Twitter founder Jack Dorsey recently said that the Bitcoin community should focus on scaling payments in order to remain relevant. “I think it has to be payments for [Bitcoin] to be relevant on the everyday,” he told Haley Berkoe on the 21 in 21 podcast.
I disagree.
As someone in the trenches with Bitcoin builders, who also talks to market-makers and investors, I fundamentally disagree with the idea that payments are the path forward for actual Bitcoin adoption.
The only way to grow Bitcoin’s relevance is by creating more functionality for everyday users to do something with their bitcoin that doesn’t involve selling or sending it away (i.e. hodling). That’s especially true on the institutional side, where a good corporate strategy involves more than just holding BTC on a balance sheet.
Bitcoin is a generational asset. Understanding that most holders don’t plan to sell, you have to look at how you keep the chain healthy. As the rewards for miners shrink each halving cycle,
We współpracy z: https://www.coindesk.com/opinion/2025/04/10/bitcoin-is-not-a-payments-platform
