Post
Topic
Board Bitcoin Discussion
Re: SEC Chair Gary Gensler - Bitcoin is unlikely to become a currency
by
BALIK
on 10/10/2024, 11:46:52 UTC
Even though none of us like Gary for what he has done for the crypto industry. But we should be realistic and accept the fact that turning bitcoin into a currency is a difficult task and the chances of it happening are almost zero. Look what we did with bitcoin, Satoshi created bitcoin to be a peer to peer currency, but from the beginning, we turned it into an investment, we were attracted by its volatility and felt happy to make a profit from it. And now we want it to become a currency?


The main reason we are here is because of the profits that bitcoin brings, there is no greater reason than that. I wonder if Bitcoin becomes stable and becomes a currency how many people will continue to stick with Bitcoin? If we are being honest with each other, I believe that not many people will be happy if bitcoin becomes stable.