Post
Topic
Board Economics
Re: Bitcoin failed to fulfill the purpose it was created for ?
by
eaLiTy
on 25/02/2022, 23:49:13 UTC
We all know that bitcoin is the king and father of all digital assets. Bitcoin was created for 2 purposes.
1. To be an alternative to fiat currency.
2. Stay free from govt control.
There was a narrative created by the users and not by Satoshi himself. Satoshi was not happy with Wikileaks accepting BTCitcoin when other payment systems were rejecting them from accepting user funds and you think he was against the government or trying to avoid attention if they start accepting BTCitcoin payment. BTCitcoin is an alternative but you cannot expect it is a replacement to fiat. The government can control over third party providers and exchanges but not have complete control over the BTCitcoin network.