Quote from: dothebeats on October 06, 2019, 08:16:38 AM

Quote from: Wysi on October 04, 2019, 09:06:01 AM

We have been through a rough ride but what's next for bitcoin ? It has survived some brutal sanctions which were implemented by regulators but still manages to flourish (sustain), but don't you think bitcoin can earn more reputation by doing something good for the community like donating for environment cause, could pledge to help Amazon rainforest to recover from the recent disaster which will create more bitcoin sympathizers. Don't you think bitcoin community needs to focus on world affair so that we can be a part of mainstream and recognized by people ?

This would never happen. Bitcoin is more of a trading asset/currency rather than a humanitarian tool to help better the world. I mean, wealthy individuals can still donate to these causes using bitcoin, but ultimately it will end up being exchanged to fiat (and cause a small dump, should OTC trading didn't take place) in order to buy things that are needed to rebuild and repair whatever that needs repairing. It's a good thought of donating to something that's actually gonna help everyone in this world, but we all know that charities would rather receive donations in kind or in cash as they would be needing a lot of liquidity to get faster resources and supplies.

It is impossible to happen. And how can we help a disaster if it is being caused by the government itself. Bitcoin community doesn't need to make a name by acting as a hero, by showing the public that we can contribute to them by helping who's in need. For the meantime, we just need to wait for the time to come when everyone will finally acknowledge the existence of bitcoin.