Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is "dying".
by
Aanuoluwatofunmi
on 18/05/2023, 12:50:59 UTC
Hello everyone. I don't want to sound pessimistic, but it looks like bitcoins ideas are dying.
If the bitcoin protocols does not changes, the blockchain does not go against it consensus and the value of bitcoin does not go to zero worth, then nothing to fear or get scared about.

Bitcoin ideas and work done are completely finished products that needs no addition or subtraction frombthe system with the use of blockchain technology, there may be volatility anyway but that doesn't change anything concerning bitcoin being what it is not.

it looks like crypto right now is moving to centralization and control over our funds.

Every other cryptocurrencies are centralized cryptos except bitcoin, so i assume you to have known this before now a d your bitcoin is your only when you make use of a cold storage in having your bitcoin

Bitcoin is just an asset to people and I don't see how everyone can use it as a currency.

It's an asset when you invest in it, hodl it and later sell it, you would have realized some profits, bitcoin is a currency because you can use it as a medium of exchange for goods and services, that's why it's called a digital currency.