Guys yesterday had a conversation with a friend and we found ourselves discussing this issue: What is the best and worst case scenario for Bitcoin?
From the conversation it emerged (this is not from using bitcoin as investment vehicle) purely by assuming we understood the objectives of Satoshi lol! would be:
Worst case scenario: It is overtaken by govt cartels and it becomes another type of gold just a store of value with huge transaction fees, also it finds a stable price which does not augur well with "investors" and thus the perceived bitcoin bubble maybe a price of $3000 maybe not a pessimistic though
Best case scenario: Bitcoin lives to serve its purpose of being the internet currency with global adoption of-course "rekting" government and other central capitalistic entities. In a nutshell promoting financial inclusion worldwide.
Those are just thoughts of guys who were having a beer and maybe we thought too much but anyways members can contribute hoping to be roasted as well for my bitcoin newbie thoughts
The best case scenario for bitcoin is that before the next economic crisis bitcoin is finally ready to be adopted by billions of people that are going to be desperate to try to find a way to protect themselves from what is likely to be the worst crisis that the world has ever seen, if that happens it is very likely that bitcoin is going to be adopted by so many people that even if fiat and banks keep existing they will become a lot less powerful than before.
The worst case scenario is that bitcoin is subverted by governments and banks and becomes a tool for them to become even more powerful than before and if that happens I do not know if we will ever have a currency that is not a slave to them.
