"To use gold as a medium of exchange, historically, one had to turn it into coinage, which can be diluted causing inflation or banknotes, which can be printed without reserves causing inflation. If only there was some
"With the lie going around that Bitcoin was always mean to be Gold 2.0, you should not ask what it was designed to be, you should ask what you (and the masses) want it to be. They make it valuable."
The argument that Bitcoin saves the user from fiat inflation is a "Store of Value" argument. There already exists many far superior stores of value in S&P 500/Real Estate/Gold. The only reasonable argument for Bitcoin
as a "Means of Exchange" is that it saves the user from extortion (censorship).
The argument that Bitcoin saves the user from fiat inflation is a "Store of Value" argument. There already exists many far superior stores of value in S&P 500/Real Estate/Gold. The only reasonable argument for Bitcoin
"One step closer to having a constant-sized chain with constant-time validation, regardless of how many txs or blocks happen. Full nodes that far less resource intensive than SPV nodes