You are viewing a single comment's thread from:

RE: The ECB says Bitcoin is not a currency, and that's ok!

in #bitcoin8 years ago

Bitcoin may never become a true currency and that is fine. The volatility, slow processing time, and high transaction fees are currently the main problems. Yes, the lightning network will help as soon as that is up and running at full speed. Even after the lightning strikes, it may still just be used as digital gold as many refer to it these days. But you could bet your ass that there will be a cryptocurrency at some point that will be used as a currency, globally accepted, decentralized, and not backed by central banks or the fraudulent financial system. It's inevitable.