Post
Topic
Board Bitcoin Discussion
Re: Do you Consider the Price of Bitcoin to be More Important than its Purpose?
by
_BlackStar
on 27/10/2022, 20:10:12 UTC
So far, I would like to think that bitcoin has been living up to the expectations of Satoshi Nakamoto despite the numerous challenges it has encountered. Nevertheless, the price volatility has been a huge concern to so many people all over the world. I want to know your thoughts - Do you consider the price of Bitcoin to be more important than its purpose?
Both idea are important, but I'm not a bitcoin adopter who can completely stay away from fiat. The idea of ​​satoshi is certainly very good about payment systems, but due to regulation and opportunities for profit, this mindset is formed among its users.

The price of bitcoin is important because then bitcoin becomes a valuable means of payment. Without a price, bitcoin would not be used as a means of payment [despite not having it at the time of issue] and both are equally useful for bitcoin. In my opinion, the price of bitcoin is more important than adoption as a means of payment, but of course because it doesn't interfere with other innovation.