RE: Don Tapscott : The Blockchain Revolution

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Don Tapscott : The Blockchain Revolution

in bitcoin •  7 years ago 

The Blockchain is the revolution of the payment system. And it's not supposed to work as a store of value.

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Core is always saying BITCOIN is a store of value, it's not. It's a mean of exchange - payment system.

In order to one day work as an entirely indipendent monetary system, bitcoin must act as a store of value AS WELL AS a means of exchange. How is this argument still even happening? Just this weekend the positive effects of segwit and lightning started go show and transactions for BTC are faster/cheaper than they have been in years.
Big blockers and Bcash advocates need yo understand that your transactions are only “cheap” because no one uses your network.