Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin FAILED?
by
Khaos77
on 25/12/2020, 00:48:44 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 will be for the rich elite, no one else will bother with it, because it is priced out of the range of any but the ultra rich.

Can anyone mine Bitcoin.  No, only the rich elite.

Can anyone buy or sell bitcoin.  No, AML/KYC laws are increasing to the point access is limited, based on ID & Photo submission.

Transacting in bitcoin, has become overly expensive compared to all other traditional methods.

In the final outcome , only rich elites will own and control bitcoin,
but they will allow the poor (everyone else) to purchase their fraudulent Lightning Network Notes, to use instead.  Tongue
As time passes, LN notes will become the newest fractional reserve bullshit to continue mankind's enslavement.

And their you have bitcoin's real path laid out , as they had intended from the beginning.