I see many idealists still thinking in a future rise. Why? The only real rise of bitcoin was due to a bubble, simply a bubble which lasted all 2013? from that bubble we always thought that was a trend, it was not. We and I were all super enthusiastic. None could forecast that after almost 2.years bitcoin was worth less than before. Tell yourself the truth do not try to convince about what you would like it to be. Actually people are NOT interested in using bitcoin. Yes banks are evil, sure, devil itself, but people like simplicity, many people are...how can I say? stupid and get used to their simple things. Most people do not like to change. And they do not like to risk. There is no real reason why bitcoin should be mass adopted...to do what? Send money to someone, something you could do with very small fees (I can assure you I constantly do bank transfers I usually spend 1 euro whatever the bank transfer is) doing it A LONE with no warranty? knowing that a small minimal error, a hacker, a sudden Loss in value, could make you lose everything or a big part of your money? as you see its nonsense.
There will be neither mass adoption nor total failure. Bitcoin will still be used for some years by some nerds, and it will get slowly less and less valuable until it will be finally forgotten, buried in some history book in the chapter ".utopias". See history. How many utopias (political economical etc) have realised, how many failed soon or.after? I know it's a good dream but we should wake up until it's to late... bitcoin will slowly be forgotten.
He makes sense and this is a completely normal and expected feeling. I share your thoughts and slightly agree.. Granted there is too much in the world, and bitcoin is going to be the napster of money and all of finance. Get used to it.. Will it take few years yes, but in about 10 years bitcoin and block chain technology is going to be used by basically everybody. In 20 years the world will likely be a completely different place
Each century usually begins about 10-15 years after the 1000mark. So the year 2000 was a good year for technology going mainstream, but today we have p2p financial tools that don't need banks at all.. By 2020-2025 we will be entirely cash free, and the shapes and structures of the economy will be completely changes and largely p2p. Corporations will have a much more difficult brainwashing everyone. the successes from the previous decade will allow 2025-2035 spring way ahead in economic, environmental, social changes, political change never before seen, hopefully for the good..
All the noise coming out of washington, CNN, FOX news will largely be gone. The world will hopefully be a wealthy place, with sustainable business practices practiced globally.
World peace should be common place
. Thanks to bitcoin.