Post
Topic
Board Bitcoin Discussion
Re: Hard to swallow pills about Bitcoin and Blockchain
by
CODE200
on 24/01/2021, 16:27:57 UTC

Are people really in the industry for the money? Is this the reason why adoption takes such a long time?

I guess people in this industry are not primarily into money, but also to the benefits. But I would agree if it is the reason why many people stayed. Bitcoin, a digital currency in its nature, is now considered by many as a profitable investment. Currency as an investment? This is already enough to explain my point. Its volatility makes it different to other currencies both in digital and physical world. No matter how we view its benefit such as being free of tax, faster transaction and such, being profitable will still be on top. So I guess, this somewhat is making sense. Not in the aspect of adoption because that is another story concerning government policies.