I tend to agree with all the points you make, although i am not super-educated on the Segwit thing. Thank you @lexiconical for your post on the subject, reading trough it right now!
Returning to your post i think that points 3 and 2 are some off the most important factors that will help the price of bitcoin to soar.
- Branding:
Bitcoin is arguably the only cryptocurrency "brand" that has recognition in the real world.- Real world effort:
A considerable amount of real world money, energy and infrastructure goes into mining it. In a sense that creates a certain base level of value.
Branding is sometimes a quite overlooked fact, but just the fact that bitcoin was the first, and the longest living cryptocurrency to date, gives it a V.I.P seat in the market.
Your point about real world efforts, namely that actual real fiat money is used to support the network is also a very good point i think you make. As a side-note to that i think that the hardware dependent mining is the best way to go for security, decentralization and a decently fair reward-system for all contributing to the network.
I would just add as a half-joke, half-serious point to you article, namely :
Point 8: Providing a decentralized payment system that rewards the common-man and not the bankers, effectively helping the world to achieve a greater feeling of freedom.
Great article, peace friend!
Thanks - I agree with point 8 too!