Quote from: crypticj on Today at 03:47:35 AM

Quote from: death69 on May 25, 2023, 05:14:09 PM

Absolutely, there's this gigantic misconception floating around Bitcoin like a bad smell. Folks see it as this magical money maker due to its wild price swings, which, don't get me wrong, are pretty thrilling, but they tend to paint an unbalanced picture.

We can dial down this trend by hammering home that Bitcoin is not just a wild stallion in the financial rodeo, it's more like a chess game that demands a good grasp of the rules and a cool head. And, Bitcoin isn't just some digital version of gold bars; it's a whole new tech species with the potential to give our financial systems, and society at large, a serious makeover.

Blockchain technology, the heartbeat of Bitcoin, has a lot more going for it than just making you feel like a millionaire overnight. It's a fresh spin on securing data, enabling peer-to-peer transactions, and a lot more. So, the question we should be asking isn't "How can I get filthy rich with Bitcoin in record time?" but rather, "How can this tech wizardry help us build better, stronger systems?"

AGREE! I think a lot of people that are new in bitcoin only know it as magic money!
When I read treads I created, I see people saying "yes, bitcoin is just an asset, not currency" almost always. It's crazy that people forgot that bitcoin IS a currancy that should be freely used without banks or any other institutions. But people who just want to make a quick $ are happy with what is happening and support ANY regulations as long as they can trade bitcoin to buy another lambo and they don't care that because of that we are moving further away from what bitcoin should be.

Looks like greed kills bitcoin.

I disagree, I also consider bitcoin an investment rather than a currency, and I don't see anything wrong with it being used by many as an asset. Depending on the needs of each person, you cannot force everyone to follow your thoughts. Like you use real estate to build a house, but I use it for business. In your opinion, am I using real estate for the wrong purpose, or are you? We should use it according to each case and need, bitcoin is a versatile asset that is being used very well by everyone, while you can only complain and not get any benefit from it.
One more thing, none of us support regulations, but regulation is inevitable whether you like it or not.