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by npoc
869 days ago
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It will happen once bitcoin has proven itself as a store of value, new layers have been built on top of it and matured and have acquired a large user base with network effect. Right now we already have proof of concept of a decentralised micro-payment network with Lightning. But it won't gain widespread adoption until more people have bitcoin, so much that they'd like to start spending it rather than buying/holding it (see Gresham's Law), its value has stabilised to a point that it can be used as a unit of account, and shops are therefore willing to price their goods/services in it. |
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