Post
Topic
Board Bitcoin Discussion
Re: Have We Been Deceived on The Purpose of Bitcoin?
by
doomloop
on 20/03/2025, 11:11:10 UTC
Today, the space is overrun with scams—99% of projects are fraudulent, from ICOs and NFTs to meme coins—designed not for decentralization, but as a means to extract more fiat currency. This contradicts the original vision of Bitcoin and raises the question: Was this the plan all along?
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all of that has nothing to do with bitcoin. satoshi just developed bitcoin, and then let people use it in their transactions. but ICOs and NFTS to meme coins, those are different products, and satoshi never developed any of those. those are the result of the development of the crypto world and you should blame the parties who created and promoted those projects, not bitcoin itself. and i think you should be able to differentiate between bitcoin and crypto in general, because from what you said it's all about crypto and a lot of nonsense.
Yes but I think they contribute somehow with Bitcoin, like when people first entered them, they'll then explore more and found out Bitcoin to be also a good coin, so they join it as well. ICO is only a means of selling a project but I'm not sure if BTC had an ICO before, though BTC has an NFT now, although yeah that it didn't came from Satoshi itself since that is only discovered last time. IDK if he already said this but if he only said about BTC being used as an asset instead of a currency, that is more valid. It is because we thought BTC is only just a currency but later on, things have changed and many people are now treating their BTC as an asset, instead of a currency.