Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin is "dying".
by
Rampagoe004
on 24/05/2023, 05:38:20 UTC
⭐ Merited by fillippone (1)
The problem is that most of the people in crypto see Bitcoin as an asset like a stock to invest in and then sell later. No one even thinking about the future of Bitcoin as means of currency. Bitcoin was created NOT as an asset, we use it as one, it was created to solve a banking problem and create money of freedom that can't be faked and printed. And somehow people are literally forgotten about this whole point of Bitcoin.

I've read the opinions of several people in this thread. And I think the people who see the positives about Bitcoin from the good news are those who are not seeing the reality of what is happening in the cryptocurrency.

I have a question, how many people see Bitcoin as a medium of exchange and not as an investment asset that is bought at low prices and resold at high prices? I believe that almost everyone sees Bitcoin as an asset.

A lot of news about people who have regretted selling their Bitcoin at the price ten years ago when looking at the current price. Or news about someone who has bought BTC at $10k and managed to sell at $30k? Doesn't that sound like an asset rather than a currency?

Is BTC as a crypto currency currently shifting to become a crypto asset? I doubt that won't happen.