Post
Topic
Board Bitcoin Discussion
Re: What has changed? Is it moving forward?
by
pushups44
on 04/03/2019, 02:51:15 UTC
Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction

It has not changed much in over the four years you were away. The adoption has increased and also attention from government and external industries.
Bitcoin is not slowly replacing fiat, I do not think it is meant to replace fiat currencies.
It is an alternative currency

I agree that not much has changed since 2014, though we are seeing the development of scaling solutions and increased institutional interest. The philosophy underlying cryptocurrencies and the price volatility are pretty much the same. I would say the same market dynamics are in place, but we are much further along in the industry's development.