Topic: If bitcoin according to Satoshi is digital money then why call it investment. (Read 691 times)

Bitcoin was meant to be digital money, but it's become more than that - it's like an investment opportunity too.

People saw its potential and started buyin' and holdin' it, hopin' it'd go up in value. So now, it's like a cool combo of digital cash and a way to potentially grow your dough! Embrace the versatility and remember, whatever you call it, it's all about makin' smart moves and enjoyin' the crypto ride.

Despite the fact that this currency was created with a specific intention, it has evolved to such a degree that people have given it different uses that allow them to take advantage of it, such as investments that, despite the fact that they take time, bring about an increase in earnings. Now, if Satoshi had wanted the utility of bitcoin to be restricted, he would have founded this asset in a different way, so that its delimitation was fulfilled, but he left it free for users to experiment and use it at their convenience so despite the fact that he expressed his intention he let bitcoin grow in his own way.

And, anyway, if we think about how bitcoin is currently being used, i could say that it continues to fulfill the original purpose for which it was invented, since it continues to be decentralized and brings benefits to people by not having any that entity can control this active.

Though what you say is right but having unrealistic expectations is not good in my opinion. Expecting to gain 10x on a Bitcoin investment right now or after it enters the bull run will be a lot to expect, one could easily get 10x or even more if they had invested in Bitcoin when it was still at its early stages, maybe even when it was priced below $10k, but expecting that much now, when the price is already around $30k and it was even higher, might only bring disappointment in the long run.

A realistic and achievable target should be maybe about 3x or something because even if goes 3x up from here, it will be priced at around $90k which is achievable if there are a lot of investments during the bull run which will pump the price further and it might hit that target eventually during the bull run.

I believe Satoshi Nakamoto the sole originator of the bitcoin knows much better than everyone why he invented the bitcoin and I also would be looking forward to his reappearance be it pseudo anonymous or otherwise to making some notable observations on the bitcoin journey so far.

Bitcoin is originally designed to a be a digital currency. However, since it’s adoption is still in the process, people are free to use it as an investment knowing it can give us massive returns everytime it’s value surges high and reaches another peak price. Through long term hodling and trading, bitcoin can give us 10x profits as long as we’re aware when would be its best time to sell, and that is when it’s price has reached its all time high.

The use case of bitcoin is a means of payment - but users can always trade it. Bitcoin is a volatile asset - so there is nothing wrong if someone or perhaps most users choose it as an investment asset and trade it. Satoshis may not trade bitcoin - but users are always free to do so to generate profits and long-term returns.

After all trading and investing will also support larger transactions to support bitcoin growing stronger - so it's not wrong for most users to call bitcoin an investment asset.

Bitcoin can be freely used as a digital money and as a good investment. It’s everyone’s choice where he’ll be more comfortable and he’ll gain more advantage. And as for now, seeing bitcoin as an investment is way more exciting and profitable. But of course you need not to invest if you are still not knowledgeable on how bitcoin works, and if you have still doubts and hesitations on taking its risk.

I know you must be wondering what's up with my topic right? I too was having a thought over this and I  felt I should bring it here for discussion so we all can share our own various opinions.

For quite sometime now all I have been seeing is statements and topics of bitcoin being an investment and it bothered me to look into it and I as well stand to be corrected logically and with facts with respect to this conversation.

The sole reason why bitcoin was invented was to serve the purpose of digital money for which it was clearly stated on the white paper by Satoshi Nakamoto as captured below by quote;

    Bitcoin White Paper
If you look at the top page of the while paper, it is clearly written there and there was no captions like investment  attached to it or being mentioned by Satoshi Nakamoto himself. Now I ask how come it deviated to being an investment?. I have read all through the white paper and never saw anything like investment but rather " an electronic peer 2 peer cash payment system" which means bitcoin is money but in a digital way of making payments. So how come it became an investment?

I believe in the course of adding more value to it's existence, whales bought large volume by market manipulation at the early stage of bitcoin inception and those who couldn't stand the market wave sold out giving way for the whales to take over the market and since then along with other occurrence and scenarios,  bitcoin became an investment and store of value aka digital gold as per say as it worked out for the whales according to their schemes. Would it be that easy to correct that notion of bitcoin being called an investment other than money.
When it is used for payment of goods and services on daily basis and we having full custody of our funds in a digital way would it be necessary we calling it an investment aside the price increase which is fluctuating and barely stable for a long time.? I believe Satoshi Nakamoto the sole originator of the bitcoin knows much better than everyone why he invented the bitcoin and I also would be looking forward to his reappearance be it pseudo anonymous or otherwise to making some notable observations on the bitcoin journey so far.

Bitcoin is originally designed to a be a digital currency. However, since it’s adoption is still in the process, people are free to use it as an investment knowing it can give us massive returns everytime it’s value surges high and reaches another peak price. Through long term hodling and trading, bitcoin can give us 10x profits as long as we’re aware when would be its best time to sell, and that is when it’s price has reached its all time high.

Bitcoin is an asset that allows its holders to earn huge returns due to the very high market demand. Its price volatility allows you to make multiple profits instead of using it as a means of payment. Of course it's fine if you don't make bitcoins as an investment asset, but you may miss the opportunity to get a return from its price volatility.

Bitcoin is traded around the clock and it would definitely be a great value added asset to have. While some users consider it digital gold, it's because of how the market works just like any other investment asset.

why is bitcoin called the currency of the future because you are free to classify bitcoin according to your needs, if you want to make bitcoin an investment then you just have to buy it now and then hold it for the next few years or until you reach the price you want or if you want being bitcoin as a legal means of payment, you just have to find the seller of the goods you need then negotiate payment via bitcoin with that person, bitcoin is really extraordinary, easy or difficult to understand it depends on each individual.