Post
Topic
Board Speculation
Re: Does anyone think it will be much harder to buy bitcoin later on down the road?
by
thecodebear
on 21/09/2022, 18:13:50 UTC
Title.

Hi all.

Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?

It'll definitely get much easier to buy bitcoin over time. That's inevitable as Bitcoin continues to grow, more people adopt it, more companies want to make money by offering it, and it becomes more engrained in society. It's already very easy to buy now in free nations - like in the US you can easily go to a number of exchanges to buy, buy on Robinhood, cash app, PayPal, and more. Institutional investors have several options now as well.

Where it should get wayyy easier in the years to come is for the traditional stock market investor to buy through the same service they currently buy their stocks through (their brokerage account or whatever) and to buy Bitcoin anonymously. Buying Bitcoin anonymously now is relegated to a few sites where you end up paying a pretty markup on the price. In the future, as more people use Bitcoin, and as government try to react to Bitcoin's growth more by surveilling it to a greater degree, I'd like to see a lot better options for getting Bitcoin anonymously away from CEXs so that your every transaction is attempted to be tracked by crypto tracking companies and the govt.