Exactly spot on my friend!!ππ
Even when I DCA bitcoin Sats, the price oscillation just gives me more bang for my buck!!ππ€
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That's fantastic that you notice the benefits doing it that way too, and it's never a bad time to buy sats! πππβ¨π€
Absolutely my friend with only 21 million hard cap, itβs always a good time!ππ
Indeedy, though did you know that one of the core devs for Bitcoin is proposing to create new inflation? In other words, he wants to remove the 21-million hard cap. πππβ¨π€
I didnβt hear that, I donβt think that would get much tractionβ¦β¦..
At best it would create another hard fork like BCH and the main chain would keep ticking along πβΊοΈ
That's the thing, this idea has been pushed higher into the conversation, and that it's being proposed by one of the core devs that develops the BTC blockchain, that's a bit concerning. These are the same people that chose to keep the block size small, which then makes high transaction fees necessary, and that basically crippled BTC's native use as a way to pay for goods and services, especially those with low value, since the transaction fees would exceed the price of what is being purchased. That's the reason that BCH forked from BTC, to stay true to the BTC white paper that Satoshi Namamoto wrote. πππβ¨π€
The lightning network helps this situation a bit, I have experimented a bit here and there with different lightning wallets they still have their quirks and they're not as truly as decentralized.......
Fees, we will definitely be a challenge in the future!π
Yes, I have as well, and it does have issues, one of which is the less-decentralized nature that you just mentioned. That is for sure, especially after the last Bitcoin is mined, then transaction fees will be the sole way to incentivize the running of nodes. πππβ¨π€
Very true my friend..... it will be interesting to see how this plays out in the end!ππ