/biz/ - Business & Finance

Is anyone else fucking nervous right now? We just lost a MAJOR usecase for Bitcoin. As much as we like to say it, we are not a store of value, and I think most of us know inside the only reason for the bullrun and recent run up in price was people realized you could buy Chainlink with Bitcoin, and it was an almost exclusive Bitcoin use case. Now that is no longer true. Fucking Kikebase is denying us a Link pairing. Link will be traded directly for USD and the mETH token, Binance is removing US in 2 months. It's fucking over for us. Buying Link was literally Bitcoins biggest usecase. Think about it, we can't buy a cup of coffee, even blockstream devs tell us to use fiat for that, because it reduces network strain by getting rid of small transactions. We can't buy drugs because Monero stole that usecase from us. We aren't a store of value because we have mega crashes all the time. We aren't a long term hold since Craig is gonna fuck us on Jan 1st. Think about it, the only fucking usecase this coin has had for over a year now is buying Chainlink, and they've taken it from us. People are waking up and realizing this, that Bitcoin now has no use case at all, and the market is reacting. What the fuck are we going to do. We can't just say go into BSV either because they have it even worse, they never had the "it buys Chainlink" usecase and they never will. There is absolutely no hope for BSV either even if Craig is Satoshi. We're fucked. We are all unironically fucked. Bitcoin, Cashies and even BSV Pajeets, we're all fucked. The ability to buy Link was the only thing holding us up, and now it's gone. I guess the real first mover advantage belonged to USD afterall.