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What I'm saying is that bitcoin mostly serves as a reserve asset and store of value, and as a unit of account it's great. For daily transactions and payments yo
by lurking15 3y ago
What I'm saying is that bitcoin mostly serves as a reserve asset and store of value, and as a unit of account it's great. For daily transactions and payments you end up relying on layer2 options (again totally in favor of those but there's a nuance to this since bigoted people jump at that aspect and say it "disproves" bitcoin) which is somewhat different than saying you're using bitcoin, it's a roundabout way of using bitcoin much like no one pays for things with US treasuries, but they do use notes which derive their value from treasuries.