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Guys, payment channels are facing obstacles, but I’m still bullish on BTC’s long-term demand!

#Argentina’sCentralBankDoesNotPromoteCryptoForBankPayments

I’m more concerned with whether users have alternative channels and whether the cost of using them rises significantly. Bank integration can lower barriers, while restrictions on integration may create more friction; this needs to be carefully assessed. My bullish rationale is that the functionality of crypto networks themselves doesn’t automatically disappear because of a news report about a banking payment policy.

My view: ETH should be assessed separately as well. What services a network can provide and what services a country’s banks allow are not the same metric. My long-term bullish outlook doesn’t mean there won’t be short-term pullbacks.

$BTC $ETH
#比特币 #Ethereum

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