Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin
by
Rustam Meraj
on 11/03/2025, 01:27:56 UTC
Blame the mainstream media for spreading the "store of value" propaganda to the people. Now everyone believes Bitcoin is some sort of Gold alternative or "get rich quick" scheme. Besides, there's the issue of market price volatility. How can anyone use BTC as a currency this way? Unless you don't care about Bitcoin's value in Fiat terms. Then there's the issue of limited transaction capacity, which results in high network fees and slow confirmation times.

Because of this, I'm afraid BTC will remain a store of value forever. Still, it's a free (as in freedom) currency. You can use it any way you wish. Hopefully, Bitcoin replaces Fiat in the future. I mean, that's the dream. Right? Cheesy
I agree media has helped create wrong idea about Bitcoin. Many people think it is just way to store value or make money quickly. But that is not its main purpose. Bitcoin price can change a lot which makes it hard to use as stable currency. It is also hard to use because there are limits on how many transactions can happen at once which makes fees high and transactions slow. But Bitcoin is still valuable because it is not controlled by any government. It is way to make transactions without needing middleman. Even though it is not ready to replace regular money yet, the idea of financial system that is not controlled by government is exciting and Bitcoin is step towards that.