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> The missing piece is adoption Here's the thing, in 2014 I was playing around a bit with Bitcoin, and at that point adoption seemed better than it is today.
by skohan 6y ago
> The missing piece is adoption
Here's the thing, in 2014 I was playing around a bit with Bitcoin, and at that point adoption seemed better than it is today. I could buy a cup of coffee with it, and many reputable online storefronts were already experimenting with accepting it as payment option. Later, long transaction times and high fees made it almost impossible to actually use BTC as a currency.
My perception is that Bitcoin used to be a serious currency project, but got co-opted by speculators, miners and scammers wishing to use it to accumulate fiat currencies quickly.