Post
Topic
Board Economics
Re: IS ADOPTION WHAT WE REALLY WANT?
by
dE_logics
on 20/05/2018, 02:49:25 UTC
too many cryptocurrency and people seek adoption and get excited when big service start using it (amazon,..) but do you really think that the gouverment and banks would stands by and loose its control ,of course no they will find a way to centralize it
in that case how would the world economic lool like ?
isnt in the very notion of adoption that we loose Satochi vision the very notion that crypto is built on? 

I agree. In order for something to mature, it must conform with the establishment. That is exactly what Bitcoin will have to do to be accepted. But doing this will jeopardize the philosophical principles that led to Bitcoin in the first place. It just depends on how this takes place. If it becomes little more than a digital form of fiat currency, then there isn't much unique value being provided. I think of the major selling points of Bitcoin as being decentralized and free from the manipulations that fiat currency is subject to. Maybe other people appreciate Bitcoin for other reasons and don't mind these things. But I would think that with these things, there would be less value in Bitcoin and its being subject to (possibly quite arbitrary) manipulations would make it of even less value.