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RE: People Ask Me What’s Happening with Bitcoin. Here’s Why I’m Dreaming Bigger.

in #bitcoin7 years ago (edited)

True. As we don't transact in gold on a day to day basis the way we do with fiat. So Bitcoin will have a place as a store of value but it's hard to see it being a fiat replacement or as a coin to be used for fast and everyday transactions. Bitcoin can be seen as digital gold even though there will be other currencies that are much faster with fewer transaction fees to come along and do what bitcoin can't do. Steem is one of those much faster and highly scalable currencies.