Quote from: avikz on January 02, 2022, 03:51:00 PM

Quote from: A62662 on January 02, 2022, 09:13:10 AM

Is it just my impression or is interest in Bitcoin going down rapidly? One of the top recent threads is "Btc is boring".
Most of the other threads is mainly about hodlers trying to convince others to buy BTC, kind of reminds me of some random MLM forum rants promising riches and little to no substance.

Bitcoin is a currency and not an investment. However, the fact is that bitcoin is unfortunately marketed as an investment by many centralized exchanges across the world. All of them have branded bitcoin as the best investment choice of the decade and trying to convince people to invest in it. Some are even running bitcoin deposit schemes. This is incorrect and can fire back at any moment. So bitcoin is not irrelevant to the normal people, rather the packaging of bitcoin is irrelevant here. It is a currency system and it should have been marketed in the same way. Which is unfortunately not happening!

Not all that many use it as a currency, hardly anyone really due to high cost and being slow. Its more popular as a hedge against inflation, but then again so is art, gold, old rare stamps, old rare coins, (fairly priced) stocks, property etc.