Bitcoin Adoption Report Card - Year 12

[worle1bm]

Wait for what?

Why are you classifying bitcoin into rich or poor, everyone can own bitcoin... a fraction of it if not whole.
Rich can certainly own a lot of bitcoin and if they want compared to poor people and then flex their bitcoins on them which they will do once they own the majority of bitcoins and poor people have sold theirs after taking the words of media that bitcoin's a bubble or illegal.

There will be different segments of society that will support the bitcoin and save their future and other who blindly trust the media and think of it as bubble but in reality it's not will end up losing everything to governments.We can put whatever we wish to do so in btc but why people always run behind owning one full coin is out of my mind? Ignore them and continue to have your own as each and everyone is capable of making his/her decision.

[syedakhlaque]

Bitcoin class adoption has become the following at year 12:

- Poor man's currency

- Wealthy man's dangerously appealing new asset class

- Middle class man's not very much. Middle class in developed countries have way better medium of exchanges (or are at least viewed as such), and middle class in developed countries aren't going to pay $6,000 for 1/10th of something, or $600 for 1/100th of something.

Overall adoption grade: B-


Discuss.

This is not the right analysis because this is the Middle class who is projecting the bitcoin and cryptocurrency. The Bitcoin business suits them regarding their financial capacity. They may have mining, trading, or stalking. They do whatever suits them.
The second class in this business are wealthy people because see have good potential in this business to invest and earn through stalking, mining, or trading.
The third class in this business is poor people. These people are eager to do this business but do not have much financial capacity to invest.But they are adopting bitcoin and cryptocurrency business regarding their sources.