Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin Deviated from The Vision of Satoshi?
by
harapan
on 02/01/2024, 23:16:58 UTC
Look at the Bitcoin whitepaper once more: a peer-to-peer electronic payment system indeed. Was Satoshi really envisioning a payment system so widespread that it became a preferred way of paying for goods and services? What's happening today? Bitcoin is now more of an investment than a payment tool. In fact, it's as if all the cryptocurrencies are businesses for their inventors, bar Satoshi—a means of becoming automatic millionaires rather than a peer-to-peer payment system. In fact, the quickest way to get rich these days seems to be by starting a crypto project.

Not even the guy that started Bitcoin Satoshi Vision is exempted.

Bitcoin, a peer-to-peer payment system? Nah... more of a decentralized speculative investment platform.

Bitcoin is valuable because it has all the essential properties of paper money: acceptability, divisibility, durability, fungibility (interchangeability), portability, and scarcity.

Bitcoin did not deviate at all.So long as its popularity increased,exposure and indulgence has a positive impact globally,its here to stay.
It's a decentralized currency,a peer-to -version of electronic cash and that's it