Post
Topic
Board Bitcoin Discussion
Re: Are people giving up on Bitcoin too quickly?
by
dimonstration
on 07/10/2020, 14:59:07 UTC
I assume this is the same people who doesn't think Bitcoin as a currency, instead they think Bitcoin is a tool or an asset that could make them rich quicker than being a hard worker in their respective day jobs.
Well, they are part of the adoption, but with different perspective. Sad to say, there might be not half of Bitcoin users who truly supports Bitcoin in general.
Bitcoin is already a currency, people just don't use it as it is, most of us have considered it as a store of value.
Since many people experienced it as a investment when the price surge before and only few ways to use it were applicable that makes it less popular as a currency. Up to now there are only few stores that accepts crypto or bitcoin unlike the normal fiat that are used as currency by many countries, cry2and bitcoin needs more time for adoption, some people or country only just noticed crypto just now due to Pandemic so there's no way that many will just give up their holdings and it's developments.