I try to tell people this. In a real world scenario btc may not work because of the slow transaction times. With that being said, btc will have to prove to the market it's capabilities outside of being a real good store of value down the road. Other coins are geared up to take it's position as the one crypto that can be used in a real world without the hindrance of slow transaction times.
RE: Bitcoin is not a currency for day to day purchase's
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Bitcoin is not a currency for day to day purchase's
Slow transactions times and fees are not really the main issue. I think most of us have unrealistic exceptions for Bitcoin, we cannot seem to let go of the past. It was once a promising crypto for day to day purchases but its value over time increased dramatically and so made it too valuable to spend. I can't see this situation changing, not unless Bitcoins price stabilises in the future, but I can't see that happening. Slow transactions times and fees need to be improved, but if they do it won't change the uptake of Bitcoin for day to day purchases.
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