Quote from: brontosaurus on June 16, 2018, 05:03:50 PM

Quote from: TTITA on June 16, 2018, 02:17:48 PM

Bitcoin is on its way to achieve its goal.
Bitcoin keeps trying in the market to achieve its goals Actually, Bitcoin is in the early stages of development and our line is still long. Though there have been hindrances here and there but bitcoin is still marching on to its goal of poverty reduction globally and counter the world unfair financial system where the rich always continue to be rich while the get poorer.
In general, the best public currency is still fiat and the best value is still gold. It's just that you and I are more or less dedicated in crypto, which is why we see the mix. But let's look at the world population and see the number of people involved in it. Not all! This is only partly secondary but the core concept is about using it as a payment system and we do not even have a sole trader who accepts Bitcoin as a payment system in most parts of the world.

Bitcoins main goal was to develop a worldwide payment system without the involvement of intermediaries. I dont think so this goal has been achieved so far and will also be difficult to achieve because people have started using it as a store of assets rather than currency. Also, in order to use it as a currency, very large adoption is needed and some supporting regulations, which we dont have right now. Merely going to 19k has never been the goal of bitcoin or any cryptocurrency.

No bitcoin still has to go a long way.It has started nine years ago.Although there are many users of bitcoin but still many people do not know about bitcoin.Bitcoin is banned in some nations while some nations are supporting it.Bitcoin is based on blockchain technology and has a risk of getting hacked.So it needs more security.It is very volatile and decentralised and is not backed by central banks too.Bitcoin requires internet connection which is not available in every corner of the world.