Agreed. I don't see a problem in this tho. I like tennis, should Djokovic have to play my level?
Discussion
I'm not saying it's a problem either. All I'm saying is that those people will have to find an alternative solution to store their value. Also, real bitcoin (non-IOU) is not a very good medium of exchange for small, everyday transactions due to transaction fees. For this, people will have to find an alternative or accept counter-party risk
I bet they'll use custodial LN before silver coins. Not sure how this is going to play out on a large scale. Probably fuck around and find out kind of tech. 😂
True. There is no "one size fits all." People will use a variety of assets and IOUs for spending and saving. The most useful with the least amount of risk will rise to the top