Quote from: Anyone on December 12, 2013, 11:33:44 PM

From what I think I understand, if peeps are treating Bitcoin as a commodity (like gold etc) then they have missed the whole point of Bitcoins...

Satoshi must be so proud right now, instead of replacing money, we use Bitcoin to make more money.... Doesn't make sense. If we were actually serious about Bitcoin replacing government owned paper moneys, then Bitcoins need to be used, spent, circulated and incorporated into our daily lives, otherwise its just another software program to use to make money. No different to any other "get rich" type software - A very sad outcome for such an amazing concept.

I would be curious to find how many people on this forum are in it to make more money, supporting the centralised banking system, and how money are here to escape the bankers, hoping for something better? Can you realistically see yourself using Bitcoin for your money dealings in the future?

If this attitude becomes the most prevailing (the idea of Bitcoin as a commodity) then Bitcoin as a currency is doomed. A few fat cats and lucky geeks will make a bundle, and the vision of a decentralised currency dies as yet another good idea ruined by our own human greed.. (in my humble newbie opinion!)

That's not entirely true, bitcoin the currency can be used side by side with FIAT for example to fight iper inflation.
At the moment is very difficult to buy cryptos and only a fool would spend mined coins seeing the long term trend.
And how would you deal with irreversibility with internet transactions?