According to @kwok_phil, Bitcoin was designed as peer-to-peer electronic money but has not achieved that role to date, highlighting a live adoption debate relevant to positioning in BTC versus payments-focused crypto assets, source: @kwok_phil (Twitter, Aug 11, 2025). According to @kwok_phil, this viewpoint serves as a sentiment data point for traders weighing the medium-of-exchange use case against store-of-value narratives when assessing exposure and timing in BTC and payment-oriented coins, source: @kwok_phil (Twitter, Aug 11, 2025). According to @kwok_phil, traders can respond by closely tracking market reaction specific to peer-to-peer payments narratives—such as shifts in spot and derivatives volumes, funding, and social discussion around BTC and rival payment assets—to gauge near-term rotation risk, source: @kwok_phil (Twitter, Aug 11, 2025).