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by sp821543 3170 days ago
Exactly. Nobody complains about the transaction capacity of gold. Bitcoin is a store of value - especially useful if our financial system sours again.
1 comments

Gold is hard to transact with due to physics, but ideally a digital currency should be capable of micro-transactions.

Here is a quote from the bitcoin.pdf white paper: The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions...

If your vision of the future of Bitcoin is simply "a store of value" then I think you are missing out. There is a lot more value to disrupt by making transactions more efficient, and I hope the Bitcoin of the future will evolve to tackle this problem.