Quote from: WatChe on August 05, 2025, 08:20:56 AM

Bitcoin has its own goals and use cases, it's not created to replace the traditional banking system. Banks are part of every central government's that gives them authority to control the financial system of the country. So far no central government has surrendered its financial authority to bitcoin. The countries that have adopted Bitcoin have in actual regulated its use in the country and that regulation has given the central government control over the Bitcoin. For me Bitcoin will continue to exist beside central banks and fiat currency.

And what people are not understanding is the fact that Bitcoin was not designed to replace money, its purpose was for it to be an independent investment, and for it not to be controlled by anyone. and also to be accessible to anyone, regardless of their financial status, to invest. There are enough reasons why people's faith in Bitcoin continues to increase, and the government and banks continue to view Bitcoin as a threat. However, this is not entirely accurate, as Bitcoin is acting independently. And no matter the kind of popularity that Bitcoin is getting, it cannot replace money they both have their role to play for a reason.

And more preferably, I would prefer to invest in Bitcoin rather than want to spend it. Even if it is acceptable, there is more that we can do when it comes to investing. There is more gain in that than spending or even trying to make it replace money, because that is not why Satoshi created Bitcoin. It was created for a different reason. And Bitcoin cannot and was not designed to be controlled, because even now the government is also trying to invest in Bitcoin, because, if I'm not mistaken, the kind of profit El Salvador made is very enticing, so the government is interested.