Post
Topic
Board Bitcoin Discussion
Re: Why Is Bitcoin Not Selling Like Before
by
Zlantann
on 20/08/2025, 07:47:13 UTC
After being in this community for 11 years I can say not much has changed considering what you call "attraction". I still see the same 3 categories of people:
(1) those who see bitcoin as the decentralized money to be used to achieve financial sovereignty
(2) people who see the potential for long term profit and continue accumulate more bitcoin every chance they get
(3) people who think bitcoin is a magical get-rich-quick thing and end up losing a lot of money

This classification is a good summary of the different people that is found in the Bitcoin ecosystem. But within these eleven years, the number of these people has increased due to Bitcoin awareness. In my view, the people in category A might be shrinking due to increased regulatory laws in some countries. But the numbers in Groups B and C have kept increasing day by day. Inflation is pushing people to accumulate and hodl Bitcoin because of the sharp decline in the value of fiat. While ignorance and poverty are driving people to see Bitcoin as a get-rich-quick asset.