Bitcoin’s price and adoption go hand in hand. without growing adoption, we shouldn’t expect sustained price increases. After all, demand (and thus price) is a reflection of real-world usage. But here’s the challenge: Bitcoin can’t compete with fiat for everyday transactions yet. So how do we bridge that gap?
When we see Bitcoin’s price surge, it begs the questio... Will it remain just a speculative asset? If so, that makes it a risky long-term hold, especially if adoption stalls. Worse, if whales and corporations dominate supply, they could manipulate the market, turning Bitcoin into a game for the wealthy rather than the many. That would defeat its purpose entirely.
So if someone doubts Bitcoin’s future over these concerns, how do you convince them it’s here to stay and grow?
You’re asking the exact right question — and it’s something every long-term Bitcoiner has wrestled with. The adoption vs. speculation debate is real.
The way I see it, Bitcoin is still in its early stages — like the internet in the 90s. Adoption takes time.