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2024-08-10 20:29:15

drgo on Nostr: Price going up is bad for bitcoin. We need more scaling solutions ready to go and ...

Price going up is bad for bitcoin. We need more scaling solutions ready to go and potential for profit is what makes the pain of bitcoin worth the effort. The higher price goes, the less upside remains and hence less reason to adopt bitcoin (in part).

But then again, high price increases distribution. But there is still so much work to be done…
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npub1fa8c9prxnrlkdtjl48adfsxyaduz8tas075l2n4f6903y9awjmxqanthnd