Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin as the leading way...
by
Pursuer
on 01/09/2018, 06:46:19 UTC
⭐ Merited by aoluain (1)
Just amazed about the situation of bitcoin nowadays, despite of the decreasing price of cryptocurrencies still more countries are now ready to adopt bitcoin.
a "country" is not adopting bitcoin, unless they throw away their fiat and use bitcoin as their national currency which is not happening.
what is happening though is that people are adopting bitcoin because it is useful and then the country regulates its usage to prevent chaos and illegal activities. and people aren't adopting bitcoin because of its price, they are adopting it because of its utility. the "price guys" are speculators that come and go, they don't shape the long term.

Quote
Could it be really possibly eliminate the middlemen? Please share your opinions.
yes of course! when you use bitcoin you are doing exactly that. but it is not killing the middlemen like banks for example because again banks are providing utilities and because of that they are still used.