Quote from: Wakate on November 22, 2024, 06:32:50 PM

Quote from: Thomas Pellegrino on November 20, 2024, 05:06:10 AM

Bitcoin truly is a gift to the world but it could have helped so many more people. It's a shame that it only truly benefits a small portion of the global population. It could've changed the world on a comprehensive societal and economic level.

Any thoughts?

Bitcoin has really changed the way we see currencies and we don't have to always be dependent on fiat currency when we can hold and keep our currency digitally. Since the launch of Bitcoin, we have seen huge market dominance in the blockchain aspect, and now people are seeing good reasons why they have to keep their funds digitally without any third part in between. Bitcoin has really changed the history of money and we are now heading to digital money era where there will be no need to hold fiat currency for us to carry out transactions.

Honestly you really have to understand the reality of Bitcoin and the concept of Satoshi plans for the creation of Bitcoin, Bitcoin should be seen as an alternative currency that is meant to work hand in hand with other currency, Bitcoin is not created to replace or fight against Fiat currency, Bitcoin gives us the total control of our money, you need to understand that not every one is ever going to adopt Bitcoin, perhaps have you thought of those people who doesn't have access to the Internet, so you see there are reasons why we still need our Fiat.