Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is Really Meant as a Peer to Peer System
by
squatter
on 08/01/2019, 20:08:19 UTC
Thoughts everyone. In general we really should be focusing and promoting the original vision of Bitcoin and Crypto as a Peer to Peer system. Vs as a means to invest in to get more FIAT. The Fiat system is a failure, so why should be keep feeding the bear.

Don't you all want to get your economy back and become more independent from central control.

I sympathize with your point, but it's impossible to separate Bitcoin's network value from greed. Its scarcity of supply means that as demand rises, so does price. Inevitably, that means speculators entering the market to capitalize on those gains.

It's not just about gaining fiat money either, but about purchasing power. At some point, Bitcoin will hopefully become a popular unit of account with its own self-sufficient economy. At that point, holders won't need to sell for fiat money to realize gains. They'll be able to spend their bitcoins for anything they need.