Bitcoin’s decentralized finality is its biggest barrier, to mass adoption
Bitcoin’s biggest strength is its biggest barrier:
Bitcoin is an open cloud ledger with the most trust to date. The decentralized-trust-&-finality (DTF) is its biggest draw but also the biggest barrier to mass adoption as it is seen as too high in risk and responsibility. Also it is not anonymous for most users as their on-ramp is the fiat.
Therefore, a practical approach to Bitcoin is as investment; one which has an exceptional once in a generation (still, as of 12/2020) or even a superlative appreciation potential. A second practical benefit is that it is rapidly becoming the most efficient store and exchange of value in the known universe, limited by the mass adoption and speed(bit slow). But it’s given that it will become ubiquitious (most using custodical services) and a new heirloom class.
For reduced volatility, Bitcoin market cap needs to get above the $1T and to be smaller % of the total coinmarketcap.com so that the price action is harder to manipulate, which has been the norm; then the “fundamentals” can dampen these artificial price actions.
As for the DTF, the Rubicon is crossed. Other fronts: Welcome to the no-hierarchy world and the next productivity tech where every user/member/node has direct access to the resources of the entire network. G.E.T.I.N.N.O.W.