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Old 01-12-2021, 11:08 PM  
jscott
So Fucking Banned
 
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Join Date: Feb 2001
Location: Taipei
Posts: 25,198
Quote:
Originally Posted by csnmf View Post
You are right, Bitcoin never will be used as cash, it is rubbish as a day to day spending system. Might as well use a stablecoin for payments. But Bitcoin at this stage is digital gold and that's all it ever will be. Gold just isn't popular for younger generations, very few younger people even want to own any gold in terms of jewelry. I think Bitcoin is this generation's gold but it may fall out of fashion with future generations as you do continually need new people to join the "ponzi".
But Bitcoin is not rubbish for day to day spending, use wallets like BlueWallet or WalletofSatoshi made easy for LN payments. That's why exchanges like Bitfinex and Kraken are/have already implemented LN options. Check also Ln_strike

Other than that, i do agree with you about gold, and sorry for misinterpreting your "ponzi" comment
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