According to the development plan of Nakamoto bitcoin future value may exceed the reserve currency
Nakamoto So mentioned in the first edition of the white paper, bitcoin is operated by P2P electronic cash system mode.
However, due to the bitcoin trading fee is higher, to confirm the time is relatively long, since 2015, bitcoin began to exist in the form of digital gold. In order to let bitcoin get ordinary people of all ages, it must be able to safely handle micro payment service, and ensure low cost.
In other words, bitcoin to beyond the reserve currency value and obtain a broad user base, it must route the Cong bitcoin envisaged in the reference to the development of.
– technically, bitcoin has not come to this step. Bitcoin open-source development community is trying to add a layer of settlement, so it can also exist in digital form and settlement network of gold. Isolation, witness and Tumblebit are lightning network deployed in the bitcoin second layer protocol architecture, can handle small payment for regular users.
From a certain extent, among other digital currency bitcoin and daily use of currency or reserve currency is not comparable. However, if in the future the development of bitcoin can meet Nakamoto 2009 proposed vision (digital cash system), then this comparison will become more meaningful.