Re: Bitcoin is not expensive

Quote from: fikrett on Today at 08:29:52 AM

Quote from: SamReomo on January 29, 2025, 11:49:24 PM

Well, we all love Bitcoin because of it's decentralized nature but it's a truth that day by day it's getting more centralized and that's something Satoshi feared as well, but that's how thing work in this world. If we do some calculation then we understand that most of the Bitcoin is now in the hands of the people who believe in centralized systems rather than in hands of those who believe in decentralization.

I know Satoshi owns a good chunk of Bitcoin but he/she/ isn't with us and has given Bitcoin to the community. And, that's also true that now people consider Bitcoin more as a store of value and they really doesn't care much about its decentralization feature. Something like that helped Bitcoin to grow so huge in value, and most of the community that's outside this forum wants Bitcoin to be as centralized as possible.

I do think that BTC remains the same, it's just getting adopted around the world, and it is non-avoidable that bigger institutions wouldn't smirk their assets into it.
After all, what ETFs are for? Wink

And the reserves.. They are for said entities, not for the betterment of BTC, but they are pushing the usability and adoption of BTC through their legal fields.

Adoption and recognition is really that inevitable and if we do tend to compare the past up to this present then we can be able to see and say that there's so much change. This isnt really just that talking about the value but also on the adoption and utility that we do have today in comparing into the past on which this one really shows on how far we've been able to reach up but the bad thing or disadvantage when it comes to possible manipulation since these people or institution which does have that financial capability that they can be able to buy up tons of coins as they want. We do know that they are gradually making up that purchases on which this is indeed great but we do know that in every positive effect then there's that potential negative side too.

Bitcoin isnt expensive since you can be able to buy in fractions or will really be that according into your budget but if you are thinking about buying a whole coin then not all will really be able to achieve or acquire it on which basing up on the price or value then almost everyone wont be able to afford it and this is why buying in fractions will really be the best thing that you should do specially if you are really that having a right budget.