I'm still uncomfortable with
BTC path/future. I mean, its main purpose is to serve as a currency, however, it is now being used as store of value.
As we all know, it's much cheaper to buy something with credit card (including currency conversion) than to buy with
BTC and pay ridiculous high transaction fees. If this continues, how will
BTC maintain its value if it lost its main purpose (serving as currency?) Or will it just become a collector's coin (something to brag about to the rich in the future having a
BTC in your wallet?)
What if an altcoin pop-up with actual developers that can solve all of
BTC issues? Then what will happen to
BTC? This is my worry.
I mean seriously, 12 years now and
BTC still can't fix its own issues? Really? Maybe Elon Musk did this move to add pressure on
BTC community to fix its issues soon to become mainstream? Who knows.....