Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin still a people's currency?
by
Bitcoinislife09
on 27/12/2019, 15:28:30 UTC
I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
For now, in my opinion, bitcoin was just an alternative currency since bitcoin has no other uses for buying it was not yet accepted like fiat money in a physical store or even online there are only a few websites that is accepting bitcoin as a payment method so I guess bitcoin was just a secondary currency today. But as the time passes in my opinion bitcoin will be the people's currency surely today the fiat money is what is mainly used but in the future when everything is done digitally I think bitcoin will be a great currency.