Post
Topic
Board Bitcoin Discussion
Re: How do you measure the success of Bitcoin?
by
bling-bling
on 29/11/2018, 23:34:05 UTC
I see a lot of obsession with price on these forums. In my opinion, price is a distraction from BTC becoming a success. I measure BTC success on ease of use, levels of adoption, and scalability. Along with decentralization, these should be our obsession.

I also think we should keep the original goals in mind. We need to undermine and even destroy the relationships banks have wirh governments. Let's not forget they are the engine of elitism.

I'd rather see $100 btc that is accepted by millions of retailers and is used regularly than a million doller BTC that is a false store of value.

How do you measure the success of BTC?
Mass adoption or usage across the globe determines BTC's success. You are correct, Bitcoin can be worth a 100 bucks...or even just a dollar, if it is used massively in majority of nations, that would be a determining factor for success. In other words, it is not the price that would determine success, but the acceptance and the volume of circulation.