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@pickingunicorns

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A few tweets about the significance of P2P payments in #cryptocurrency and why interoperability with traditional financial rails is key to reach mass adoption.

In the early days, the #bitcoin narrative evolved around P2P payments. We needed a digital equivalent of cash.
This was inspired by the role of banks in the 2008 financial crisis.

IF #BTC would become the currency of the internet, as a result it should be valuable.

Since then, this has changed into a #HODL and #BTC = #Gold narrative. Scarcity brings value.

Where in the early days people wanted to spend #BTC, this has become quite rare. Why is that? There are a couple of reasons.

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Discover and read the best of Twitter Threads about #SPEDN

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