Has Bitcoin reached its goal?

[indog]

For now bitcoin has not achieved the initial goal of bitcoin development and possibly in the future. Everyone will use bitcoin legally without any hesitation

[Patricia Joness]

Absolutely no, it's still far from there. The primary goal of Bitcoin was to provide the people a mode of payment that will remove all layers in between, thus the peer-to-peer system. However, it turned out that there are some issues that have to be addressed first before this goal will meet its success. Not least of these issues is about transaction fees. You cannot expect Bitcoin to become the main currency of the people if high fees are extracted from the users in every single transaction.

[bayy43]

I think bitcoin has not reached its destination because in every country not necessarily using bitcoin currency for example in my country, bitcoin currency is legalized by the government

[hibiscus]

Bitcoin is one of the greatest invention of the century and the originators intention is to provide a strong and useful coin to operate world wide for the humanities daily requirements. It is a new form of economy linked with the modern technology and the computer literacy.  Unfortunately  among the global population only 40 percentage can have the computer literacy.Now bitcoin is in its infant stage and very shortly it will achieve its goal to become a global common  currency. Bitcoins market capital and its daily traded volumes are very high comparing to the other alt coins.

[jaaeeeyyyy]

Bitcoin goals are to serve the future, to become the future. And there is always the future of every past, as well as the future of every present. So therefore the goal of bitcoin was to serve people and as long as there are people bitcoin's goal is not yet accomplished but it is in the process of accomplishing. Bitcoin is thing where we can trust our future.

[muhammedb]

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.

Yes out the price of bitcoin i think bitcoin is still very far from it goal, because i guess the mean reason why it was impliment is yet to be used for it,  secondly you can see bitcoin hit it goal today was the transaction speed and fee is not encouraging the users.

[inv_ker]

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.

For me, bitcoin's goal is to be appreciated, accredited and acknowledeged by each one of us. And through continuously helping others, I think it deserves to be really praised.

[Jay51]

Bitcoin has not achieved its goal at all. Bitcoin is still pioneering its pace to become a legitimate and recognized world currency. Like a tire in a vehicle, bitcoin is still in the stage of pumping the tire and has not started running.

[barsharkol12]

bitcoin reached it some goals,especially btc is number one crypto in other currencies. in other aspect bitcoin helps its user or investors to make their earning and money became profitable. bitcoin will continue to achieved its goal.

[letsfly]

Bitcoin havent reach its goal yet. Say for the price, it is still cheap, in regards the adaption, it is still not that popular and lots of people are not using bitcoin or dont know what bitcoin is.

[Tinker18]

No Bitcoin has not reached its destination, Bitcoin is supposed to be a world currency in which anyone in the world can use it to buy anything.

[beverly788113]

No Bitcoin has not reached its destination, Bitcoin is supposed to be a world currency in which anyone in the world can use it to buy anything.

You can see that the market crypto says them and bitcoin in particular can be seen that the market is fluctuating continuously and very difficult to guess, we can see that the market is constantly adjusting and changing very strongly. Bitcoin prices are recovering but the price of altcoin is still creating a new bottom. So I believe most people come to bitcoin just to speculate rather than invest.

[chopperchopper]

In other nation bitcoin still didn't get authentic. The administration still stress if bitcoin some time or another will driving fiat cash and influence monetary in that nation to crumple.

[ivanjosh]

Bitcoin havent reach its goal yet. Say for the price, it is still cheap, in regards the adaption, it is still not that popular and lots of people are not using bitcoin or dont know what bitcoin is.

Bitcoin they can reach their goal, goal is to serve people to future. Bitcoin is number 1 in crypto so if some people says haven’t reach it goal, but not now soon , in the future cryptocurrency is will be legal in other countries.

[acreed]

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.

I think the only one goals from bitcoin is they want their crypto currency widely used like other fiat currency without any regulation. They just want people to acknowledge them as currency.

[Ghypatt]

I don't think Btc has reached that status yet. Btc is currently undergoing adoption across the world and I think until, a good adoption is reached we can't think about it been an alternative to fiat.
Anyway, I think I'm enjoying the argument.

[Anamika143]

It has been almost 6 years since the emergence of Bitcoin. As time goes on, the popularity of Bitcoin has also increased. As long as the Bitcoin is spreading in different areas, The bitcoin market is slowly getting more and more exciting. It is easy to understand that Bitcoin can certainly reach its goal.

[Leo Barnes]

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.

In my own point of view bitcoin will fail in its goal as an alternative government currency the process will be very expensive.

[TitanGEL]

I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies.  When the altcoin market is examined, it is inextricably linked to the price of Bitcoin.  Where Bitcoin goes, so does the rest of the cryptocurrencies.  There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.

What do you think?  I'd love to hear from some crytpo veterans.

The bitcoin will become international currency, the blockchain technology has power to improve the current payment system. I am sure that many industries will adapt virtual currencies.

[Hagrigton]

I'm not sure that I could say that bitcoin has achieved any goal so far. It's still quite young in it's development and has much more to do before we can say that it is a legitimate currency. It's not being accepted by people around the world in the same way that other currencies are. It hasn't been integrated into many aspects of society. It functions as a way to transfer money from point A to point B, but that's about it. It's also a secure way (if used properly) to save up money and gain value over time. But it cannot pay your electric bills, buy your clothes from Amazon, or pay for your food at the restaurant. It isn't fast enough yet.

And where does this 250k by 2022 figure come from?