Bitcoin can never be be mainstream, because bankers and corporations....

[tarber0]

I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume.

PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english.

[Guvn0r]

"The Internet? Bah!
_{Hype alert: Why cyberspace isn’t, and will never be, nirvana}

After two decades online, I’m perplexed. It’s not that I haven’t had a gas of a good time on the Internet. I’ve met great people and even caught a hacker or two. But today, I’m uneasy about this most trendy and oversold community. Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic.Baloney.

Do our computer pundits lack all common sense? The truth in no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works."

WHY THE WEB WON'T BE NIRVANA - BY CLIFFORD STOLL ON 2/26/95 AT 7:00 PM

[Queen12]

But if the lightning network improves bitcoin's lack of money,
So it is quite possible that bitcoin will revolutionize the banking industry in the future, so I am more optimistic about the future of bitcoin.

[tarber0]

But if the lightning network improves bitcoin's lack of money,
So it is quite possible that bitcoin will revolutionize the banking industry in the future, so I am more optimistic about the future of bitcoin.

thanks, but banks control governments, and governments make cruel rules. the banking industry will lose its power to print paper ang call it money, or buy real money (e.g gold/bitcoin) with those papers. so their whole power to bring money out of thin air will be at risk if crypto is mainstream

[butka]

THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

If they can help it, the bankers and corporations won't allow the bitcoin mass adoption. The question is whether or not they can stop the wheel from turning now. And yes, they will fight it with every resource they have at their disposal. Maybe it won't be a bloodshed, but it will be a good fight, that's for sure.

There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume.

It's too early for that. I think such writings will follow, once mainstream adoption has become certain.

[hodlftw]

Dude what you fail to understand is that they don't have a choice in the matter. The only choice they get is if they want to be apart of the revolution or sit idly by on the side and not get a piece of the action. We all know what they want in the end (money) so suffice to say Bitcoin will be successful because of that and not in spite of it.

[cosmoo]

Bitcoin already was a mainstream last autumn. For now, people forgot about Bitcoin, just because it isn't growing. For now it's more stable.

[Marlo Stanfield]

I don't think it will be like that at all personally. As Bitcoin itself begins to become more common and integrate itself into the global economy, there will be money to be made providing financial services for Bitcoin. Clearly the average person is not remotely close to being able to secure their own BTC or other similar assets. And why wouldn't banks, who have existed forever, continue to provide protection for people? It's what they do. No reason why they won't be ready to make a ton of money doing what they do in my opinion.

[ss890]

I think no one is scared about the bitcoin and its revolution. I do believe that crypto currency is not revolutionized yet as there is no real world applications of the bitcoin itself. Its a currency or not is the biggest debate thats going on right now.

Also big giants will always accept bitcoin if they see there is whole new possibility of bitcoin usage in swift way. They currently do have best and stable option of all time and thats fiat currency itself.

Bitcoin is in our heads right now because we are using it on daily basis but not the whole world knows about it.

Its just scratch on the earth right now, so i think speaking about its mainstream entrance and all is not very big stuff right now.

[mikki14]

Some banks have some issues regarding bitcoin while some supports it. We cannot generalized banks. In our country, there is a bank behind an app for bitcoin exchange. They acknowledged and saw the potential in bitcoin.

[dothebeats]

I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

It's true that bankers have a lot of power in terms of control and whatnot. Ever since banks were established, they literally just limped the helpless and trashed the needy by making some policies which destroys the average man's financial state while they still rake in profits. Although I want bitcoin to take over the global financial system and replace fiat completely, it simply isn't going to happen, but it still can exist side by side with other established currencies.

another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

People will always think about fiat as the end result of their crypto investments/profits since it is the only currency that is globally accepted, and the fact that you cannot use bitcoin for basic day-to-day transactions like buying groceries, paying for gas etc. If bitcoin can be widely used, I somehow think volatility will come down and people will keep their bitcoins as is.

--

In the grander scheme of things, bitcoin might seem too little to make a dent in the global financial system, but at least it's making some innovations on technology and helping people understand that they don't need to rely on banks to handle and safeguard their money. It (bitcoin) is making a change, albeit slowly yet steady for most people who knows it and use it.

[lionheart78]

Bitcoin already was a mainstream last autumn. For now, people forgot about Bitcoin, just because it isn't growing. For now it's more stable.

Still the main stream. Cryptocurrency in general is the mainstream and till now, though bitcoin has gone down so low, still the crypto king. Until now no other coins have surpassed the fame of bitcoin and i dont think there will ever be.

[cryptohipo]

I think at this time it is very hard to become bitcoin as a mainstream. It is just because the governments will not allow it. As they don’t get any tax from it and they don’t get benefited. But I hope in coming future bitcoin will become the mainstream and no one will be able to stop it.

[jhon_21]

May be its wont gonna happen based on technological developments day by day it will be mainstream because everyone want to live their life easily so btc makes this facilities and this may applied in various sectors so banker or organization might not be affect on it based on its facilities.

[bad_apple]

I think as of now, Bitcoin can never be mainstream, and yes it is because of the bankers and corporations (as one of the major contributors in the price of Bitcoin). These factors can "manipulate" the ups and downs of the market due to the "privileges" they have.

[TommyJr]

you are quite right but the main fact is that bank can be regulated by government but bitcoin not.

[charlotte04]

I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume.

PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english.

Someday, banks and corporation will have a huge deal inside the crypto currency community and would bring us a lot of investors. We should be glad if they accepted it.

[Vanja]

The Roman empire did not stop Christianity, but accepted it as its main religion and tweaked to emperor’s needs.

[Kakmakr]

You know, every technology gets resistance and even credit cards went through the same thing with governments. Credit card use didn't really take off until 1978, when a Supreme Court ruling allowed nationally chartered banks the ability to charge out-of-state customers the interest rate set in the bank's home state.

People were used to cash and they resisted the technology when it was first introduced.

Bitcoin is going through the exact thing now, but the only difference is that Bitcoin is a community/public driven thing and it is not backed by large Banks. We will have to fight the small battles day-by-day, until we win the War.   

[CryptoSifus]

I have studied bitcoin economics deeply and as we all know its very fascinating, but since the begining of paper currency THE BANKERS and CORPORATIONS have got o strong and are so much used to suck easy blood of generals that i dont think they will simply allow bitcoin revolution to pass, atleast there will be a WW type of bloodshed globally in order to this system to come into force completely.

another thing USD is so volatile against bitcoin that people are so much worried to switch to bitcoin revolution, because in there mind everything is pegged with USD/FIAT, which i think is artificial.

There are still some mature writings missing on the broad economic implementation of bitcoin, or atleast there is a need to collect small writings and collect it in a single big volume.

PS. i dont know if i am allowed to post here or not, if i am too low in rank to post in this thread, then kindly delete my post. sorry for my bad english.

The beautiful thing about crypto is it makes the banks and governments of the world irrelevant.
They will either wither and die or innovate and participate.

This is a global revolution and will be won without a single shot being fired.

The worlds financial cartels are grasping at straws to try and control us. The only thing they will have once they no longer control the money supply is a greatly reduced threat of force.

After all who will fight and die, kill their brothers and sisters for a bankrupt state that no longer has the ability to support them financially.
Bitcoin is the perfect storm and it's coming for the banksters and their corrupt government lackeys.

They will all be a distant memory soon and only remembered for their participation in one of the most tyrannical periods of human history.