Post
Topic
Board Bitcoin Discussion
Re: Why was BITCOIN invented?
by
Despairo
on 18/03/2023, 09:58:22 UTC
I agreed on that part that we are moving away from the original purpose of bitcoin. One of the big reasons for that is the lack of adoption and acceptance of bitcoin as a currency but hey at least we are keeping and collecting bitcoin as an asset now and waiting for the right time.
The adoption of bitcoin is good enough and I disagree with you that there is lack of adoption for it. You can say it about 10 years or 6 years ago but now, adoption is good enough.
He was talking about the adoption and acceptance of Bitcoin as a currency, not the adoption about Bitcoin as a commodities because both of them are different. Most of countries are accepting Bitcoin as a commodities, you can trade, buy or sell Bitcoin, but most of countries not allow their citizens to use Bitcoin as a legal tender where you spend it directly to buy something.

When you use Bitcoin as a legal tender when your government doesn't allow it, that's considered as a crime for them.