@yigithan Hodlers don’t sell their bitcoin unless they have fun staying poor. Therefore, the corporate players will be fighting over only 62.5 new bitcoin per hour, driving the price to insane heights.
@yigithan A lot of that traffic will be automated, micro transactions that lubricate all commercial interactions in future cyberspace. Advertising will be a bygone relic (good riddance) as micro transactions facilitate consumption of digital goods and services.
@yigithan I think it’s most useful to view it as a software stack. Bitcoin will be so valuable and movements in it so expensive, that only very large bank-like entities will regularly transact on the base layer. Most day to day uses will occur with tiny fractions of bitcoin zipping around as millions of transactions per second over the lightning network.
@yigithan bitcoin will replace all the national currency and precious metals leading humanity in a condition of permanent and enduring peace.
Is this enough? 🙂
I am a blockchain and .com domain trader. Busy with crypto these days.