|
The core advantage and idea behind crypto/bitcoin is 'a provable scarce digital asset not enforced by a central party'. One use case is 'peer to peer electronic cash' but that is just one example. This can only happen if said digital currency is actually being used and can be transacted with minimal fees. Currently Bitcoin (BTC) is not that, it is being sold as digital gold, to be used rarely with high fees.
Imagine what can be done if you have peer to peer electronic cash without a 3rd party. Secure, transparent, autonomous and provable. This is what the fight is about. I have no idea how it will play out though I do enjoy watching, participating and learning.
|