Exactly! The first sentence from the original white paper is literally: "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
Bitcoin was intended to be MONEY, instead it's pretty fucking useless for anything other than hoarding.
I think it will remain an asset class, but history will not be kind to it. It's going to remain relevant and valuable as an "antique", but likely there will come a cryptocurrency that realizes the original goal at some point.
Bitcoin was intended to be MONEY, instead it's pretty fucking useless for anything other than hoarding.
I think it will remain an asset class, but history will not be kind to it. It's going to remain relevant and valuable as an "antique", but likely there will come a cryptocurrency that realizes the original goal at some point.