Bitcoin will fail if it is just a “value store.” Michael Sailor could not differ more – DL news

For years, Bitcoin preachers threw and turned precisely the state of the higher use of the system. Is it digital gold, online payment system, or just other risks?

Jack Dorsi, CEO of Block, opened fire again this month when he suggested that Bitcoin was sentenced if he was not more than one of the speculative assets.

“If it ends as a valuable store and nothing more than I do not think it is gaining importance at all,” it is He said On Bitco News.com.

“Payments should be relevant.”

“At some point, I hope that Bitcoin realizes that this space is more than just sound materials and X spaces and” the number rises. “

– Nicholas Gregory

It may be a little surprising that Dormy offers this argument given that Block, previously known as Square, is Fintech that deals with points of sale and plans to integrate bitcoin payments into its model.

However, Dorshi’s views have a great weight in the world of encryption because it was sick on Bitcoin at the dawn of the Blockchain era and was a strong and studied defender of the highest encoded currency since then.

In fact, just a few weeks ago it was Dori Tag As Satoshi Nakamoto, the mysterious Bitcoin Creator, who has long been denied.

“Jack has a point,” said Elie Nagar, CEO of BraiIins Braiins.

“It highlights an important source of concern: If Bitcoin ends purely as a negative store for a value, without useful use of the series, then he risks the weakness of the structure of the incentives that secure its network in the long run,” Nadar said, Nagar said. DL news.

Over the past few weeks, the Bitcoin network processes the sizes of the historically low transaction.

The full mass, which includes a set of transactions that have occurred in the last ten minutes, will include usually from 2000 to 3000 transactions.

But these days, the blocs that are less than 1000 are common.

Only this Tuesday, one bloc had 55 transactions, while others showed 123, 324 and 423 transactions, according to Mempool.space.

Last week, one block had only one treatment.

“The Pizza Guy” problem

According to Jameson Lopp, Cto of Crypto Custodian Casa, there are two reasons behind non -use: tax accounting requirements for purchases and inconvenience to regular transactions.

In addition, “no one wants to be a pizza man,” he said DL news.

LOPP refers to Laszlo Hanyecz, one of the first Bitcoin users, who bought a famous pizza for 10,000 Bitcoin in May 2010.

This pizza now deserves up to $ 800 million. So why does anyone bitcoin spend anything?

“It is like” pushing me with gold. Pay to me with Picasso. ” ‘

– Michael Sailor

According to the software engineer, Nicholas Gregory, the Day of Judgment is close.

“Empty blocks,” is He said On March 31 on X.

“At some point, I hope that Bitcoin realizes that this space is more than just podcasts, X spaces, and digital” number “. If we don’t get people who use Bitcoin for real trade, the game has ended.

“It is not a currency.”

But these opinions collide with the heroes of the other bitcoin, meaning Michael Sailor, CEO of the strategy and Bitcoin Taurus.

Under his supervision, the company known as Microstratei acquired 528,185 Bitcoin, which is now $ 41 billion.

“It is not a currency, it is capital,” said Silor in December 2024. episode From Galaxy Digital Podcast.

He criticized those who share Dorie’s point of view about the need to be Bitcoin as a form of payment.

He said: “There is a lot of Maxis who resemble” no, we want to be a currency. We want to be able to pay the price of coffee with our bitcoin. Pay to me in Bitcoin. ”

“It is like” pushing me with gold. Pay to me in a building. Pay a slice of your professional sports team. Pay to me with Picasso. “

Keys

Silor has He said His personal hideouts will burn more than 17,000 bitcoins worth $ 1.3 billion when death.

Many Pitcoin characters influencing Silor, including American Senator Cennis Lomes, who pushes Bell to create a strategic reserve for American bitcoin.

“Spend the dollars and the best bitcoin”, it is He said newly.

“Payments should be relevant.”

– Jack Dorsi

The discussion must be intensified in the coming months.

Many investors who bitcoin for the first time via Funds circulating for exchange It may be presented last January through its fluctuations with the Donald Trump’s Diffles Capital Markets tariffs.

Many others may be amazed when they learn that despite the exceptional declared, Bitcoin moves alongside arrows, which tends to fluctuations much less and represent something tangible – in a public company.

For the world Michael Celes, that’s all normal. This is the extent of bitcoin, which has Holded in value 11 times In the past five years, it has performed. So you get used to that.

For Jack Dorsi, this is not good enough. The most deep penetration in financial technology this century should behave like a turbocharged charged technology.

Pedro Solimano, market correspondent is based in Buenos Aires. Do you have advice? Send it by email in psolimano@dlNews.com.