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RE: The Bitcoin Vs. Bitcoin Cash Debacle - Jeff Berwick on World Alternative Media

in #jeff7 years ago

Jeff makes a great point if btc is digital gold we still need digital cash. The path bitcoin core has decided to take is not great. People always talk about banking the unbanked but bitcoin cant do that because its just to expensive.

I think digital cash has to be affordable for people who live on under $2 a day. It has to be able to facilitate micro payments. If bitcoin continies on a high fee strategy it will only be a tool for the extremely wealthy.

I dont think that was Satoshi's vision.