Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin gradually turning away from its purpose?
by
Kevystia
on 23/10/2024, 17:44:24 UTC
Like the title explained it all when sighting towards the speculation or trade discussion section I mostly found out that lots of people are gradually turn away the purpose of bitcoin to mainly investment purposes and I mean to asked, was bitcoin created for investment purpose or it's for peer to peer to alternate fiat?

I would love to see different versions of input.

You raise an essential point. Originally, Bitcoin aimed to be a peer-to-peer currency, enabling transactions without intermediaries. However, it has gradually evolved into an investment asset, which raises the question of whether this transformation hinders its adoption as a means of payment.

It is concerning to see that the speculative use of Bitcoin has taken precedence, moving away from its initial goal of providing an alternative to fiat currencies. This raises a crucial question: how can we encourage its use as a currency while preserving its investment appeal?

Finding this balance will be crucial for Bitcoin's future, as it could fully realize its potential both as a payment tool and as a store of value.