It's bizzarre to me that anyone can claim that Bitcoin's PRIMARY utility is as a store of value. A store of value does not lose over 80% of it's market cap in less than 2 years.
Bitcoin needs to scale in order to survive. The people who sell bitcoin don't seem to think so. The people who buy Bitcoin absolutely do. Ever heard the saying "the customer is always right?"
I think eventually it will be seen as a store of value. Your "A store of value does not lose over
80% of it's market cap in less than 2 years" statement is taking a selective window of Bitcoin's total lifespan and highlighting its devaluation from the ATH. A similar selective view could be applied to many 'store of value' assets that went through booms and busts in their early days.
Of course it needs to scale and I don't think anyone is arguing it doesn't. You make some good points in many of your posts but I find your constant "scale or die" rhetoric to be a simplistic dumbing down of what is a relatively complex debate (you're displaying similar lines of 'intelligence' to President Bush's "You're either with us or against us" and "the axis of evil" chest beating after 911 and we all know how poorly much of that turned out).
Rather than just painting anyone that doesn't think XT has the right combination of attributes and backing as someone that's against Bitcoin moving forward, perhaps you could bring a little more clarity around the issues at hand to the discussion and dispense with such black and white judgement.
+1
Billy, don't panic my friend, believe me, we will scale and bitcoin will be super-fine.
We are all in the same boat with one target, to reach the higher ceils ever of what we can and we will do it.
As Amph said, we are just in a despair phase which sooner or later will be vanished.
Just give it some time and believe me, we as a people will get there
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make no sense to me
