Home Bitcoin Community Banks Improve Bitcoin Adoption – Bitcoin Magazine

Community Banks Improve Bitcoin Adoption – Bitcoin Magazine


This is an opinion editorial by Leo Weese, co-founder of the Bitcoin Association of Hong Kong, where he has organized Bitcoin meetups since 2012. Since March 2021 Weese has been technical content lead at Lightning Labs.

Over the years, Bitcoin has continually proven itself as a robust asset with a predictable supply that can be swiftly transferred instantly for a low fee over the Lightning Network.

Despite its inflationary shortcomings, the U.S. dollar remains in strong demand. Having lost 90% of its purchasing power since the 1950s, it remains an attractive store of value and unit of account. In times of small profit margins, living paycheck-to-paycheck in a world where goods, rent and wages are priced in dollars, going 100% into bitcoin is risky.

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