Here's bitcoin's best use case right now:
Bitcoin users often point to the hyperinflation in Venezuela as the perfect use case for the digital asset, but it’s worth pointing out that bitcoin is still an extremely volatile asset in its own right . For this reason, some Venezuelans may prefer to peg their bitcoin to something like the U.S. dollar in the Abra app rather than ride the ups and downs of the developing crypto asset market.
“It wouldn’t become a limitation on price because the price can keep going up forever,” said Barhydt. “The limitation is layer one. That’s the limitation. And so, eventually, Abra wallets will also become Lightning [Network] wallets. There will be a server version of the Abra wallet for exchanges and other banks to use and hold synthetic assets — those would also be Lightning wallets, which we’re going to announce soon. And those will all be able to communicate at layer two.
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