Quote from: elda34b on December 31, 2018, 01:30:01 PM

Quote from: mashort on December 31, 2018, 12:55:16 PM

3. fiat currencies are increasingly becoming digital but they are not crypto (censorship-free). they could even propel adoption of bitcoin since it will be easier to transfer from one form to another.

Agree with this. I think until people realize the advantage of Bitcoin over fiat (in terms of supply manipulation), we won't see a massive adoption of Bitcoin. Bitcoin will probably stay as a store of value, fiat will be used for daily transactions as usual but their buying power will continue to decrease.

Nevertheless, I choose to believe that if Bitcoin stay for another decade, it will be a very solid store of value for a lot of people.

True, Bitcoin is now 10, each year it stays, it extends its staying power for much longer, if we could use the lindy effect model. but it also plays an important role as a new way of thinking behind money. The idea of decentralized global money will endure, but that does not mean fiat will necessarily end.