I agree. I think the limitations of the size of the bitcoin user base adds an additional challenge. Any new project (app, artist, creator, etc) seeking to monetize is going to run into struggles at first and need to rely on their biggest supporters to get them off the ground. When the pool of potential supporters is limited to only people who know how to use bitcoin, that shrinks the available funds for new projects. The catch 22 is that bitcoin is perfectly suited for a decentralized network like this. More people have fiat to spend, but that also introduces kyc and other potential regulations.

Reply to this note

Please Login to reply.

Discussion

No replies yet.