Post
Topic
Board Bitcoin Discussion
Re: People Overthink Potential of Bitcoin
by
Poker Player
on 09/02/2022, 07:12:55 UTC
I am not trying to dismiss Bitcoin, But sometimes people have to wake up to the truth.

I Completely agree on this point! People are overthinking and overestimating bitcoin to a great extent. Which is obviously not true! Quite often you will see people saying that bitcoin will take over the world's money supply or become the main reserve currency and blah blah blah. But deep down we all know that's not going to happen!

Yes, I think the OP has got a point. I think more at the beginning of bitcoin history there were more idealistic people than we are now. Today we see the path to mass adoption at the hands of regulations and institutional adoption. Surely this is far from the original idea of Satoshi and others like the cyberpunks.

The good thing about Bitcoin is that we have it available just as societies are moving towards the demise of cash, with the loss of privacy that goes with it. It is a tool we can use for privacy and to combat the fiat money scam.