Quote from: StanleyBoyle on July 26, 2021, 06:12:31 AM

Quote from: mk4 on July 22, 2021, 05:43:52 PM

You pretty much covered most of it; and I totally agree that Bitcoin's total addressable market is huge, even bigger than gold's. It's just that a lot of people are skeptical of Bitcoin solely because of it being intangible(besides some other things that's mostly because of ignorance). While digitization definitely has it's advantages, it's just that people like shiny good looking things.

My friends around me question Bitcoin mainly from two aspects:

The attitude of the national policy is very restrictive and unfriendly to Bitcoin. Most people trust the government for whatever reason.
The second aspect is their lack of knowledge, they are not good at Bitcoin investment, and the price of Bitcoin is very volatile and easy to be guided by individual people, such as Musk. The final point is that Bitcoin is not in their control. It is better to be a restaurant and have some income every day.

Yes, this is also the current attitude of most ordinary people towards Bitcoin. They believe more in the government's propaganda of Bitcoin. But I believe that this is short-lived. Bitcoin is fundamentally different from gold. The government can pass laws to prohibit the circulation of gold as currency, but the government cannot prevent the circulation of Bitcoin. Bitcoin is truly decentralized and no one can control it.