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Maybe people value the current state of Bitcoin with its 'flaws' and all. The Bitcoin-as-gold vision is the current de facto situation (vs Bitcoin as coffee pa
by lokistar 9y ago
Maybe people value the current state of Bitcoin with its 'flaws' and all.
The Bitcoin-as-gold vision is the current de facto situation (vs Bitcoin as coffee payment system). The scaling issues are really a simplistic way to explain the conflict between this two visions (worth mentioning that the block size increase, another simplification, won't solve either in mid/long term)
Also, improving utility is subjective in this case.
Bitcoin is a not a product or service in the traditional way: it does not have to serve all the users, there's no clients as such, there's no companies to sell the 'product' to. Its roots are real financial disruption, not another payment network.
- tom_mellior 9y agoIf Bitcoin doesn't have to serve "users", then it will not be able to "disrupt" anything. You'll only "disrupt" banks and credit card companies if you manage to offer "services" to their "users".