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927 points smallerfish | 1 comments | 04 Feb 25 00:00 UTC | HN request time: 0.215s | source

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ks2048 ◴[04 Feb 25 00:26 UTC] No.42925530[source]▶

Do pro-bitcoin people still talk about goals of bitcoin being a currency that people use daily?

I don't follow it closely, but that idea seems to have faded and now it's just an asset to buy and hold while it magically goes up forever.

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1. lawn ◴[04 Feb 25 05:56 UTC] No.42928576[source]▶

>>42925530 #

Yes, some Bitcoin people still hold on to the idea that somehow layer 2 or layer 3 systems will somehow make Bitcoin practical for regular payments again.

But largely that's been abandoned for the "store of value"/"number go up" speculative use-case which is easily 99.99% of the point of Bitcoin today.

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El Salvador abandons Bitcoin as legal tender