Controversial opinion:
Some celebrate low fees, I tend to be more worried although hopeful.
People need to spend and people do not want to spend bitcoin, this obvious for anyone looking at bitcoin. The potential upside is too big. I support spending it but I get why others won't.
We live in a fiat world so most people want to spend fiat save bitcoin.
The switch to bitcoin won't happen overnight as some think it will, it might happen in some banana republic who will of the sudden print their money into Infinity but for most of the world no. It will happen but more slowly.
So we have this issue the chicken and the egg problem. We want bitcoin to be a moe but those who accept it do not get many customers (in general)
So what I think the path forward is and it is controversial is some sort of stablecoin or other way of stabilizing bitcoin payments.
This will encourage more spending while they have their stack for long term payments.
We also need all major fintech apps, cashapp, Venmo, Revolut etc to be able to accept lightning payments but the user receives fiat.
If I'm a bitcoin spender and I can't convince my friends to accept it I still want to be able to spend it, so the obvious middle ground is to use bitcoin as the Settlement tool but my friend get dollars.
Is this decentralized? No it's not. And its unfortunate. But I won't blow smoke up someone's ass. We need to meet people where they are not ask them to sit and listen for saylor for 8 hours.
Make them use bitcoin without even knowing that they are using it. And eventually when they go down the rabbit whole they find out all apps they use like cash app already accepts it and they can if they want quit fiat.
This is why @tando_me will be such a game changer. It will allow kenyans to spend bitcoin everywhere but the person receving the payment will just get local fiat.
Ok rant over. tldr is, do not bitch about users not spending, find out why they aren't and then meet them where they are.
