Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin for the people or for the corporations?
by
Ravion
on 18/11/2018, 17:15:17 UTC
maybe at this time bitcoin has not been fully known by everyone and there are still many countries that have not provided the legality of crypto currencies and that which is still being used by certain people and for companies
yes you are right, but not all people in this world will work and know the world of cryptocurrency. because the way people get money or success is different. I think it all takes a very long time for all companies and people to know what the benefits of crypto are for the country and for someone.

The issue could be that if people start relying on companies for storing their Bitcoin, instead of keeping and storing it themselves, it won't be much different than the traditional banking they were doing before they started using it. The main purpose of Bitcoin was originally for it to be an alternative to banks.
One of the main reasons why corporation started paying so much attention to it was the launch of the Bitcoin investment products in the major exchanges, which kind of legitimized it for them. But perhaps the good thing about it is that it means they think Bitcoin has a future. If they thought it was just a fad they wouldn't spend any money on it.