Post
Topic
Board Bitcoin Discussion
Re: Understanding Bitcoin's Potential Realistically
by
eightdots
on 14/07/2023, 23:07:39 UTC
While we all share a belief in Bitcoin's potential it's crucial to strike a balance between optimism and realism. Placing Bitcoin as a sole savior in solving all the world's problems might not be a practical approach. We should all remember that Bitcoin at its core is a currency meant to serve as a decentralized medium of exchange. We should not bother it with unrealistic expectations.

 we must also recognize that not all countries will readily embrace Bitcoin regardless of its undisputed qualities. Governments tend to have different perspectives on Bitcoin and some may be hesitant to change their existing views and regulations. The acceptance of Bitcoin on a global scale will likely be a gradual process spanning several decades to reach its full potential.
Unfortunately many of us may not witness its complete realization and we should remember that while Bitcoin holds remarkable promise and has the potential to shape our future let's approach it with a sense of realism. We can appreciate its transformative power while understanding the challenges it faces on its path to widespread acceptance and maximum impact.[/left]
I like that this topic is meant to distinguish between Optimism and Realism because I have read topics too on this forum and listened to some other people not on the forum about how bitcoin will solve all the problems of the world, which is big misconception. The realistic approach and mindset to bitcoin will keep you bent on what is possible with bitcoins and what will not. Bitcoin will offer a solution to trade without borders, promote non dependence on banks and government system, but it will not automatically solve all the problems of the world.

some people are being exaggerated on what bitcoin will do to humanity. but we need to be realistic, that is right. be grateful that the scope of its market is continuously expanding. more and more people are trying to participate in this market, either for short-term gain or long-term.
and be happy that this is being used as payment method, remittance, investment asset and others. however, only few of these coins will survive long as most are created for the hype and pocket of the devs.

Bitcoin offers many advantages to its users. As time progresses and the area of use increases, many people around the world will benefit from these positive contributions. However, this does not mean that bitcoin will solve all problems. But if it even solves a problem, it's better than solving no problem at all.

We should always be realistic, but dreams sometimes contribute to the formation of reality. Therefore, the potential of bitcoin was previously dreamed and is now being realized.

So, based on a realistic infrastructure, let's try to achieve good things for bitcoin's progress.