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Sunday 31 May 2020

The Purpose of Bitcoin?

https://twitter.com/BitcoinMemeHub/status/1260592029417058305

"Everything is going according to the plan, few understand this yet. Especially Bcashers"

- Steam and Microsoft has dropped Bitcoin payments because of high fees.

- Lots of people(including me) had their transaction stuck in the mempool for weeks because not wanting to pay higher than 1$ fee.

- Smart contracts no longer possible on BTC

- The only way Lightning can scale for mass adoption is with large centralized hubs that can provide enough liquidity and will require KYC/AML

am i missing something?

submitted by /u/PitarCvetanov
[link] [comments]

from Bitcoin - The Internet of Money https://ift.tt/3gDBNvQ

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