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Topic: Is bitcoin gradually turning away from its purpose? - page 9. (Read 1690 times)

hero member
Activity: 2464
Merit: 519
I believe the primary purpose of Bitcoin is to decentralize currency, making it accessible to everyone globally, enabling fast and anonymous transactions. In the long run, investing in Bitcoin appears to be a viable use, as holding through bull markets tends to be more profitable than using it solely for transactions.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
was bitcoin created for investment purpose or it's for peer to peer to alternate fiat?
Satoshi Nakamoto knew that the price of bitcoin will be increasing as people are buying it. That is why he made it has a limited supply of just 21 million BTC. It may not be in the white paper that bitcoin can be for investment purpose, but Satoshi Nakamoto clearly knew it would be like that. Money should be a store of value like bitcoin.
sr. member
Activity: 336
Merit: 365
The Alliance Of Bitcointalk Translators - ENG>PID
Bitcoin isn't turning away from its purpose at all mate. Infact, it is advancing and growing massively in different aspects compared to what it was initially created for. If you check the Bitcoin white paper, you will clearly see that Bitcoin was created as a decentralized p2p payment alternative. But with such great technology, you don't expect it to stop there. You as an investor can choose to use it for what ever purpose you want to, either as a long term investment plan or a payment option. But the truth is that bitcoin hasn't shifted a bit from its initial purpose of creation.
full member
Activity: 162
Merit: 104
Like the title explained it all when sighting towards the speculation or trade discussion section I mostly found out that lots of people are gradually turn away the purpose of bitcoin to mainly investment purposes and I mean to asked, was bitcoin created for investment purpose or it's for peer to peer to alternate fiat?

I would love to see different versions of input.
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