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Twitter Lianchuang: If Bitcoin is just a means of storage of value, it will face failure
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web3资深研究
04-07 10:20
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If Bitcoin becomes merely a means of value storage, it will fail because Bitcoin’s success stems from payments, said Jack Dorsey, co-founder of Twitter and current CEO of Block. However, due to limited supply, Bitcoin has the potential to become the same storage means of value as gold, a view that many people are reluctant to spend their bitcoin because they hope that the asset's value will continue to grow, but Jack Dorsey pointed out that if Bitcoin fails to transition to payments and finds daily use cases, it will eventually deviate from the original intention of the white paper, resulting in ultimate failure.
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