Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin will never become mainstream
by
bitcurve
on 30/11/2024, 06:45:58 UTC
I think that bitcoin will never become mainstream due to the nature of it. The only possibility I can see that it will get mainstream is via centralized parties, like easy-to-use exchanges managing the users coins.

What are the arguments that support bitcoin will go mainstream? Any argument I can find online is something non-related to bitcoin itself - For example, if the US government buys bitcoin, or Tesla accepts Dogecoin it isn't something that (in my opinion, at least) makes bitcoin more accessible for the arrange non-technical user.

I think bitcoin became a scam not by purpose. see, these days people on social media just tell you to buy it, because it's a currency and its price will go up. but what makes bitcoin a currency? its community? but most of its community just bought it as an investment, not as a currency - as an asset. it's like a pyramid sceme.

Bitcoin does bring some good things to the world, where free (as in freedom Smiley ) digital money is inaccessible, but to the western world, what it brings? gambling? crime? mostly. some will argue privacy, but what exactly is private about bitcoin?

It also grows exponentially in terms of energy and resources needed to operate it, which is a total waste.

Some will argue it's a "new kind of global currency". but again, most bitcoin users don't use it for daily transactions. you might say, how do I know that? simple - because all the data on the blockchain is completely public.

And it's overpriced.

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