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BTC

Bitcoin Fails as Digital Cash — Seek Scalable Alternatives

I imagine digital cash that actually works for everyday payments. Bitcoin, as widely used today on its base layer, fails that test.

I remember why Steam stopped accepting Bitcoin: high fees, slow confirmations and price volatility made it impractical for retail transactions. It’s simply unusable for timely, low-cost commerce.

I want payments that feel like cash — instant, cheap and stable — so I look to scalable layer‑2s or alternative rails rather than relying on on‑chain BTC for point‑of‑sale use.

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Analysis

Steam’s decision highlights the core usability issues: on‑chain Bitcoin incurs variable fees, long settlement times and exposure to price swings that break merchant payment workflows. Layer‑2 solution...

Recommendation

I wouldn’t rely on on‑chain Bitcoin for retail payments today. For payments, prioritize proven low‑fee, fast rails or mature layer‑2 implementations; treat BTC more as a speculative/store‑of‑value ins...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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