Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Cryptohygenic
on 26/07/2025, 10:18:21 UTC
I certainly believe the his primary intention for bitcoin was the decentralization literally a unique form of custodian unlike the traditional currencies and it subject to store of values but then, users was optimistic underlining it most essence on profitablity given it a less values for everyday use for transactions such as payments for goods and services. But I think this is just the beginning because generations to come will find this financial technology more convenient to be in used than the fiats because as the world evolves, so also the need of flexible transactions with essence of security and Privacies becomes everyone's concern.
Bitcoin was never created to replace fiat in the first place and I don't see how bitcoin wil be more convinent to use in future to the point that it will take over from fiat because we are in a centralized world where everything is centralized. Government might be claiming to have love for bitcoin but we don't know what they are cooking behind the kitchen.


I probably believe you did not understand my point because I never said bitcoin was made to replace the fiats.
However, my expression was a backup to what Wind_FURY said on the quote below
With Bitcoin, Satoshi's approach was definitely a more technical approach. Although he wanted to build decentralized network to send and receive transactions, I believe the potential monetary "value" of such a system was the least important in his mind.

To further buttress on it, bitcoin was not only meant for actualization of monetization on Investment and the dimensions of gaining profits rather, Satoshi's visions towards the technology was for bitcoin to also be used in everyday life such as the fiats to facilitate transactions for payments and exchanges of service purposes.
But in the main time due to regulatory policies and inexperience of the masses towards the utilization of digital currency, we are being lack behind to expatiate that which bitcoin was primarily made for according to Satoshi which I believe the setback of the people not yet accepting bitcoin for the (every day use as the fiats) is basically due to the era we are and then, given it benefits to be more better utilized in generation to come.

Already, the existence of bitcoin is virally Speculating while we are still limited on the goal of accepting it for alternative means of payments in our localities but the future will always hold the best to when it will be commonly be in used as Satoshi meant for it. And while we might be skeptic of what the government might tend to do next, let's not underestimate what the future holds because everyone will be tasty of Privacies which bitcoin and it ecosystem is there to provide those opportuned privileges while fiats (may) still be in existence.