I applaud you because you are one of the rare people who are still trying to protect the original purpose for which bitcoin was created . But I also disagree that you're trying to blame ETFs for turning bitcoin into an investment and not a currency. Because obviously we've considered it an investment since it was created and not because the ETFs have turned it into an investment. If you want to blame, blame the original investor, don't try to blame the government or any regulations.
But in my opinion , what bitcoin is is not so important , the important thing is that it has been bringing benefits to everyone .Bitcoin is an investment and it is bringing financial prosperity to some people , and that is what we should look at. Don't be too conservative just because it cannot become the world currency as it was originally intended .
Unless you stay away from the Internet or live in a cave (which you don’t because you are on our website, Bitcoin talk), you’ve probably heard about Bitcoin. Though, there are still people who have strong negative views and opinions on what Bitcoin truly is, its legitimacy and whether it’s beneficial to society. Such discussions, however, are meaningful and it’s important for people to know everything there is to know about Bitcoin so that they can contribute to the ongoing dialogue about the cryptocurrency and its potential. There’s always something about Bitcoin that leaves us to ponder. One thing that’s for sure is that Bitcoin is no fraud. Bitcoin talk wants to make sure that people are well-educated on the topic of cryptocurrencies and Bitcoin specifically and know the facts before questioning its relevance.
I don’t think anyone here would want to deny that Bitcoin has not been useful to them one way or another, many benefits Bitcoin has brought into this era. With the many protocols and restrictions set by the government over Bitcoin should be enough sign that it wasn’t going to be easy on Bitcoin, why because it set as a competition to their fiat which is bad business to them. It going to take the government a while to fully adopt this new technology. Technology change over decades, when the internet began, it’s impossible to say for certain, if the internet can revolutionize the computer and communications world like nothing before. The invention of the internet is not limited to, email or social media, in fact, over years Internet represents one of the most successful examples of disruptive technologies in shaping the business like big data, the cloud, IOT, robotics, or even artificial intelligence. Blockchain is next big thing.