Quote from: ClaimResolverGod on July 25, 2020, 08:37:24 PM

Quote from: Lasky366 on July 25, 2020, 02:56:19 PM

BTC not any currency but surprisingly it's real money anyway. It is actually virtual asset in crypto & reason of this it is essential in the modern digital world. Its also decentralisation and for everyone helps protect wealth in times of rebuild government policies.

What if government shuts down all bitcoin-fiat gateways ?
Can you really use that wealth ?
I like Monero, its more decentralized and private.
But number of paths to convert it to fiat is so limited that it becomes concern.
Governments don't like Monero, so Coinbase and others don't even list Monero.
You can easily store value in Bitcoin only because governments allow Bitcoin and big investors are keeping it liquid.

This is a big hurdle but as people begin to realize they have been deceived and that the fiat system only benefits a few people at the top I have no doubts we are going to begin to see people adopting bitcoin and exchanging directly even if they still use the value of bitcoin in fiat as a reference, this will be a huge paradigm shift and most likely we will need a huge crisis for this to happen but the more you think about it the day that crisis will come is getting closer as governments keep printing money in order to solve their problems.