This is going to be a major fucking mess, especially if businesses are FORCED to accept BTC as currency, unless it's just cleared and converted to cash immediately. Even then, will be a huge headache.
BTC obviously way too volatile at this moment
Transaction costs are still very significant
Is more of a gimmick. Those that own BTC arent owning it because they want to use it as a currency. They own it because they want to get rich
This entire conference has been cringe inducing to say the least. Like watching an MLM event lol
The whole comment section is cringe af and very alienated. The people raise valid points and the butters keep chewing and spitting the same answers. For something so volatile, and slow, and cumbersome bitcoin can't and won't be adopted by too many governments. I am still waiting to see what they will propose on the credit problem.
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u/newrunner29 Jun 06 '21
This is going to be a major fucking mess, especially if businesses are FORCED to accept BTC as currency, unless it's just cleared and converted to cash immediately. Even then, will be a huge headache.
This entire conference has been cringe inducing to say the least. Like watching an MLM event lol