Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin
by
CryptoBuds
on 11/03/2025, 08:50:08 UTC

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.

The media and the government have played a part in spreading this idea but we cannot deny that we initiated it all. We used bitcoin as an investment in the early days when the media didn't even know and talk about bitcoin. Also, even if we knew the original purpose of creating bitcoin, would any of us support and continue that idea or would we also not like to use bitcoin for that purpose? Obviously we also have a need to use bitcoin as an investment to earn extra profits. I don't blame anyone and we have to take responsibility for this.

A financial system that is not controlled by the government would be considered an illegal system by them. I don't think spreading this will be a good thing so I'd rather use Bitcoin for quiet transactions than spread it and get the government's attention.