Sounds like a currency.
Over 8 years since launch, it seems people's motivations for buying / using BTC are still 1) speculation, 2) criminal activity
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It clearly doesn't compete with other payment networks. Not once has a bank said "we should lower our wire fees to stay competitive vs BTC"
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And PayPal is still sleeping soundly despite its many flaws. BTC is simply not a payment network. It's a speculative token.
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Go to Latin America and Africa and you'll find enough motivations other than those 2.
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Work harder 2 understand the tech. You're too smart 2 draw conclusions from pop-news. AI didn't do much for 30 years. Was it worth the wait?
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I read the white paper in 2009, and followed the evolution since. I'm just stating facts.
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It has become more of a replacement for the Automated Clearing House (ACH) so far than anything else IMO
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The tech is honestly really cool, but that doesn't mean it'll be successful. It solves one problem nobody has, and introduces several more
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3) believing in the robustness and independence from 3rd parties. Is the most reason I hear
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Yeah, still being one of the most successful experiments of the past decade. Much more to come...
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