BTC is 10 years old, for me it's a big winning for all of us
We are in a process of growing, with optmism and a huge support, this is good for now and for the future but we need to keep working to spread about BTC because there's a lot of room to improve
and in 10 years, we can't simple define BTC, it's a lot fo things, a currency, an investment, a new technology, a disruption...
Topic: Has Bitcoin already won ? - page 4. (Read 882 times)
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Gold is a much better investment when it comes to bitcoins vs gold , it's slow and stable but it does the trick. I think more or so bitcoins is treated as a commodity but at the same time it is like a currency but not entirely .
I would say it's 50% like a commodity and 50% like a currency and it soley depends on the user who is using it .
The fact that they decide to use it as a currency or as a commodity ...
I think it's on the user not bitcoins.
It seems to me that it is very generally said that it looks like gold. It’s just that bitcoin is independent, it is decentralized, it is valued, but still it’s not gold, it’s something else.
For me, bitcoin is like gold in the world wide web, and bitcoin is a new investment for me, which can give me a profit like gold. I tried to invest in gold too but in a small amount. But unfortunately, not all people in this world realize about the opportunity that bitcoin can give to them and they still don't want to know about bitcoin. It seems they are comfortable with the traditional way they already used, but if bitcoin can show more power in the future, I am sure that all people will aware and will follow the earlier people to invest in bitcoin too.
It will never be far from gold right now since a lot of people are looking at it as one.
Though I don't see it improving in the near future, I think the highest it can get is to be a payment method which other people and companies are thinking about. There are still problems with how will they do it since we all know the problems it has as a payment method. Steam accepted it in the past, they stopped because of the high fees and the volatility of it, still they said that they may re-evaluate in the future that means it might happen again.
Though I don't see it improving in the near future, I think the highest it can get is to be a payment method which other people and companies are thinking about. There are still problems with how will they do it since we all know the problems it has as a payment method. Steam accepted it in the past, they stopped because of the high fees and the volatility of it, still they said that they may re-evaluate in the future that means it might happen again.
It seems to me that it is very generally said that it looks like gold. It’s just that bitcoin is independent, it is decentralized, it is valued, but still it’s not gold, it’s something else.
We can't really say if it's enough. It can go beyond our imaginations. If it is considered Gold 2.0 or will consider as official digital currencies or both, how would we know that? The future can only tell, but as we can see the bitcoin's development is growing, the blockchain technology is increasing and been known by many people now. So, it is possible.
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Well, considering the latest "fake" Swiss Gold bars that have been stamped with counterfeit refinery logos, a lot of people might agree that Bitcoin might be a better investment, because bitcoins cannot be faked.
Bitcoin is the "Gold Standard" for other currencies, because it is more efficient and cheaper to use than other currencies.
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Bitcoin already has its own share and want to be given any nickname does not affect the movement and development of bitcoin. bitcoin will be the best and sought after by many people.
The selling value of Bitcoin cannot be stable, so it is difficult if Bitcoin is said to win. The government is difficult to manage Bitcoin because the change in selling can be influenced by anything. But we can enjoy the benefits of Bitcoin and the winners are those who have gained wealth from Bitcoin.
It is in my view. Bitcoin can be a winner if all countries recognize that Bitcoin is there. We can see that many countries prohibit Bitcoin.
It is in my view. Bitcoin can be a winner if all countries recognize that Bitcoin is there. We can see that many countries prohibit Bitcoin.
The main reason why satoshi has made bitcoin is to become a decentralized electronic currency(https://bitcoin.org/bitcoin.pdf) that we can use. So, it's main purpose as a currency is still there but it is changing and its volatility makes it a perfect store of value.
But, why remove the other purpose of it if we can use it as both at the same time, as currency and investment?
But, why remove the other purpose of it if we can use it as both at the same time, as currency and investment?
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Bitcoin is no way described as gold 2.0. If you understand what bitcoin is and the underlining reasons behind the creation of it, you will never relate it or compare it to Gold. Investors in the crypto space are behind why people always want to compare Bitcoin to Gold. These investors have either zero knowledge and understanding or little about what Bitcoin is. Bitcoin is meant to be a currency which removed the restrictions and disadvantages presented by the centralized banking system but investors saw it as medium that can generate profits.
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
So, what is going to happen now? What is the benefit of considering this as "Gold 2.0"? Why are you so hyped about this?Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Gold is used as a medium of storage. We don't use it as a form of currency anymore. Similarly, if bitcoins are compared to gold, it can no longer maintain and serve its main purpose of being used as a decentralized currency. People will just invest on it to make profit.
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
It definitely isn't enough. Many countries are crypto friendly but most of the countries have not yet accepted cryptocurrencies as a payment method.Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
So there is pretty much a long way ahead for bitcoin. Satoshi's vision was to see bitcoin being used as a globally accepted decentralized currency and that is still not been achieved.
Only when bitcoin starts being used globally, we might say that now it's enough for bitcoin
Bitcoin isn't winning yet since the majority of the people are still using fiat and not even accepted locally. It could take years before Bitcoin got it. But I believe it could make it gradually and building a good reputation will help to gain trust from the community.
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
I think you mean Tulip 2.0
When we compare gold and bitcoin, we harm bitcoin i think.ofcourse we believe that bitcoin will be at better place but we want it now and that doesnt help bitcoin.
It can be a measure for other coins yes. As we already measure it price increase and relate it to what is happening to altcoins is enough to say it is like the mirror for them. But whether it is gold, well for me, it is not physical though but is playing a role that conversion that of gold and a currency.
For me it's enough that it's gold 2.0. I don't see it as a global payment tool because there will be some cheaper and faster ways to do it and people like convenience. They want their precious bitcoins to stay safe at home for a doomsday collapse scenario and spend all the crappy altcoins and fiat.
It's already happening and the altcoin charts from the last year are confirming it.
It's already happening and the altcoin charts from the last year are confirming it.
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
It's true that Bitcoin can be neither or both. There can be something that is both a good investment opportunity and the standard against which the value of other coins is measured. After all, that's what gold used to be when dollar was backed up by it, right? At the same time, despite the great improvements that Bitcoin went through, and a seemingly big popularity boost, we are here actually living in a bubble and overestimating its role for the world. There are no more than 100 million crypto users out there, in the world with 7.7 billion population. So it's about 1% of the population currently using it, which is a very small number. And the rates of adoption are not promising so far. Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
There is no limit to perfection. Obviously, Bitcoin has a long way to go. Many people do not know about bitcoin, many countries reject It. This means that Bitcoin is too early to rest on its laurels.
https://youtu.be/UF528l8fqKk
Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
It definitely isn't enough. Many countries are crypto friendly but most of the countries have not yet accepted cryptocurrencies as a payment method.Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
So there is pretty much a long way ahead for bitcoin. Satoshi's vision was to see bitcoin being used as a globally accepted decentralized currency and that is still not been achieved.
Only when bitcoin starts being used globally, we might say that now it's enough for bitcoin
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