When your favorite T-shirt has strains but you have to go out immediately, what do you do? Either wear a new t-shirt (altcoin for bitcoin) for a while or wear that t-shirt and cover with jacket (Lighting Network for bitcoin).
Or you don't go out at all, and this would be the best analogy cause this is the advice everyone is giving out right now, including with the batching of payments from one week to two or even a full month.
That's the worst choice to make.
Bitcoin is the store of value, we can look at litecoin like its supporter in terms of transactions.
Why would Bitcoin keep being a store of value when its litecoin doing the things described in Bitcoin's whitepaper?
Because the first paragraph was:
A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution
and nothing of a store of value.
So yeah, coming back to your previous question, and don't forget this is coming from a bitcoin maxi, right now Litecoin is doing better what BTC was supposed to be.
Things change over time, for me, bitcoin is a store of value too because it's the first cryptocurrency, it's the most supported one, the story behind it is very unique, we don't know who actually created it and I personally think that this currency wasn't created for monetary benefits but to frankly solve actual problems that exist in financial system.
But I think that bitcoin wasn't meant to handly massive amounts of transactions and the creator didn't think about the ways blockchain could be flood and that's normal, you can't consider everything. At the moment, you tell me that Litecoin does better what BTC was supposed to do, so, I don't understand, what's wrong if we use it for transaction? You know my reason, why I store value in Bitcoin and why I stick with it.
Just tell me, what's wrong if we use Litecoin for transactions for a while? Do you think Litecoin will attract people and people will abandon Bitcoin? Yeah, you support bitcoin but you need p2p transaction at the same time without spending half of your money in transactions, how should one behave in this situation?
