Post
Topic
Board Bitcoin Discussion
Re: IS BITCOIN NOW IN A DIFFERENT DIRECTION FROM ITS INITIAL GOAL?
by
bettercrypto
on 29/05/2024, 23:32:20 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

Do you think that Bitcoin was created to compete with the banks or governments of countries around the world? Of course the answer is no; maybe it won't have a high value if that was the purpose of Satoshi Nakamoto's creation.

In fact, there are some banks that recognize Bitcoin or include it in their business because of the pros it can contribute to their business concept. It's just that there are others who, when they start looking at Bitcoin in an ugly way, everyone's image will be ugly, even though there are really good benefits to be gained from it.