Quote:
Originally Posted by Wayne 962
This is a fake product that has no useful purpose except to (occasionally) facilitate illicit and illegal commerce.
-Wayne
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No offense, but I feel like this sentiment is extremely out of touch. I'm not saying Bitcoin will end up the currency of the future, but there are MANY places you can spend it directly if you wish, and many more places that are accepting things like flexa which allows you to pay with crypto currency through an app. I know people who have been spending it on legitimate items for 7+ years. I agree Bitcoin itself probably wont be the one, unless the devs work out the issues, fees have already been cut significantly with native segwit, but the real issue is transaction limit is currently 400,000 per day. That is a problem some other coins have solved though.
Also, the gold analogy is the whole idea behind the halving and mining, some of the original devs first published ideas about a "bit gold" before Bitcoin ever came along. Maybe Bitcoin as the original and most recognizable crypto doesnt become the actual digital currency, but the digital gold standard.