Quote from: Herbys on October 24, 2018, 08:17:17 AM

Quote from: disappear4ever on October 24, 2018, 03:21:30 AM

We are experiencing a going-down market from the beginning of this year, many speculators left the market & some new visitors coming in, it is not a bad thing - at least the market sort out those true believers who are the HODLers, but what they believe is a great thing or it is just a last virtual banquet? so here are some questions for us to discuss, if the answers are positive, hope it can bring us more confidence and patience to keep us stick to bitcoin for a very long time, here we go:

(1) Bitcoin just a icon or trading tool which is not going to be used by global consumers for payment purpose as a mass adoption?
(2) Will bitcoin become global currency in next 20 years?
(3) How bitcoin can change our society and daily life fundalmentally?
(4) Which industries will be the breakthrough points for mass adoptions of bitcoin (blockchain)?
(5) How long it will take to see the bitcoin price skyrocket to $1M

Any more questions or insights are welcome to follow, I will start as the first answer.

I think that the task of Bitcoin was to show an alternative to the current financial system.

When a global currency is introduced, it will not be distributed to individuals.

"I'm sure that in 20 years there will either be very large transaction volume or no volume."
Satoshi Nakamoto

Thanks for quote from Satoshi, that is really inspiring. But let's assume one scenario that when bitcoin is getting stable (maybe in 10-20 years) & transaction is fast & cheap, like the gold in old times, no need to convert into all kinds of fiat around the world, why not consumers use it for daily life?