If Satoshi intended for Bitcoin to be a peer-to-peer electronic cash system and now is considered a store of value, does it mean it’s main goal and tech failed?

in #announcement8 months ago

Just want to preface this by saying Bitcoin as an investment has been a success and has been adopted widely as a cryptocurrency. I’m not going to argue against that. I actually do see a much higher ceiling for Bitcoin and see the store of value argument. In the 2010s I remember it being used for forms of payment and now in the 2020s as the price rose public sentiment changed as well. Now I hear it solely being mentioned as a store of value most likely due to it’s rising transaction fees with it’s growing demand. It seems we’ve reached the point in it’s tech over time where we realized it’s usage has far outgrown the tech. Satoshi probably never envisioned adoption reaching this point. Do you believe it’s main goal failed? Why or why not? What cryptos do you believe serve as superior forms of currency along with actual real world usage?

canva-MAEdJKxNxxg.jpg

Sort:  
Loading...