Bitcoin doesn't hold the promise it once did, explosive growth and adoption, now the only explosion in adoption is the number of segwit users. People are using the lightning network before it's ready, potentially damaging the bitcoin ecosystem.
So I ask you, what can we do to improve bitcoin adoption, reduce fees and protect bitcoin for being crushed by regulations?
So I ask you, what can we do to improve bitcoin adoption, reduce fees and protect bitcoin for being crushed by regulations?
I think you are referring to bitcoin's scaling. Scaling will solve speed of the transactions, reduced fees, and make bitcoin a more usable currency that will make people adopt and support it and not be crushed. Bitcoin adopted/implemented Segwit for this purpose. Segwit really helps and have reduced fees, speed up the transactions and made bitcoin still alive. But! this still has not reached its full potential. By the time it reaches its full potential I think we will need another move or modification in the system to as you say improve the system.
What we can do is, I think read articles of theories on scaling. Like bitcoin, Ethereum had scaling problem -because of the kitties- that made fees higher and the network slower. I think we can study their solution. I think Sharding is like Segwit (correct me if I'm wrong). The only difference is that Segwit divides the record in two while sharding divides it more (correct me once more again). My point is reading and understanding so we can provide ideas on how we can scale. By this way, we might reach perfect blockchain.
Just kidding but buying is really the first step of groving and you always can spread the bitcoin word to the others. More people means more investor, So this way bitcoin can grov.
