Topic: has bitcoin achieved its goal? - page 2. (Read 1011 times)
if countries accept bitcoin as a payment method so bitcoin will break again ATH. it,s very volatile no one predict how to bitcoin can be move. but definitely bitcoin is very strong crypto currency so long term goal bitcoin breaks all target and will make rich people. my personally opinion bitcoin will achieved all goal in upcoming months or years. if bitcoin works as payment currency for a worldwide so their usecases will more strong and price too much high
Bitcoin has accomplished a lot over the last few years and deserves a lot of credit for it but has not achieved its goal yet. Bitcoin is set to achieve global protection whereby everyone will accept its use in terms of payment methods and apply it to their business and transactions.
Bitcoin was created to solve some problems connected with the fact that governments have a complete control over finances and can release as much money as they want disregarding inflation. Also Bitcoin was made to exclude an intermediary between the one who pays and the one who receives the payment. These two functions, Bitcoin is capable of performing, but it is still not so widely used. 
every people have different opinion about bitcoin goal. they will say to be a great investment, or payment method, or the other extreme thing. we judge by habit, by what we do to bitcoin until now.
big adoption is main decision for me, to spread what the basic want, and people clear and use crypto for daily life. but, hard to tell to everyone, my experience just tell this to close or family.
From your sincerity, bitcoin seems to have accomplished its main goals, from payment to popularity as well as investment, a diverse and recognized talent, maybe even as many members have said, its original goals were fulfilled much earlier than scheduled, now its service is only to increase variety and spaciousness. Besides that, Bitcoin is no longer living for itself, it is living under our hope, we are the ones who are writing more goals for it and asking for it to be achieved, instead of asking such easy question, we should ask whether we have achieved our goals or not. big adoption is main decision for me, to spread what the basic want, and people clear and use crypto for daily life. but, hard to tell to everyone, my experience just tell this to close or family.
every people have different opinion about bitcoin goal. they will say to be a great investment, or payment method, or the other extreme thing. we judge by habit, by what we do to bitcoin until now.
big adoption is main decision for me, to spread what the basic want, and people clear and use crypto for daily life. but, hard to tell to everyone, my experience just tell this to close or family.
I got your opinion but this is not just what we ended up telling our family and friends, global adoption is what we aim for. I do believe this comes in the future, adoption is seemingly growing strong, a lot of countries are into it already and they are now widely using Bitcoin in their place. big adoption is main decision for me, to spread what the basic want, and people clear and use crypto for daily life. but, hard to tell to everyone, my experience just tell this to close or family.
However, their numbers aren't big enough to make things changes, but despite this situation, we can still be hopeful that someday it can be fully realized and achieve the main goal to become a currency.
every people have different opinion about bitcoin goal. they will say to be a great investment, or payment method, or the other extreme thing. we judge by habit, by what we do to bitcoin until now.
big adoption is main decision for me, to spread what the basic want, and people clear and use crypto for daily life. but, hard to tell to everyone, my experience just tell this to close or family.
big adoption is main decision for me, to spread what the basic want, and people clear and use crypto for daily life. but, hard to tell to everyone, my experience just tell this to close or family.
Bitcoin has accomplished a lot over the last few years and deserves a lot of credit for it but has not achieved its goal yet. Bitcoin is set to achieve global protection whereby everyone will accept its use in terms of payment methods and apply it to their business and transactions.
Adoption is something that dont have that specific timeframe or exact moment on where we do consider that it is already on its full extent and dont anticipate that we wouldreally be going into that point on which we do see that Bitcoin would become main payment method and every merchants and businesses would apply on this one.
Knowing that it would really be in personal choice
Does bitcoin adoption really matters or the investment of the investors does?
Bitcoin has accomplished a lot over the last few years and deserves a lot of credit for it but has not achieved its goal yet. Bitcoin is set to achieve global protection whereby everyone will accept its use in terms of payment methods and apply it to their business and transactions.
Adoption is something that dont have that specific timeframe or exact moment on where we do consider that it is already on its full extent and dont anticipate that we wouldreally be going into that point on which we do see that Bitcoin would become main payment method and every merchants and businesses would apply on this one.
Knowing that it would really be in personal choice
In my opinion, the only and primary goal of Bitcoin is to be a means of payment and facilitate people's money transfers in a decentralized system, and we can think that it succeeded. Right now, apll it takes is for people to fully understand Bitcoin and the Blockchain system behind it.
If there will be a free education for all about bitcoin and crypto, i think people will gain more knowledge about its positive effects on us and how it will be properly utilize which put us in the end as the great beneficiaries. In this way, people wilel change their mindset on bitcoin and will create initiatives on how to spread its usefulness so it can gain massive adoption in the future. And once majority of the people are already inclined to it, then using it as a currency exactly like fiat will be more possible to happen. 
Bitcoin has achieved its goal a long time ago when it went from $1 to $100.
Do you think the goal of Bitcoin about the price? I don't think it is the goal of Bitcoin created by Satoshi. Satoshi created Bitcoin for an alternative of payment purpose that never uses the third parties. So, we can transfer it any time and with low fees. This is the real goal of Bitcoin written in the whitepaper of Bitcoin.However, if we can make bitcoin as a global currency in the future, that will be a greater achievement in guess in the future, but it will be a long waiting game when will it happen definitely.
Bitcoin has achieved its goal a long time ago when it went from $1 to $100.
Do you think the goal of Bitcoin about the price? I don't think it is the goal of Bitcoin created by Satoshi. Satoshi created Bitcoin for an alternative of payment purpose that never uses the third parties. So, we can transfer it any time and with low fees. This is the real goal of Bitcoin written in the whitepaper of Bitcoin.
In my opinion, the only and primary goal of Bitcoin is to be a means of payment and facilitate people's money transfers in a decentralized system, and we can think that it succeeded. Right now, all it takes is for people to fully understand Bitcoin and the Blockchain system behind it.
Yes. I also believe that the ultimate goal of bitcoin is to become a legal currency and will serve as a payment method in all types of purchase. And with big institutions that are now accepting bitcoin as a means of payment, i think this goal is now starting to be realized. And with massive education hopefully, i know it will be a great help to boost the usage of bitcoin since people are now starting to be aware on bitcoin.I assume the same about the purpose of bitcoin. bitcoin will be a legal medium of exchange between countries without being limited by country system restrictions in transactions. so companies can easily use bitcoin without having to exchange fiat money from one country to another because in this case they use the same coin in transactions.
In my opinion, the only and primary goal of Bitcoin is to be a means of payment and facilitate people's money transfers in a decentralized system, and we can think that it succeeded. Right now, all it takes is for people to fully understand Bitcoin and the Blockchain system behind it.
Yes. I also believe that the ultimate goal of bitcoin is to become a legal currency and will serve as a payment method in all types of purchase. And with big institutions that are now accepting bitcoin as a means of payment, i think this goal is now starting to be realized. And with massive education hopefully, i know it will be a great help to boost the usage of bitcoin since people are now starting to be aware on bitcoin. I think Bitcoin does have some specific goals. And its inventor(Satoshi Nakamoto) did not explain anything about its limits or goal. But This is the perfection of his invention that Bitcoin is going to rule all over the world. It denies accepting some border limits.Its network is spreading very fastly. This business has a unique interset & psychology that it is popular among all classes of life.No one can explain about its goals but future will decide about it.
Doubted that it is going to rule over the world as it was not intended to be like that. The reason for its creation is to give an alternative out from fiat to digital currency and it looks like we are going to that way, not just too fast to its way. Being one of the major currencies that we're able to use someday is a big achievement and able to fulfill the dreams of the creator. However, if we are going to assess the current situation like it was said we are yet rolling to make it possible. Not to replace fiat (as people think), no, it was just a currency.
I think Bitcoin does have some specific goals. And its inventor(Satoshi Nakamoto) did not explain anything about its limits or goal. But This is the perfection of his invention that Bitcoin is going to rule all over the world. It denies accepting some border limits.Its network is spreading very fastly. This business has a unique interset & psychology that it is popular among all classes of life.No one can explain about its goals but future will decide about it.
Bitcoin has accomplished a lot over the last few years and deserves a lot of credit for it but has not achieved its goal yet. Bitcoin is set to achieve global protection whereby everyone will accept its use in terms of payment methods and apply it to their business and transactions.
So where is it written that the ultimate goal of bitcoin is to achieve global protection? And protection from what? I haven't seen anywhere that bitcoin must be used as the payment method and has to be applied to business transactions. Yeah, it was created to make a trustless payment system without involving third parties. Unfortunately, at the current state it is almost impossible since there are many problems that needs to be addressed first. Fortunately, various solutions are being forwarded to solve the problems.
In my opinion, the only and primary goal of Bitcoin is to be a means of payment and facilitate people's money transfers in a decentralized system, and we can think that it succeeded. Right now, all it takes is for people to fully understand Bitcoin and the Blockchain system behind it.
Bitcoin has achieved its goal a long time ago when it went from $1 to $100.
Do you think the goal of Bitcoin about the price? I don't think it is the goal of Bitcoin created by Satoshi. Satoshi created Bitcoin for an alternative of payment purpose that never uses the third parties. So, we can transfer it any time and with low fees. This is the real goal of Bitcoin written in the whitepaper of Bitcoin.Current state of Bitcoin is desperate, it is used for high risk speculation mostly. Merchants accept Bitcoin more and more as it becomes cheaper to achieve this as payment providers include it but without price stability almost nobody will use Bitcoin itself for daily payments in the future.
However, as most people are committed to get wealthy by investing in Bitcoin, the incentive for price stability is very low, therefore price will continue to be volatile making Bitcoin a Ponzi-Scheme for the most part.
When BTC price has stabilized for like 5 years, maybe it can then be used as store of value or as currency. Before that it will mainly be used as cash cow and high risk investment.
For usage as store of value, it is not necessary that the prices should remain stable. On the other hand, an asset which can be used as a store of value should have a constant, or increasing purchasing power. A perfect example is that of gold. It's price has increased by almost 100 times during the last one hundred years. But it's purchasing power has remained more or less constant.
When BTC price has stabilized for like 5 years, maybe it can then be used as store of value or as currency. Before that it will mainly be used as cash cow and high risk investment.
For usage as store of value, it is not necessary that the prices should remain stable. On the other hand, an asset which can be used as a store of value should have a constant, or increasing purchasing power. A perfect example is that of gold. It's price has increased by almost 100 times during the last one hundred years. But it's purchasing power has remained more or less constant.
Bitcoin has achieved its goal a long time ago when it went from $1 to $100.
Do you think the goal of Bitcoin about the price? I don't think it is the goal of Bitcoin created by Satoshi. Satoshi created Bitcoin for an alternative of payment purpose that never uses the third parties. So, we can transfer it any time and with low fees. This is the real goal of Bitcoin written in the whitepaper of Bitcoin.
When BTC price has stabilized for like 5 years, maybe it can then be used as store of value or as currency. Before that it will mainly be used as cash cow and high risk investment.
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