Post
Topic
Board Bitcoin Discussion
Re: Should we go back to talking about ways to use BTC?
by
_act_
on 18/03/2025, 21:05:00 UTC
Bitcoin has zero value right now. It used to be valuable as the first way to transfer money digitally to someone else. Nowadays with Venmo, Zelle, etc., Bitcoin itself as digital currency has zero value and zero benefits compared to the other apps I just mentioned.
You are getting it wrong. I used bitcoin to fund a master card last year. I use bitcoin at times to make transaction with my friends. A friend wanted to send me bitcoin from abroad, he used bitcoin instead. I used bitcoin last year to pay for two services last year. Bitcoin can be used as an investment. It is an asset. It is money with increasing value.

The only way Bitcoin's value keeps on increasing is because of its pyramid-scheme-likeness. The more people buy into the system (invest in BTC), the higher the value of BTC becomes and the more profits the early investors make.

That's the sadness of it. Satoshi had a brilliant idea a long time ago, but people got greedy, stopped developing that idea and everything disappeared as steam in the air.
You are getting it wrong. The adoption continue and bitcoin value is increasing. Just like I posted before, that can not happen in a pyramidal scheme for over 16 years. It is not possible.