Do you think Bitcoin has already been reduced in its usefulness as a means of exchange, as digital cash?
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Not at all. In fact, it’s only getting better, both from the technical side - e.g. Lightning- as well as from the UX side
The “problem” is that a rational economic operator will save in the harder money and spend in the weaker one, unless otherwise required (e.g. censorship)
My hypothesis is that we are still one or two generations early to see global bitcoin adoption as a means of exchange and unit of account
But what would I know. I’m just an npub