Post
Topic
Board Bitcoin Discussion
Re: IS BITCOIN NOW IN A DIFFERENT DIRECTION FROM ITS INITIAL GOAL?
by
Assface16678
on 29/05/2024, 22:03:43 UTC
This may be a question that bothers me in my heart and mind who thinks that Bitcoin as part of cryptocurrency has deviated from its initial goal which was intended to fight banks and I think it has now moved towards a commodity project for example (DeFi, NFT and etc) rather than being a legal alternative means of payment, from that question I want to get enlightenment from all members about whether bitcoin and other cryptocurrencies have changed from their original goals? Hopefully this will be material for constructive and enlightening discussion
I think the part that you said about bitcoin fighting the banks, I think that is not a goal of bitcoin, there are no specific goal or what bitcoin has, it will only be answered by the creator itself nakamoto, but what I think the main purpose or goal bitcoin is to provide new technology and currency that will someday in the future be widely used and possibly replace all currency, not necessarily fighting banks because we all know abolishing banks in the world will be far impossible as all money circulating in a country or in the whole world are happening in banks, without banks it will be difficult for us financially, and bitcoin can manage to have the ability to catch all the problem related to money then that is the main goal of bitcoin, to become the most powerful and know currency of all, and we are witnessing that bitcoin is reaching out to those achivements and that's also thanks to us the investors. Projects such as DeFi, NFT and many more are just another way of helping other people's lives it only proves that bitcoin technology can be implemented in various kinds of earning.