Quote from: xIIImaL on October 22, 2017, 02:23:39 PM

Quote from: baedrill on October 22, 2017, 02:16:23 PM

People will always be quick to say how bitcoin provides opportunity and wealth and that those are its main contribution to society. I beg to differ though. Bitcoin revolutionizes the way transactions work as it completely removes the trust factor. It set off the rise of other cryptocurrencies, which are really pushing innovation to be able to overtake Bitcoin. It serves as both the pioneer and as a paragon that spurs competition. The ideals behind it and the effects they brought about is Bitcoin's true contribution.

To being anonymous bitcoin transaction is widely used by the whales and corporate leads so it does not break the trustful factor of bitcoin.
You have to understand that since bitcoin's price and market supply is highest value price graph none of the altcoin will surpass the bitcoin price and its potential.
Real contribution of bitcoin is decentralized society which helps us work independent to manage finance without any government regulations.

I agree with what you said. Though you cannot completely remove anonymity of transactions due to its decentralized nature, the opportunities it provide to all individuals, regardless of their social status, supersede that condition. In-line with its nature, the government of each country cannot impose regulations through tax impositions and monopolizing supply status in order to control the price. Bitcoin is open and free to anyone who have stable internet connection (though this might be considered as a hindrance to its development).