Post
Topic
Board Bitcoin Discussion
Re: Barriers preventing you from using bitcoin today/advantages of using bitcoin?
by
DougM
on 28/08/2020, 20:01:15 UTC
Quote
but for me it is about usage as a replacement for fiat money.

i don't see it that way. bitcoin doesn't have to replace fiat to be considered "gone mainstream". the bitcoin adoption, or the ultimate one mass adoption is when people have the option to pay with bitcoin if they choose to or continue using fiat if not.
and i have never read anywhere that Satoshi said anything about "replacing". even in the paper it is referred to as something like an alternative method.

as for advantages, i'd say the main thing is the control and power one has when they use bitcoin compared to using fiat where they have to rely on banks, credit card companies,... to have access to their own money. and that comes with a lot of limitations.
You are right, 'replacement' was a poor choice of words on my part....consider instead 'alternative' (I just edited my original post to reflect this)

Satoshi original paper was entitled  Bitcoin: A Peer-to-Peer Electronic Cash System suggesting he envisioned bitcoin to be an alternative for cash, right?

Unfortunately, I do not use nor do I see much use of bitcoin in the USA in this fashion today....hopefully that will change one day.