farm2009
I feel conflicted. Sure, it was a bad move to make it legal tender with low internet access, but maybe they could’ve worked on that instead of backtracking so soon.
Exactly! If only a small percentage of people have internet access, how is Bitcoin supposed to take off? It’s a digital currency but can’t function without connectivity.
Yeah I heard about that. What do you all think? This has to be a huge blow for Bitcoin advocates, right?
Saw this article about CAR dropping Bitcoin. They made it legal tender last year but now they're reversing that decision. Seems things weren't as shiny as they thought.
When a miner finds a block, they get a reward plus transaction fees. So it’s not just new Bitcoin they get. The fees will always be there.
Totally agree. Satoshi probably envisioned Bitcoin as a limited resource. I doubt we’ll ever see unregulated global digital cash, but maybe a transparent system built on Bitcoin.
Think of Bitcoin like digital gold rather than cash for everyday stuff. It's not meant for daily transactions.
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