Sooner or later everyone will use Bitcoin as the base currency
Expansion solutions promise exponential currency growth Bitcoin As a base currency, ensuring that current volatility is just a passing picture of the future.
We've known people who see a price Bitcoin And they're thinking, "Damn, I missed that. I'm late".
Because of this, they are drawn to currencies with lower prices, altcoins, which will ultimately have no value in the long run.
They believe that currencies that are traded for less than a dollar, will somehow become. ”Next Bitcoin“.
The problem here is that there is no Bitcoin deification".
was a coin Bitcoin And still, a historical accident, somewhat similar to the discovery of fire by our ancestors.
For context, let's discuss the early internet.
In the early 1990s, only a few people had access to things like email and forums.
Back then, the internet was an anomaly!
Not many people had an idea of the destination.
Few have imagined social networks, social media, and the iPhone, web conferencing, shift to online business, especially amazon, to be established in 1994 As a bookstore.
I think this is where we are with Bitcoin.
Bitcoin as base currency
We are still too early.
Especially because many people are not aware of all the developments that are taking place, and what is being built on top of Bitcoin during our conversation.
One of the projects being built on top Bitcoin Blockchain It is the so-called second layer solution, a network Lightning , which now includes more than 14 thousand knot, and 68300 A thrust channel, spanning all six continents (oops, I mean Antarctica).
Then come solutions Layer 3, decentralized applications that are built on top of a network Lightning Network.
The goal is to create a new peer-to-peer Internet, not under the control and oversight of the big tech companies.
In this way, they realize the original spirit of the Internet.
Using the infrastructure that is being built by companies like Impervious We're seeing our first glimpse of projects that will enable people to make calls to a contract Lightning, and invest any service without a bank account, using the network Lightning Moreover..
We are witnessing the early stages of development.
We don't know where he's going yet. Proven the first layer of Bitcoin, leveling layer, it is the best store of value with nation states that adopt Bitcoin As a base and legal currency, it relinquishes the global dominance of the US dollar.
proved Lightning Network It is the best way to exchange.
And now we have the emergence of the third layer, decentralized applications.
The companies of the future will be built here.
This makes Bitcoin As a base currency, it looks much rarer for the functionality it provides.
In terms of adoption, I have Bitcoin Roughly the same number of users, as it was online in 1997.
However, grow Bitcoin as base currency at a faster rate.
If this continues, we could have over a billion users over the next four years.
The daily price movement of a single currency is Bitcoin It remains just noise.
It doesn't matter what price you buy it at.
You don't have to take my words seriously.
There are deviations between individuals and groups, who are smarter and richer than me, who see current prices as just a picture.
using a form ”Stock-to-Flow" from PlanB We're steadily on our way to a million dollars per coin.
Worrying about where we're trading now is like worrying about the stock price of Amazon or Apple in the late 2000s.
We have just started. still Lightning Network strong.
These are very exciting times.
I am honored to have lived and seen the dawn of the modern Internet and its development to this day.
With Bitcoin As a base currency, it is not too late, and we still have the opportunity to participate in its development.
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