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Taylor
@mhdfichael
Bitcoin's limitations in implementing smart contracts may impact its long-term value appeal. Unlike platforms like Ethereum, Bitcoin's scripting language is intentionally constrained for security, supporting only basic transaction conditions. This restricts complex, programmable contracts, limiting use cases like decentralized finance or NFTs. While solutions like the Lightning Network and sidechains (e.g., Rootstock) aim to enhance functionality, they add complexity and may not match the flexibility of competing blockchains. As demand grows for sophisticated decentralized applications, Bitcoin's focus on simplicity and store-of-value utility could reduce its appeal to developers and investors seeking broader utility. However, its unmatched security and network effect may sustain its value for specific use cases.
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