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I agree, bitcoin is not good for micropayments. But that's not the only use case that matters.
by vasilipupkin 9y ago
I agree, bitcoin is not good for micropayments. But that's not the only use case that matters.
- rrix2 9y agoit's one of the only usecase that matters if you're talking about using it as a general-use currency...
- vasilipupkin 9y agoYes, but my original point is biggest holders of btc are talking about it as a digital replacement for gold, not as a general use currency
- Taniwha 9y agoIt depends on your definition of "micro payments" ... With a fixed number of bitcoin ever in existence for it to ever become a real world currency two things have to happen A) it's value inflate to a value that is an order of magnitude of all the value of the world .... B) be cheap enough, and fast enough that you can buy gum at the corner store Without micro payments it's stuck in a niche paying ransoms and doing drug deals