How can Bitcoin rise again for payments? Lightning Network, ZK rollups & even Hal Finney’s Bitcoin bank idea are all promising possibilities
Bitcoin may not be the go-to digital currency for most of the worlds 8.1 billion population today due to scaling limitations, but theres a hoard of developers out there hoping that one day it will.
When Satoshi Nakamoto invented Bitcoin, it was meant to be a peer-to-peer electronic cash system. For a few years, that worked pretty well. But as the network grew larger and more valuable, most hodlers, which now include firms like MicroStrategy and BlackRock, just seem to want to hoard it all away.
Bitcoin payment naysayers point to the networks slow transaction speeds and sky-high fees during periods of demand and note that its overall uptrend and volatility mean holders are more likely to salivate over future gains than spend their BTC.
