bitcoin is not Ideal, it represents possibilities.

[coynedterm]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

Your first paragraph is really true for Everytime in my life . But as your are asking about the bad future Currently Because of the double spend , hack of network and it is possible also that you can ask about the confirmation for the next post .
Here I would like to tell you that hacking of the bitcoin network is impossible because yet no one hacked this network .
Your second fact that double spend , these have solutions and also I faced the problem of double spend but I get solution simply .
If you will compare bitcoin with the Fiat then you will find that fuat have more bug then what the bitcoin have .
In my life I never faced any big problem in the bitcoin than what I faced in the practical money .

[ubercool]

Even in science there is no such thing as ideal, ideal gas, ideal number, ideal transformer, ideal conditions, because these things are supposed to be perfect but there's always have a flaws and I think that's okie.

These ideal things had bring us to this point. It serves as an outstanding peak that need to be reach in order for the system to be perfect. Bitcoin is not ideal of course there's always flaws and errors. But the possibilities it can bring brought us hope to change the monetary system. The possibilities are endless so they say and it will keep improving.😇

Bitcoin is far from ideal, otherwise it would have been adopted at the onset. But in this world, nothing is perfect. Bitcoin is better than fiat (which is also flawed) in some aspects but it has also its own set of deficiencies. We are going to witness continuous changes in our currency system and bitcoin will be one of the players in a world that's heading into a more digital future.

Bitcoin is not hackable nor can anyone bring the network down easily. It is not a total anonymous system thats why we have mixers and blenders using which we can make some transactions anonymous. Otherwise, it is just pseudonymous as exchange sites can give out your details and transaction details.

[Coin_trader]

Bitcoin is more about anonimity and i will stand on that, i have no other argument but only one thing: it's anonymous and if you are going to disagree then you need to unveil who is the real Satoshi Nakamoto.
it's anonymous, even the creator of this coin himself is anonymous.
yes it's not perfect since nothing is perfect in this imperfect world.

[btc_angela]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

Well bitcoin design has its flawed. No doubt about it. The some of your inherent risk is not a risk at all. No one has ever hack bitcoin, they can only slowed it a bit like spamming the network. Double spending, its just a small issue haven't seen anyone complain about it. Bitcoin is not perfect but I have to agree that it represents a lot of possibilities and its a great option for fiat.

[davis196]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

Nobody says that bitcoin is perfect.I don`t think that "anonymity" is a risk.It`s an advantage.
Bitcoin has some problems that stop mass adoption,but when they are resolved we can see some major changes in the finance industry.

[arklan]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

show me more than a single double spend that actually occurred.

anonymity isn't inherently negative.

the network has never been hacked.

[DoublerHunter]

I agree that bitcoin is not ideal but represents possibilities because when a country accept and open its door to bitcoin then it also accepts possibilities to have a great economy because bitcoin will help a country to have a faster payment system and more profitable because of being volatile of bitcoin to its price.

[mimini0147]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

It is definitely not ideal.

For one, the confirmation times are obviously a lot larger than it was like 3 years ago. There are scalability issues and there is obviously a lot of debate going on currently regarding how that issue should be handled.

However, ideal money is completely imaginary. There will never be a currency that is perfect in every aspect, as some aspects of money are actually contradictory to each other and cannot be achieved at the same time.

[sotoshihero]

I agree that bitcoin is not ideal but represents possibilities because when a country accept and open its door to bitcoin then it also accepts possibilities to have a great economy because bitcoin will help a country to have a faster payment system and more profitable because of being volatile of bitcoin to its price.

Agree, it really represents possibilities...too much possibilities we can imagine. We say that its a game changer in financial industry. Also the blockchain technology is really the new technology with so many application.

[azguard]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

Nothing in this world is perfect or ideal, that goes for bitcoin to.
But he is good in many ways, off course they are thing that are not good for it but in time eventually if will be all fixed and maintained to be nearly perfect or ideal.

[bitbunnny]

Perfect things don't exists and Bitcoin probably wasn't meant to be ideal. It has advantages and disadvantages like anything else but still represents big technological progress and new opportunity in the finances.Some things about Bitcoin could be improved and this could make it even better.

[staceyoh]

Yeah I think bitcoin and altcoins
is the future of money because they
give a lot of advantages to the people.
So because of this many advantages,
a lot of people are now using this.

[Naokia980]

Dont ignore the facts about world single cryptocurrency.They are money of future. We need them to make world a better place

[MingLee]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

Bitcoin was never meant to be perfect, it was meant to be good enough that the normal person could use it, contribute to it, and secure some of their wealth outside of their economic system of origin so that they wouldn't be subject to the complete control of banks and at the mercy of governments who wouldn't bail them out.
Money is never perfect, most of the time we just have to do our best and make sure that we don't mess up. We may have a "perfect" system in the future, but that is never for sure. Chances are we won't see any sort of perfect system for a long time.

[bartolo]

The biggest problem I see today are the delays in the transactions. It is necessary that the scalability debate is resolved soon to end the great traffic jam in the network. In addition it´s necessary to take into account that the world continues to work with fiat money, therefore the fear of many people is that when buying bitcoin to move it and change it for fiat again, the currency could have lost value, with the delay of transactions the fear may be greater.

[Naokia980]

The biggest problem I see today are the delays in the transactions. It is necessary that the scalability debate is resolved soon to end the great traffic jam in the network. In addition it´s necessary to take into account that the world continues to work with fiat money, therefore the fear of many people is that when buying bitcoin to move it and change it for fiat again, the currency could have lost value, with the delay of transactions the fear may be greater.

Right point.If crowd see the downgrade on btc price they are running to sell coins. But investors see that opportunity and buys that share from sellers. That's how markets work and  long term investors always win at the end.

[OneUnderBridge]

I never thought of bitcoin as money. I have always considered bitcoin as a means to engage in trade, a decentralized way to exchange goods and services. When you think about it, that's all that matters because our time and labor is the stuff that is ultimately being sought, not ones and zeros, not paper, and not any number of the trinkets which have also been used throughout history. The pyramids were not built with paper; they were built off the backs of the people.

[Duzter]

Dont ignore the facts about world single cryptocurrency.They are money of future. We need them to make world a better place

World has got lots and lots of cryptocurrencies, but bitcoin have grabbed the position to be the single currency that has the ability to serve the world countries. This happened because of the technology behind it as well the team that work even when several mastermind tries to take control of it.

[andrei56]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

No currency is perfect, every single one of them has drawbacks the important thing is if you are willing to accept them and adapt to it, some like gold, but gold can be easily stolen an it is bulky, fiat has the problem of having to trust the government to not print too much and they always betray that trust.

[btccashacc]

Three years ago or two years ago, if you asked me what Bitcoin is, I’d tell you it is the future of money. It is managed by the network, not by the government. Plus, it is private, anonymous and fast. It’s just perfect!
And Bitcoin is proved very successful. But it has inherent risks like anonymity, hacking，51%attack, double spending. Stop imagining bitcoin is perfect. No coins are perfect. I’d say bitcoin means more about possibilities, possibilities of expression of value. Before, I’ve been taken it for granted that the government should control currencies. But now I’d like to take a moment to think of the question:
“What is the nature and origin of money?”

You're right! i embraced bitcoin for the first time in the beginning of 2013 i thought that it was the "future" "private" "simplest" and "faster'' payment method well all three are doing well but the last i mean the "faster"  idk if it's just me or..? that bitcoin transaction is very slow for normal transaction you must wait 10-30 minutes to get confirmed, i know that if you want to decrease the time you must increase the fee but it's not simple anymore if we must check and estimate which fee should we use to get fast transaction. Maybe this is the only reason why i don't like bitcoin, while others I'm very satisfied.