Quote from: richardsNY on July 28, 2018, 10:16:31 PM

Quote from: carlisle1 on July 28, 2018, 04:08:51 PM

he created this as an currency,to be used as payments for transactions from service to product but now it has been store from all wallets and exchanges

It was heavily being used for payments in the early days, where silk road is the perfect example of how well Bitcoin can function as cash. On top of that, due to the lack of services where you can exchange your Bitcoins for fiat, people kept their coins and just spent it as a way to cash out. Bitcoins were circulating as how cash is circulating right now, and that's how it technically should be. People used it as cash because they understood the technology aspect of Bitcoin and for that reason got excited and kept using it. Right now people's understanding of Bitcoin isn't there, and they don't even bother to dive into it. It's all profits they care about.

Yes, satoshi nakamoto created bitcoin as a currency, used for payment, for us to be free from governments that controlled the currency and banks that put tax on the transaction. But that does not go to plan, we used bitcoin in terms of investments because if we used it for payments we might loose profit if the price of bitcoin increase. We are nature to do the things that will make us benefits in any term, but as what we see, we really need money now for us to live and to be part of society, because if you dont have money, you're just a trash to them.