is money, and money is for storing wealth and making payments. The other tokens that are not vying to become money have other use cases.
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0 sats \ 0 replies \ @chinwenwencha 11 Jul 2022
Yep. I can see other blockchains interacting a lot with DeFi and stuff but Bitcoin settling just in what it's good for: payments.
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