Hi! I know this might sound obvious to anyone but I really want to know in what way we can do our share to bitcoin to prevent it from crashing. I am still a Jr. Member and I still don't know everything about bitcoin that's why I am asking some help.
Almost all of us have high hopes that someday we will rejoice with bitcoin so altogether we must do our fair share in order bitcoin to survive.
I wouldn't worry about it. Bitcoin is clearly seeing considerable levels of adoption. And investors continue to support higher prices year after year. Will the price correct, and will top buyers feel pain from investment losses in the future? Of course! Remember 2014-2015, when Bitcoin's death was proclaimed many times? Well, look at us now.
This continued trajectory is expected as long as Bitcoin's network continues to grow. Looking around at all the new users, the burgeoning altcoin sector, the maturing infrastructure and increasing attention from governments and mainstream populations, I expect it to continue.
An existential protocol flaw could surely threaten that, but there's no way to plan for that, and no good reason to expect it.
Bitcoin is a currency, use it as it is. People should stop to see Bitcoin as an investment while it isn't. Most, if not all, of the people who recently took interest in Bitcoin see it as an investment only. They don't even know what is cryptography. Where are the anarchists, cryptographers, cypherpunk, etc...
Talking about Bitcoin as an investment is going to kill Bitcoin ideology and so to kill the mass adoption
I'm pretty sure that Satoshi acknowledged that if BTC caught on in a big way, that they would be worth millions each. How could you expect people not to see that as an investment opportunity? I hear you, though. It's tough to see the old hands getting drowned out by the investor class, who largely doesn't understand or care about decentralization.