Post
Topic
Board Bitcoin Discussion
Re: Understand this - Bitcoin is not a commodity it is a working product
by
dothebeats
on 12/08/2019, 17:31:42 UTC
If you understand Bitcoin and the concept, it was never meant to be a commodity. It was meant to be and will always be the replacement of FIAT currency and Financial dependence. It is was never never meant to become a quick way to become Rich.

It simply meant Financial Freedom from those individuals who control our present finance. Who controls them I do not know?

It meant freedom from controlled money and to ease of live.

It was supposed to be that, though of course you can't control a free world with lots of players in it. We all know that money dictates almost everything in this world, and people found out that they can trade bitcoins to fiat and so the rest is history. It was then used as a commodity for the most part but the darknet has other things in mind, and so used it as their primary currency when dealing with other people that wishes to buy stuff illegally. As time goes by, it became clearer and clearer that people wanted to use bitcoin as something to get profits from for the most part, and so the reason why it became a money making machine for a lot of people and why the primary perception by the newbies is that it's meant to make you rich, and not really its initial purpose, which is to serve as an alternative to fiat and to free people from using banks.