Assuming the Taproot activation in November reduces the consumption of transaction gas fees significantly, does bitcoin have a scalable solution for usage and even if bitcoin lightning increases the likelihood significant in terms of transaction performance. The big problem is that bitcoin's volatility indicators have yet to set a standard for being a local currency, not to mention it's still a matter of strict legitimacy. This is a real struggle like El Savaldo did.
Bitcoin is the only pressure on the government, whether they will agree to let bitcoin become the sovereign network for traditional fiat. Lol, we definitely need a scaling solution and framework - the government knows it but they don't really do it. Sometimes I don't expect bitcoin legalization to replace local fiat.
How much time will it take to solve the perception of the poor, who do not have smartphones, PCs, laptops for daily payment activities, although
Bitcoin is the only pressure on the government, whether they will agree to let bitcoin become the sovereign network for traditional fiat. Lol, we definitely need a scaling solution and framework - the government knows it but they don't really do it. Sometimes I don't expect bitcoin legalization to replace local fiat.
How much time will it take to solve the perception of the poor, who do not have smartphones, PCs, laptops for daily payment activities, although
The government probably sees it as too much unnecessary work to do and would rather stick to the old traditional way of payment system, perhaps the issue of scalability needs to be address first then other things will follow, the workload will be massive if btc where to be use as local currency, once this has been handled properly the rest minor issue like changing perception of the poor will be easy to handle, once you have a working system it won't take long for people to start adjusting to the new system.
