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by vasilipupkin 3120 days ago
I agree, bitcoin is not good for micropayments. But that's not the only use case that matters.
2 comments

It depends on your definition of "micro payments" ... With a fixed number of bitcoin ever in existence for it to ever become a real world currency two things have to happen A) it's value inflate to a value that is an order of magnitude of all the value of the world .... B) be cheap enough, and fast enough that you can buy gum at the corner store

Without micro payments it's stuck in a niche paying ransoms and doing drug deals

it's one of the only usecase that matters if you're talking about using it as a general-use currency...
Yes, but my original point is biggest holders of btc are talking about it as a digital replacement for gold, not as a general use currency