HI,

any BDO players here? Id like to buy a costume in game but i dont want to buy it with my bank card, so if anyone wants to buy it for me, Id send him BTC in the  value of the costume. If anyone's interested hit me up!

The price of BTC is an indicator of its acceptance , its value should drop if it becomes outdated / obsolete. For many today, BTC is almost synonymous with crypto-currency but it is not the many who we should listen to for investment advice. When enterprise starts dropping BTC in favor of something else I will look for an opportunity to pull out and transfer my funds into the futuristic. People follow leaders, and prices follow people.

My advice is to use your money as a method of 'voting' for something. If you like the ideas of the Bitcoin project, give it your money to support it. If you don't care for the principles behind the things you buy into and are only looking for investment / earning opportunity then the reason for buying (or selling) BTC is of course its volume and volatility which rewards , IMO , short and medium term investments. Long term investing and long holding in my opinion these days is risky. New technologies, protocols and ideas are leaking out of new developing technology and blockchain sectors and BTC could soon become obsolete. But then again, the value of something is not only determined by the value it provides. BTC holds its value also due to the human psychology and marketing. How long will that be enough to hold outdated technology above the water is up to you to research and decide (or for another topic) ..

The next big thing is International nation of hackers & geeks. I don't think BTC will or that it needs to replace fiat currency, I cannot imagine buying breakfast in my local vegetable shop with BTC. TBH, I cannot imagine people working there to even begin to understand what bitcoin even is (not even vaguely). The step foward for BTC and crypto in general, IMO, is making more commodities possible to buy with BTC and for that we need still some technological innovations, beter transportation infrastructure etc.  By the time people start accepting crypto for things like carrots for my breakfast salad, in local stores, i think they will then be enlightened enough not to charge money for food and basic sustenance (urban gardening, 3d organic printing, molecular recombination processes). The age of plenty is coming and crypto will have it place in directing human and AI energy into completing projects of value to the (worldwide) community. Currency as a vote, not as a bet!!

I was bit-curious from the first time I heard of bitcoin while reading an article on crypto-anarchy. Its disruptive potential and ability to create local (third-party independent), p2p infrastructures of value got me hooked so as soon as I earned some $$ i started research and investing. These days I prefer the ideas of Etherium and local-community based or project based tokens of value, but BTC was surely a tipping point.

In my opinion it would be a dumb idea not to use cars so that chariot drivers can keep their jobs. In order to earn money, you must be of some value to the system that gives out money. Manual work has less and less sense in the robotic/information age. Would you give me money to keep your beer cold by pouring cold water on it all day? No, you probably have a refrigerator.

One of the reasons Bitcoin was made was so we don't pay taxes to a third party (government) that then uses them to buy guns, war machines and surveillance equipment and puts a % of your taxes in private pockets due to inability of traditional accounting to 'account' for cash flow. Crypto-government run on smart contracts, full-transparency, I can see using crypto as main token of value but I imagine the future as small(er) communities using local crypto (e.g. BerlinCoin, UKCoin...) and connecting to the worldwide market via a standard, but I doubt BTC, more probably Ether as it is a platform on which local values can be made (so it is of value to the local community).