Bitcoin Forum

When I first stumbled upon Bitcoin, I was told that if you buy Now you would make more in the future. I got hooked without even knowing its uses and why it was created.

The limited supply of Bitcoin like land has made it turn to an investment opportunity with many not even knowing why it was created and market its meant to satisfy.

Bitcoin, according to the white paper is a peer to peer payment method. It serves as money with no third party or central body involved. Currently, it hasn't fully meant the criteria of money due to certain limitations but it has helped one become their own Bank. Not to mention, Created more uses than satoshi anticipated.

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Don't get me wrong I'm not saying it as an investment is bad since it has helped in increasing the community but many people have become so concerned about its price and have forgotten it's inherent uses.

People today will consider BTC as an investment as its inherent use case of BTC. It doesn't really matter how a person will treat Bitcoin, they may look at it as a tool to gamble online or simply to send payments off the grid, whichever it is, its adoption of BTC.

If you mean peer-to-peer in a decentralized way where 2 people make transactions with no platform in between, humanity has lost trust in each other.  ;D That's what's happening. Face-to-face transactions would be possible but still risky.

Yes it's true that bitcoin has lost its inherent use as peer to peer means for making payment to newer adopters of Bitcoin but its still good aside from the point of increasing adoption as stated by you in your post, I believe Satoshi saw this before Creating Bitcoin and so it was not made as a Stable coin, no matter what anything that appreciate in the long run in value will one way or the other be seen by investors and this implies to Bitcoin also. Now everyone has a view of what they see bitcoin as like:a way of being free from government and banks, fast and secure transaction and others but the view of being a means is still included to the other views because nobody will wants to turn down a chance of making more money.

Actually this has not been a really effect for bitcoin adopters not using bitcoin as a means of payment, there are thousands of people who used it, the risks mentioned is still affecting the physical currency of any country, that's why we have to be cautious of who we do business with

Bitcoin has a number of uses and there are people who argue which one is best and which one we should be promoting

A peer to peer cash - the original concept of Satoshi
An inflation hedge - this use of bitcoin is popular especially in South America and Africa, where fiat currencies are suffering the most, yet people don't have enough wealth to use it as investment.
A speculative asset - that's what most newbies and traders use it as.
A digital gold - in the eyes of the hodlers.

IMO all these uses are great and you should use bitcoin the way you choose to, yet not all these uses are equal. Transacting in bitcoin is a far better use than trading it on a centralized exchange. At least that's how I see it.

To be honest, Satoshi created Bitcoin in intention to get rid of centralized system or at least make a new space where a group of people can send money from one to other without involvement of any third party. His main intention was to create a currency that anyone can use and transfer via p2p route, and surely Satoshi got success with his innovation.

But, later on investors found it a good investment due to its 21 million supply limit and that's why they started accumulating Bitcoin and holding it for longer terms in order to have better returns with their investment. Due to the creative thinking of Satoshi and the investors, Bitcoin has now become a currency as well as an asset which people can invest in and get profits if they hold their investment.

One of the initial testers or you can say inner members of the initial team behind Bitcoin was late Hal Finney(RIP) who speculated that Bitcoin can grow in price and maybe in future a single Bitcoin may reach $10M in value. If we keep those views in picture then surely from the initial days people were sure that Bitcoin can grow in value and it can cross $10k or beyond.

I don't think so, bitcoin is mainly used as a peer to peer method of transaction. People trade bitcoin at a large number every day. And only a few percent of them hodl bitcoin in form of an investment. Those who do hodl for long are quite the investors of bitcoin and those who hodl for few days should be seen as the peer to peer traders. Aside those trading bitcoin on exchanges the peer to peer market still boom everyday. Most people due to the volatility of bitcoin use it as a form of investment, for profit purposes. And because people hear the massive gains they make through bitcoin, using it as an investment goes viral than trading it peer to peer. They're multiple methods of trading bitcoin peer to peer; swapping bitcoin to other coins, merchants offering products for bitcoin, and selling bitcoin to vendors for fiat. Each and everyone of us who are into bitcoin may have done such transaction, but only a few amongst us have held or have the intention to hold bitcoin for 5 to 10 years without selling. You see why those who hodl for few days or months still fall in the categories of bitcoin peer to peer trade I mentioned above. Given a specific period of loss or profit, they'll go back to sell their coin. Which is not a good functionalities or attributes of an investor. No doubt when bitcoin is mentioned most people would see it, in their perspective, as an investment. Yet practically, the ongoing peer to peer bitcoin transactions is on the increase. Just that it's not fully discussed or popular like when an investor shows the profits they've made from holding bitcoin for 5 years. That's why people are being told to hodl their coin.

bitcoin was invented as private property with aims to popularise to become cash
it achieved cash utility technically in 2010
it achieved currency status legally in 2013(no longer private property for tax/regulation purposes)

from 2017 begun the shedding of thinking of it as daily use goods purchase, to become an asset class currency rather than a cash class currency

Can it be helped? As you’ve mentioned, Bitcoin and this industry in general still has its limitations. Investors happened to find it more beneficial as an asset because of its profit potential and volatile market value. There’s nothing wrong with it and we cannot force other people to follow its ‘purpose’. We are just simply taking advantage of its characteristic more than its usage and that’s just fine ‘coz it is still having progressive growth over years. Bitcoin became more popular and acknowledged by more people and companies. With countries’ approval, we cannot do about it other than to wait for things to be better. For now, since it is more helpful as an asset due to high transaction fees, then let us allow ourselves on how would we be able to use it as long as it won’t cause any harm to other investors and to ourselves. Adjustments were done on its usage and I cannot see anything wrong from it.

Knowing why bitcoin us been created is not a wrong conception because at least someone should be to know exactly what they are investing on, for the aspect of buying bitcoin and it rises to more than your expectations, that have to do with target of buying a bitcoin when the price is low and when the price is also down, so if you are opportune to learn bitcoin that means you will make a profit for the investment because you will be targeting for the time the price increases and when the price decreased.

Maybe this fact is one of the truth that first holds our interest on bitcoin the moment we heard about it, you can see that everyone had always been looking for an investment opportunity like such that could be reliable and trusted, so when you heard about bitcoin and what it offers, it remains irresistible to you to afford going without taking a look if you really want a change.


You're free to use any approach for bitcoin as long as you're adopting it's use, i believe it's best applicable on one important aspect of your life.

There is a reason Bitcoin has a limited supply of coins and why there is halving every 210,000 blocks otherwise if satoshi didn't care about bitcoin being used as a hedge against inflation then there would be unlimited supply of coins just like it is with fiat currencies. The peer to peer nature of the network and the deflationary design are just two of the other important aspects of bitcoin.

People use it for different reasons and money being a very good motivating factor to most humans, then why not invest in it as well?

As adoption reaches its peak, bitcoin will reach its peak value and no longer have much upside potential. Though people may continue using it for savings, nobody will be investing in it. By then we should know how well it works as a currency.

You can't say that they forgot about Bitcoin's original use if they never cared about it to begin with. And the fact that for a lot of people Bitcoin is only an investment means that those people could and most likely would dump it in the future if Bitcoin stops performing well. I doubt we can convince them to hodl no matter what and believe in financial revolution. They are investors, not idealists.

Yes, you are correct, the initial design of Satoshi is that it will become a payment system, an alternative to what we have right now. But you have to understand that when Bitcoin was traded initially, The New Liberty Standard Exchange, and then we have the Mt. Gox exchange the whole game play has change. And more than a decade, we have hit $69k as our last all time high. So it has evolved, not that it's bad, but it now become an asset that can be traded in many exchange now. But we can still go back to it's grassroots if you can. You can send anyone for anywhere as bitcoin is borderless. And then there are groups who saw it as money, so they spend as regular fiat. And when the pandemic happens, Bitcoin become a hedge and store of value. So it's really up to you on how you are going to treat and use BTC.

OP, Bitcoin has fulfilled so many purposes for which it was created, and it has also fulfilled the purpose that was not mentioned when it was created, and that purpose is Bitcoin as a means of investment. Bitcoin as a peer-to-peer transaction process without third-party involvement is what I have used Bitcoin for and am still doing. I have paid different kinds of people in Bitcoin, and that's a peer-to-peer transaction. I have also bought and paid for something in Bitcoin, and that's still p2p. So what more has Bitcoin not fulfilled? Bitcoin is not centralized; you don't need the authority of anyone to withdraw and deposit some bitcoin into your wallet.

Bitcoin has made some people millionaires and billionaires today because they bought it at an early stage and held it until the price skyrocketed. Bitcoin is a store of value, and the value and price increase over time, and that's why people invest in it. Our currencies (local currencies) are losing value, and Bitcoin has become a cool asset to invest in because the value of our investment will always appreciate during the bull season of Bitcoin. It's not a bad idea at all.

You are extremely right on this. Bitcoin was not created as an investment opportunity, in fact, I do not think Satoshi thought it could blow up this much (or maybe he did, who knows). Bitcoin’s purpose is to be another form of money, money that respects privacy, money that has no middleman, money where you’re totally in control of you own, money that can be sent to anyone anywhere at anytime. I like to think that the price increase which calls as investment opportunity is just coincidental.

I agree that Bitcoin is indeed popular because many people make huge profits investing in it.  People jump into Bitcoin not to use it as a peer-to-peer method of transaction but rather buy Bitcoin to hodl and sell it when profit is seen.

I think only a few percentage of people who are into Bitcoin use it as intended.  


I think there will be some people who will be investing in Bitcoin even after it reaches its peak.  When Bitcoin adoption is everywhere and Bitcoin can be used to purchase items in the store nearby, people who want the convenience Bitcoin gives will invest money to buy Bitcoin.  No one can use Bitcoin if they don't buy it to begin with ( if they are not into mining).

I tend to agree and that's the fact of the white paper of Bitcoin, it supposedly didn't promise gains.
However, people see that Bitcoin has gained recognition as a digital store of value because of its limited supply that becomes Bitcoin's price is also influenced by speculative trading and traders may buy and hold Bitcoin with the expectation that its value will increase over time, allowing them to sell at a profit.

That's their perception now instead of following the main purpose of Bitcoin why it was created.

You'd notice on a closer watch that people get to hear about Bitcoin while searching for alternative form of finance or transaction rather than they hear about it as a peer-to-peer system. A part of the cause of this is the slow pace of global adoption. Anything you hear about, your brain is wired to think thats's the core and possibly only reason why that solution exists except you are sold out to research.

Not everyone cares to further research on the multiple uses of Bitcoin after they have come across it as a form of finance, they just proceed with the basic understanding. This further means that we have more work to do in terms of global adoption and sensitisation towards Bitcoin and the Blockchain technology.

Bitcoin is obviously a means for sending payment from one person to another. Which is one of the main features in the whitepaper. However, it is also considered as a store of value because the price increase in value and people now anticipate it. Allocating capital to a store of value with expectation to generate a huge return in future or appreciation of the underlying asset is quite literally why it is generally called investment. So, if it doesn't increase in value or have the potential to, people won't invest in it.

If you think about it, it makes sense.

Bitcoin makes you think with a long term mentality, you should save more than what you are spending. That's a big change from the "spend now, pay later" mentality of fiat.

This means that sending peer-to-peer Bitcoin (spending) should be less popular than investment (saving).

Really, how true is that, because it's just now you are saying it, that I'm hearing it for the first time that land has limited supply.

What other criteria of money where you expecting Bitcoin to exhibit before knowing it is money itself? Can you just mention just a fee of them? Because the same way money is been used for exchange of goods and services, Bitcoin has been able to be used for that too, and even more. So Bitcoin is indeed digital money.

Without the price of Bitcoin, I'm sure even you @ O.P would never have taken Bitcoin serious, but it is it's price that gives Bitcoin it's value. Which means the price of Bitcoin plays a very important role for it's adoption.

That is a problem.

If the value of Bitcoin relies on its increasing price, then Bitcoin will have no value when the price stops increasing. That is precisely the reason for so many Bitcoin skeptics who correctly argue that as long as people value Bitcoin as only a speculative asset, then it is doomed to being just a speculative bubble.

If you believe that Bitcoin has value, then you must believe that the value comes from something other than its rising price. If you don't believe that, then investing in Bitcoin is just a game of chicken where you hope that you can get out before it crashes.

There is nothing wrong with that, let people think of it that way and keep buying, storing, and using it, that makes Bitcoin known more in the world, and that's important for it. Don't we want Bitcoin to stay around for as long as possible and reign over the market the way it does right now? Just because people are getting involved because they see they can get money from it, it wouldn't change what Bitcoin can do and what it can be used for in general.

So, those who understand the actual meaning and reason for the existence of Bitcoin can still do that no matter how expensive and successful it gets over time. If you have come to know about what Bitcoin was created for, that's a great thing, now you can have two use cases for it, for others that don't know it yet, they will, in the future.

When I was introduced to Bitcoin I was given a clear understanding and a video link of 2 and half hours was shared with me which had described the reason why Bitcoin is created and why we shouldn't reply on bank and it covered several aspects like how our bank balances are just a digital representative of number and if all of us wants to withdraw our money at one go they won't have it as it's circulated as loans.

But people including myself has started considering Bitcoin as an investment medium but we will surely be using Bitcoin as a mode of transfer when we don't want involvement of any 3rd party and don't want the transfer to be recorded. Satoshi made a smart move by designing it the way where it has limited supply else it would become like dollar.

Emergence of other coins with lesser transaction fee and faster transaction speed has pushed users to use them for payment transfer, like I use TRON for this purpose.

Thanks God I was introduced to Bitcoin as a payment method when Ponzi schemes and so-called revenue-sharing sites were popular. I used Bitcoin as a payment method. Just for info, during that time I wasn't aware how Ponzi schemes scammed us. Day by day, I learn and leave Ponzi without losing too much. But I learned a lot about Bitcoin. No doubt, a lot of people don't know how Bitcoin works. Most of them just consider Bitcoin as an investment opportunity. It's because of the volatility of Bitcoin that we can make profits. This isn't bad, actually, but we need to learn about Bitcoin as well, besides considering it as an investment opportunity.

Good thing you were focused on what you believed about Bitcoin and not moved by the so-called Ponzi scheme at that period. I know what the press and so-called cryptocurrency influencers are capable of that hear. When it was newly introduced a lot of them use it for to get famous online when they do not even know much about it use cases. Many persons fell for their preaching but only few like you were not convinced by what they preach. So sad i came into Bitcoin lately and what has derived me into it deeply is because of its undermining technology. Something you can see, move around, control without feeling or touching it. It was like a magic to me and i was eager to go to the root.

Yes, we may go into something because of a particular thing we see at first instance but when we go deeper into it we become more interested in other things. That is how Bitcoin works. Currently i am more interested in accumulating a good amount of Bitcoin gradually. I have given myself a target and is working towards it. There are more to Bitcoin and with time we will unveil them and see the one we can adapt.

I agree with your words, indeed as long as we are not harmed by Bitcoin, I think it is legal for us to invest in BTC, even though the purpose of BTC is for payment because BTC was created as a digital currency by Satoshi Nakamoto, but I think there are many people who investing in BTC and saving it for the long term is what pumps the price of BTC and finally BTC is known throughout the world. I think in this case OP doesn't need to be confused because I think BTC is now increasingly popular. I even see more and more people adopting BTC. and simple examples such as Elsalvador which has legalized btc in its country.

Many people are too rigid and stubborn to see bitcoin not being used as it was originally created and consider it a failure. For me, it's not important what bitcoin is, what's important is what benefits it brings to us and what purpose it is used for is up to each person to decide. Many people use bitcoin as an investment, that doesn't mean no one uses bitcoin as a currency, or even there are investors who are using bitcoin as a currency but they don't want to say it. No matter what bitcoin is, as long as it benefits people it is a success.

But the problem is that when people use it as their payment, they are hindered by regulations in their country. For example, in my country, people are prohibited from using Bitcoin as a substitute for fiat and violating this can be punished. Not to mention fees that are sometimes unreasonable and Bitcoin adoption that is not yet massive, these are the reasons that make people reluctant to use Bitcoin as their payment method and prefer to make it an investment that can bring profits.

Most communities here in this business industry really believe that Bitcoin is proven and tested for long-term investment. And I don't disagree with that, because it's true. Just because of the reality of what's happening to me now, I can't save at least 1 bitcoin until the bull run comes or before the halving.

So I am saving another alternative cryptocurrency that I think also has the potential to increase its value in the market, at least based on my studies and its usage in the market too.

You're right, it doesn't align with the original Whitepaper, but I don't think the widespread adoption is necessarily a bad thing. It's better than Bitcoin not progressing at all... satoshi even seemed to predict that in the future, Bitcoin would either be extremely valuable or essentially worthless. Now, its skyrocketing value makes BTC as a speculative asset to gain profit or making money purpose.

Despite Bitcoin deviating from its intended functions outlined in the Whitepaper, I believe Satoshi would still approve of it being traded and used as a speculative asset. The limitations and regulations prevent Bitcoin from functioning as freely as the envisioned decentralized currency.

Don't feel bad about thinking that bitcoin for you is for investment since many people have same impression regarding on how they view bitcoin for now. We can't deny that there's limited usage for this coin especially on physical merchants that's why its acceptable for now that this is called for profit generating option for them. If that happens where all major stores will accept it and people on our neighborhood then by that time we can say that bitcoin can be 100% called as currency.

So for now focus on how you can earn more with it since this is what we need to take care and we should prioritized on how we can earn a lot of BTC so that we can be lucky in future to earn a lot of money from this. Don't get distracted by people discussing nonsense thing about it since what's more important for now is you earn from bitcoin so maintain your focus and research for more knowledge on how you can multiply more your investments.

It's the people that's using bitcoin as a P2P payment that had created the concern that you're talking about, when more and more people are buying bitcoin, the demand increases and with the demand increasing then it will eventually make the price of bitcoin higher because people are willing to pay to get their hands on bitcoin and maybe you're right that a lot of people have forgotten what it's used for but the function of being a P2P is still there so it's nothing worthy of concern as long as the feature is still there waiting to be used.

According to the white paper, Satoshi's purpose in creating bitcoin was peer-to-peer currency, but I'm sure he also predicted that it would be difficult for bitcoin to become popular as a currency because governments would stop it, and that's also the reason he has chosen to remain anonymous until now, IMO. I believe he also thought about the scenario of bitcoin being used as an asset instead of a currency because it has characteristics like scarcity and decentralization, those characteristics are actually more suitable to be an asset rather than a currency.

But whether he accepts it or not, or whether we accept it or not, bitcoin is still considered an asset rather than a currency. We need to accept reality and what is happening, we cannot fight the crowd. He created bitcoin for the community and let the community decide its future, and we need to adapt to what is happening.

Uses will not come unless the thing has value, and this value will only come from the high price. The rise in the price of Bitcoin may be a reason for people to return to using it as P2P if we reach a price after which increasing the price becomes very difficult, just as happened with gold, and it can happen with any asset that reaches a value. Considerable marketability. Some people still use Bitcoin as a store of value, but as long as the transaction is peer-to-peer, then Bitcoin still serves its purpose unless it is kept on central platforms, and here Bitcoin fails to achieve its goal.

Whatever you want with Bitcoin is available, a good store of value? Some privacy off the bank when moving money? Decentralization hunger? Like seriously this is a well made digital currency and there is no single doubt why it's taking the lead over other cryptocurrencies.

It's consumers choice to make, but I choose Bitcoin for everything it has to offer, all the utilities of Bitcoin are useful for someone like me, I use Bitcoin to make payment online and I am still sad that this is limited in some areas, but hopeful things will change soon, I am now storing more money in Bitcoin instead of banks and I am not scared like when I used to store money in the bank.

I was worried that I could be tracked if my bank account worth a lot of money, since so many things are happening in my country, I feared for myself that's why Bitcoin seem to be the best option and so far it's been years and I feel more safe holding Bitcoin than having money in the bank.

How about considering Bitcoin as a financial literacy tool rather than an asset or tech? Imagine Bitcoin as a portal to finance, economics, and technological education. It's a gateway to understanding money's history, worth, and future. This way, Bitcoin's fluctuating prices and investment hype become part of a larger, more meaningful conversation.

Being your own bank? Very powerful idea. While it's not flawless and has hitches to work out, it gives you control and independence. Like learning to drive, it's all about the thrill at first, but you gradually understand the freedom and responsibility.

Right now, Bitcoin's dual role and its basic purpose must be balanced against the allure of investment returns. How do we preserve Satoshi's vision in our fast-paced, price-focused world

Bitcoin doesn't make you think long term. It's your mindset and choice that makes you want to leave your Bitcoin for the long term. Just the way you feel like HODL there are persons that prefer day to day trading because they feel that is the fastest way to get profit.

Both peer-peer Bitcoin and investment should both be giving equal attention. Different features but one system. It is Bitcoin that should be giving more popularity and not the feature itself.

Even Satoshi itself agree if Bitcoin can be viewed as a commodity, so @OP what are you looking for? if you think Bitcoin should be used as a currency, start by yourself by purchasing foods where you need to spend your money regularly.

It's not make sense asking other people to use it as a currency when you're not do that.

I don’t think a lot of people have forgotten about it’s inherent use as you presume but, what we have is more of a leveraging of the opportunity at hand with the absence of means to usage as a purchasing power.

It’s only right and serves more that Bitcoin should accord itself more uses than its initial idea but, all remains in line with a more broad usage following its limited nature.

I agree with you that a lot of people are now focused on the profit bitcoin offers and forgetting the core purpose of bitcoin which serves as a decentralized digital currency but since it is very volatile, people are already capitalizing on the volatility and focusing on making profits but I also think one major reason why people are still holding strong to bitcoin is the possibility of making more risk free profits from bitcoin and from my opinion, if you take away the volatility, a lot of people wouldn’t still be holding bitcoin

No, I didn't get you wrong because you are right. I'd say that 90% of people use bitcoin for investment purposes and they rarely know its major advantages. Not many people use bitcoin because of its decentralization, p2p payments and improved privacy. I dare to say that people don't know this side of coin, they only think about profits because it was some cents in 2010 and rose up to 70K. Now, everyone is focused on price and the popularity with reserves of centralized exchanges is a good proof to back up my argument. Even better is Monero. I have been saying since 2016 that Monero will be the next bitcoin because it has so many advantages in every aspect but it's still not so popular. My conclusion is that people care about investments instead of benefits that they can achieve from it besides finances.

Bitcoin is very difficult for new people particularly the ones that don't have background knowledge of computer and some other related info about bitcoin. But since bitcoin rise in value after some time and people loves to hear things like profits, they use that to draw their attention sometimes which is not bad. We can't deny that bitcoin does give quality return but it's also risky at the same time.


Bitcoin has limited supply of 21 millions and 19.5 is already in circulation, and the rest will be unlock through continues mining, this is why bitcoin is special but land doesn't have limited, they only appreciate when you by them in a location where people want to live. If you should buy land anywhere, it might be there for 20 years without any appreciations.


I don't think there is anywhere in bitcoin white paper that says bitcoin is money but I know that it can be use to transfer value if you wish to do so and peer to peer has long been happening before centralized exchanges where born to crypto. It's just that, bitcoin is already bigger than what Satoshi himself dream about, there is more dream on dream of Satoshi that we are seeing everytime through the growth and adoption.

There's nothing we can do if most or majority of people are really that minding much about its investment opportunity on which it is really that something that could really benefit out people to engage with it.
Of course there would be those people who do really that totally impressed about its utility and this is why they do make out such engagement but still cant really be denied that when it comes to investment
talks then those people who do appreciate its utility would really be also considering on making some holds since they do know that they could really be able to have such opportunity.
Just leave it that way because no matter how someone would be forcing about giving important into its utility which it would be normal that people would be focusing
that much about into its investment opportunity or approach on things.

So what if we would be having this way? Even if we do speak on altcoins on which we do still highly doubt that majority of people do give out importance
about its utility. We are always minding about 10x,100x,1000x.  :)

I think btc as a peer to peer method isn’t all lost to the world

I see a lot of people integrating btc into their everyday lives even going as much as adding it as a possible payment method in their businesses btc offers multiple and various benefits to us there’s nothing wrong to make use of all of it

I see no harm in promoting btc as an investment as long as they understand the fundamental concept of btc and that is to transact without any third party

It's not as "less popular" as a peer 2 peer payment system as it is an investment. It's just that when you're a newbie, or perhaps someone on the crypto scene looking to earn as much money as possible, the logical course of action is to use bitcoin as a way to earn money rather than to use it as a way to transfer money from one person to another. Just picture this, how many times in a day are you required to transfer money to a friend from a different part of the planet? Anyone who says they need to do that shit everyday is generally lying.

It's not "less popular" per se, it's just that the situation and the necessities of the people who use bitcoin on a daily basis do not call for the usage of its peer 2 peer aspect more than the investment aspect.

I was thinking about this, and realized that Bitcoin on-chain peer to peer works great for transferring large amounts of money.

If you plan to use a bank to transfer a lot of money, it is really inconvenient and it takes forever to send the funds internationally.

With Bitcoin though, you just need a few minutes and you can transfer any amount, anywhere in the world.

Yes, to pay for a coffee you would probably use a different method, like lightning for example. In the same way that you wouldn't make a bank transfer to pay for your coffee with fiat and use a card instead.

For now, many people are focusing on the price to get the profits. They have not used the uses that already exist in Bitcoin because of regulations issued by the government. They are better off sticking with Bitcoin as an investment first.

If they can profit from Bitcoin, they can improve their economy. After that, they will see the true use of Bitcoin after studying it for some time. Bitcoin is still a good tool for transactions but can only be used partially due to regulatory constraints.

We use Bitcoin as an investment and get a profit first. And when the time comes to use Bitcoin as a means of payment, we are ready to do it. Even though we can now use Bitcoin as a means of payment, there are still many of us who want to keep Bitcoin as an investment. And that's okay.