Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin FAILED?
by
Innerpumper
on 12/12/2020, 04:30:05 UTC
We have all heard the story of the pizza guy getting paid in BTC, yet some 10 years after Bitcoin was made, hardly any shops accept BTC in the great scheme of things.


It started off as a project that would enable the regular guy with a modest pc to mine BTC, now you need a huge farm to be able to mine effectively.


Bitcoin is getting further and further away from the guy in the street, and is now some rich hedgefunds 1% elite plaything.


What is the future of Bitcoin in your view, will it render itself useless and be taken over/killed by a better suited cryptoproject, or are we stuck with it??

Bitcoin's fully decentralized concept of bitcoin satoshi nakamoto disappeared, now bitcoin is developed by miners and communities. I think as long as there are still coins that imitate the concept of bitcoin during that time bitcoin remains, don't you see the current bitcoin #1 in coinmarketcap in recent years?