Home Bitcoin News Bitcoin (BTC) is the Only Asset in Human History that will Get Better

Bitcoin (BTC) is the Only Asset in Human History that will Get Better

Bitcoin (BTC) is the Only Asset in Human History that will Get Better

Jack Mallers expressed:  Bitcoin is the only asset in human history that is software, acting as a beneficiary to engineering. Bitcoin is the only asset in human history that will get better, forever.  Shiny rocks, collectibles, and paper did not.

Jack Mallers is the CEO of Zap.  Zap is a lightning network wallet for the community.

Community Response:  If you remove the word “only”, Everything else is true in the above statement. Bitcoin was the first but not the last.

Get better? Wow. It will only be exposed as old as time and tech and it will become a novelty for the very rich. It will be more like antiquities that rich people have for show. Serving no purpose in the real world. Mining will be reduced to a few centralized pools to keep it around.

Have you heard about the Lightning Network? Have you dealt with it? The second Layer of Bitcoin for each individual! Wait, the technology will develop as it will improve the Bitcoin protocol. Do you have actually any other alternative?

Lighting network is a total joke. Do 10 minutes of research on how it operates and you will see.

Bitcoin is the first programmable money in human history. It tends to get cheaper, faster, secure and reliable.  Until something better is invented?

The scarcity of Bitcoin will undoubtedly push it’s price to newer highs forever. This is mainly due to inflation.

This increase in fungibility puts BTC ahead of all other current or planned CBC currencies. This is such a huge tipping point in the history of money, thanks and hats off to you and all the contributors.

Can you explain more about why improved fungibilty is good? How would you feel if you went to pay for gas with a $100 bill, but the gas station refused to let you pay because it has been used in a drug deal 3 years ago? Increased fungibility makes BTC a better medium of exchange.

Bitcoin is a sovereign nation’s official currency, is now built directly into twitter, on the balance sheet of multiple publicly traded billion dollar companies.

Thanks for working to improve Bitcoin. It must be satisfying to see something you helped build going live.

How long do you think it will take for a significant part of the network to update to tap root? Seems so far only a minority of interfaces are on it?

I think everybody understanding Bitcoin is looking forward to this.  Smart contracts will migrate to Bitcoin layer 2, and destroy the altcoins.

But it breaks financial laws all around the world. This is the route to ruin for BTC.

 

 

 

 

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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