Post
Topic
Board Bitcoin Discussion
Re: What do you think of the current status of Bitcoin?
by
adzino
on 12/12/2019, 01:56:49 UTC
Hi, all!

I just wanted to ask what you think we as a community achieved in 2019.

For me every year and every day has been amazing and awesome!!

Although, there are many issues with Bitcoin but considering what it was in 2016 what it is now? Bitcoin is known! Why?

If I only think about the Fiat value of Bitcoin now and what it was 4 years back there is a huge upward swing.
If I think about its adoption then and now there are so many websites accepting Bitcoin.
If I think about Is Bitcoin a Ponzi Scheme there are so many articles arguing Bitcoin legitimacy to those MLM schemes.
If I think about how difficult was to understand this concept, there are amazing articles on the Internet to help you.

I know there are so many reasons but, I cannot recall all of those.

Write it down below if I have missed something.

1. Don't compare price with "last 4 years" (i mean short term period), compare it from like the beginning. You will see on average how much we have developed and the price has increased.
2. Still less. Only few websites are accepting bitcoin directly.
3. Only those who don't understand the concept behind bitcoin, call bitcoin a ponzi scheme. just ignore them!
4. The concept behind the technology isn't some sort of rocket science, so its actually easy to understand if you try to understand.