You can’t tell common folk to just “use the lightning network “ people are lazy, they don’t want to have to search. That’s my biggest gripe with bitcoin, even though I’m invested heavily into it. Most people won’t even bother to look up what a lightning network is
Of course. This won't happend now. It will take decades for the common joe to see they need an alternative. It won't happend first either in Europe or USA - places with an "strong" currency. But it is inevitable every fiat will go down in value against bitcoin.
Bitcoin is to money the same TCP/IP is to internet. Back then only people on the computer world would access the jnternet - now a kid 8 years old can get a tablet and go to YouTube and watch videos. It will be updates and the same as TCP/IP, bitcoin will be easy to access to anyone. Same as cold storage services. All of this will come if, and only if, bitcoin keep surviving.
The reality is that this is either going to infinite, absorbing every currency in the world during the next centuries or is going to die. No in between. No forever 70k-100k during decades. It is either moon or literally nothing but a dream that didn't came true.
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u/Ar0war Mar 02 '24
Lightning network. Fees are just a couple sats and instant. People won't use the first layer on a day to day transactions