Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin still a people's currency?
by
kryptqnick
on 27/12/2019, 18:30:51 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.
I still believe that Bitcoin can help if fiat (just the main ones like EUR and USD will do the trick) collapses all of a sudden. However, there are some issues developers have to work through for Bitcoin to be actually useful to a big number of people. I don't understand where silver coins come from. I mean, why do you think people will turn to them in a Technotronic era where digitalization takes over everything it can. Moreover, carrying coins is just annoying and uncomfortable, and a lot of them can weigh a lot, one got to count them every time to give them to someone and they can spoil over time.