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RE: LeoThread 2023-10-06 17:24

Is #bitcoin a practical type of currency?

Why, or why not?
imgflip image from #crypto #finance #leofinance #business

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Bitcoin can be a practical currency. The problem is that we (including us here on Hive) treat it like a stock.

I think you have a point there

In my view, that is precisely the underlying problem.

hmmm topic for discussion

Personally, I think that BTC can serve as a currency in the practical sense since we manage satoshis. But in terms of whole units we can only see it as investment. At least that's what I think about that topic.

If it didn't have the Fees problem I would've said yes, but the fees alientates a lot of users including me, and Lightening isn't a sufficient solution in my opinion.

BCH doesn't have that problem and I think it's more practical.