Bitcoin is perfect money.
Perfect to save + transact in.
Adoption wise, the path I think is most viable is Store of Value FIRST, Medium of Exchange SECOND.
This perfect money will not be adopted if you pitch it as a better way to exchange NOW (people think there are better options).
It WILL be adopted when they understand it is superior savings technology.
(which they later will ask as a reward in the value exchanges they participate in).
This takes time.
Patience.
I sure would like to use it as a medium of exchange with you.... on nostrudel it is greyed... but works on primal. Anybody know what is up with that?
It doesn't have to be a great medium of exchange to be used as such. The fact that you can use your SoV to transact with is a major advantage. You don't have to swap out of your preferred SoV in order to transact.
This is not possible with the widely used SoVs today. You can't buy groceries with a portion of a house or with an Apple share.
This is what many xmr folk miss. It's good to have transaction privacy but it's not a great SoV. I'd rather use lightning or liquid to achieve privacy.
The biggest inhibitor for Bitcoin as an MoE is government imposed CGT. It's not enough to stop people using it but it certainly limits its use.
