Bitcoin Forum
July 22, 2018, 12:48:12 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Satoshi's vision has not been achieved! Why?  (Read 155 times)
pooya87
Legendary
*
Offline Offline

Activity: 1344
Merit: 1106


Buy bitcoin they said... who listened?


View Profile
February 08, 2018, 04:16:43 AM
 #21

it has not failed, not yet anyways. bitcoin has been a peer to peer digital cash all these years and it has been used as a currency. in fact the usage has been growing a lot. specially after the adoption of bitcoin as a legal way of payment aka a currency in Japan things changed a lot in 2017.
BitPay is reporting to process $110M+ in bitcoin payments per month.[1] that has to count for something don't you think?

i believe you are caught up in the past 2-3 months of high fees and some negative news that you think bitcoin has failed as a currency.

[1] https://blog.bitpay.com/bitpay-growth-2017/

1532263692
Hero Member
*
Offline Offline

Posts: 1532263692

View Profile Personal Message (Offline)

Ignore
1532263692
Reply with quote  #2

1532263692
Report to moderator
1532263692
Hero Member
*
Offline Offline

Posts: 1532263692

View Profile Personal Message (Offline)

Ignore
1532263692
Reply with quote  #2

1532263692
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532263692
Hero Member
*
Offline Offline

Posts: 1532263692

View Profile Personal Message (Offline)

Ignore
1532263692
Reply with quote  #2

1532263692
Report to moderator
1532263692
Hero Member
*
Offline Offline

Posts: 1532263692

View Profile Personal Message (Offline)

Ignore
1532263692
Reply with quote  #2

1532263692
Report to moderator
1532263692
Hero Member
*
Offline Offline

Posts: 1532263692

View Profile Personal Message (Offline)

Ignore
1532263692
Reply with quote  #2

1532263692
Report to moderator
preditor422
Jr. Member
*
Offline Offline

Activity: 89
Merit: 1


View Profile
February 08, 2018, 04:26:02 PM
 #22

Why has Satoshi's vision for the Bitcoin as a peer-to-peer electronic cash system failed?

How did the investors ruin the vision which was similar to the Napster where data was shared at its own expense and received free of charge?
First we have to understand what vision did satoshi had when he invented bitcoin.His vision was to have digital transaction with a revolutionary system called blockchain and currencies would flow all over the globe to erase all the boundaries.And almost everything is done but in a negative way.Currencies are flowing all over the globe but just to gain profits.Only 05% of bitcoin is used as a payment option is some market which was not satoshi's vision soo yes his vision is yet to achieve but i would say we need to achieve it in a positive way
nikjain422
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
February 10, 2018, 07:56:05 AM
 #23

Why has Satoshi's vision for the Bitcoin as a peer-to-peer electronic cash system failed?

How did the investors ruin the vision which was similar to the Napster where data was shared at its own expense and received free of charge?
I don't think his vision is achieved completely.We have achieved something but not fully.Bitcoin is yet to legalized,infect governments are still against bitcoin.His vision was that everybody should achieve something from this concept but here only rich are getting richer and they are manipulating the whole market making it difficult for the small investor to make any profit.Still we have to go long way inorder to achieve the vision of arguably the legend of cryptoworld.
ghost07
Sr. Member
****
Offline Offline

Activity: 448
Merit: 255


🤖UBEX.COM 🤖


View Profile
February 10, 2018, 08:00:39 AM
 #24

I don't think the vision is failed. Satoshi introduced the blockchain technology and even if bitcoin is not used for peer to peer transactions, for sure another cryptocurrency will be used in future for such transactions. Blockchain technology is still new.
I agree it is already succesful blockchain has become famous and use all over the world. Lot of the company wants to be same as bitcoin now thats why they do icos.


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
                        ▄██▄     ▀█▀      ▀█▀        
                ▄█▄    ▀██▀                           
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
                ▀█▀                                    
          ▄                      ▄█▄      ▄█▄        
         ▀█▀           ▄██▄    █████    █████       
   ██          ▄█▄    ▀██▀     ▀█▀      ▀█▀        
                ▀█▀                                    
           ▄                      ▄█▄     ▄█▄        
          ▀█▀            ▄██▄   █████   █████       
    ██            ▄█▄   ▀██▀    ▀█▀     ▀█▀        
             ▄    ▀█▀                                 
            ▀█▀                         ▄█▄           
       ██              ▄█▄   ▄██▄    █████          
                  ▄    ▀█▀   ▀██▀     ▀█▀           
                 ▀█▀                                   
            ██                   ▄██▄                 
                    ▄     ▄█▄   ▀██▀                 
                   ▀█▀    ▀█▀                          

▄█   ▄█  ▄█        ▄█████▄   ▀█▄     ▄█▀
██   ██  ██▄▄▄▄▄   ██▀   ▀██    ▀█▄  ▄█▀
██   ██  ██▀▀▀▀██  ██▀▀▀▀▀▀▀      ████   
██   ██  ██   ██  ██▄   ▄█    ▄██▀▀██▄  
▀██████▀  ▀██████▀  ▀███████▀   ▄██▀   ▀██▄
Telegram
Facebook
ANN Thread
Youtube
LinkedIn
Twitter
Medium
Reddit
Github
AGD
Legendary
*
Offline Offline

Activity: 1624
Merit: 1024


HODLER SINCE 2013


View Profile
February 10, 2018, 08:01:45 AM
Merited by Karartma1 (3)
 #25

Why has Satoshi's vision for the Bitcoin as a peer-to-peer electronic cash system failed?

How did the investors ruin the vision which was similar to the Napster where data was shared at its own expense and received free of charge?

Strange, but Bitcoin is exactly this.

Bitcoin is not a bubble, it's the pin!
+++ GPG Public key FFBD756C24B54962E6A772EA1C680D74DB714D40 +++ http://pgp.mit.edu/pks/lookup?op=get&search=0x1C680D74DB714D40
lvincent
Full Member
***
Offline Offline

Activity: 280
Merit: 102



View Profile
February 10, 2018, 08:10:52 AM
 #26

It's too early to say that satoshi's vision has not been achieved, right now bitcoin is facing some serious problem and what you said is true bitcoins transaction fee is getting larger but i think that is normal, for bitcoin to evolved or to be a better crypto of course it need to overcome those problems and no one can say what satoshi's vision is maybe it is already achieved and if it's not bitcoin still has a long journey up ahead.

supermine
Hero Member
*****
Offline Offline

Activity: 672
Merit: 516


View Profile
February 10, 2018, 08:17:55 AM
 #27

No,it is not failed.Because we are still talking about bitcoin after the ten years since it was launched.But we didn't use bitcoin in our daily usages because we still not yet ready for it.People using fiat currency system for centuries but digital currency has been in practice for less than a decade so it needs time to achieve the satoshi's vision.
Why?
Because we are the reasons still it is not yet achieved,we use bitcoin as an asset rather than currency so it is not circulating as much but in future everything will change.
kazakova
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
February 10, 2018, 09:11:18 AM
 #28

Why has Satoshi's vision for the Bitcoin as a peer-to-peer electronic cash system failed?

How did the investors ruin the vision which was similar to the Napster where data was shared at its own expense and received free of charge?

I agree with you, he mainly developed it as a medium of transaction. People are using it as an investment option.
Karartma1
Legendary
*
Offline Offline

Activity: 1582
Merit: 1060


Be Revolutionary Or Die Trying


View Profile WWW
February 10, 2018, 10:24:31 AM
Merited by AGD (1)
 #29

Why has Satoshi's vision for the Bitcoin as a peer-to-peer electronic cash system failed?

How did the investors ruin the vision which was similar to the Napster where data was shared at its own expense and received free of charge?

Strange, but Bitcoin is exactly this.

This thread is making me feel sick. The amount of crap that can be stored into people's head is astonishing.

I am not interested in preserving the status quo; I want to overthrow it. Niccolò Machiavelli
AGD
Legendary
*
Offline Offline

Activity: 1624
Merit: 1024


HODLER SINCE 2013


View Profile
February 10, 2018, 10:56:33 AM
 #30

Why has Satoshi's vision for the Bitcoin as a peer-to-peer electronic cash system failed?

How did the investors ruin the vision which was similar to the Napster where data was shared at its own expense and received free of charge?

Strange, but Bitcoin is exactly this.

This thread is making me feel sick. The amount of crap that can be stored into people's head is astonishing.

I feel good, because these are the people that panic sell. Money has to come from somewhere yknow ...

Bitcoin is not a bubble, it's the pin!
+++ GPG Public key FFBD756C24B54962E6A772EA1C680D74DB714D40 +++ http://pgp.mit.edu/pks/lookup?op=get&search=0x1C680D74DB714D40
Derizo
Jr. Member
*
Offline Offline

Activity: 106
Merit: 0


View Profile
February 19, 2018, 01:20:12 PM
 #31

Afterall, bitcoin has fulfilled it's function and has advanced the block chain to the masses. And bitcoin itself hasn't died yet, and in any case there's gonna be growth, it has yet to delight us with it's prices.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!