Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin still a people's currency?
by
salty
on 30/12/2019, 20:11:28 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.
It seems to me that the main benefit from bitcoin will not be us but the next generation in 50 or 100 years.Bitcoin is something that many are afraid of like fire.Therefore, the resistance is of course very huge.But we still have a long way to go.