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Maryama 🎩 🎭
@maryama
A new report from Breez suggests that Bitcoin is returning to its original role as “digital money.” The Lightning Network, which offers faster and cheaper transactions, is at the heart of this transformation. More than 650 million people around the world now have access to Bitcoin, including users of centralized exchanges like Coinbase and Binance, as well as peer-to-peer (P2P) platforms. The report says that in developing countries with high inflation, Bitcoin is shining as a digital currency. For example, the Pick n Pay chain in Africa uses Lightning to process Bitcoin payments. The report also argues that Bitcoin has advantages over stablecoins because it is decentralized and its value is determined by global consensus. However, most Bitcoin holders still hold it more for investment than spending.
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