The future of Bitcoin as a sustainable currency.

[MeEsH BaCcA]

Bitcoin needs to be traded for goods and services for it to be a viable currency, in the past (and currently to a lesser extent) DNMs and illicit trades were the driver for Bitcoin and cryptos worth, but that is never going to support growth into general use.

 I believe that 2017/18 was the worst thing to happen to Bitcoin and crypto currency in general, it burst into the lives of the majority of the population only for them to get fucked by POS scammers, bullshit Facebook scams and ICOs, the bubble was always going to pop but the level of dishonestly is something the average person isn’t going to forget for a long time. On top of that the instability (and Tx fees during the tulip rush) in prices of the crypto market has seen a lot of the DNM sellers and other illicit uses shut shop meaning the use as a currency is declining. All you have in it’s place are speculators and traders propping up the price, not going to end well for anyone.

As a community this large there must be people with the skills and creativity to come up with a sustainable public facing way of using Bitcoin/crypto as a form of currency, be it a Ebay-esque site to trade legal goods, or even setting up local networks for people to trade between themselves. I understand this stuff costs money, but so does bitcoin failing as a currency. As a community could something like this be crowd sourced between us all? I’d happily commit time and effort into an attempt at creating something that can show crypto isn’t just for buying weed online and laundering money.

Just my thoughts anyway

[1714926576]

1714926576

[hatshepsut93]

Bitcoin needs to be traded for goods and services for it to be a viable currency, in the past (and currently to a lesser extent) DNMs and illicit trades were the driver for Bitcoin and cryptos worth

Last time I heard, illegal transactions were only 1% of Bitcoin's volume, this is hardly a driver for Bitcoin's price.

I believe that 2017/18 was the worst thing to happen to Bitcoin and crypto currency in general, it burst into the lives of the majority of the population only for them to get fucked by POS scammers, bullshit Facebook scams and ICOs, the bubble was always going to pop but the level of dishonestly is something the average person isn’t going to forget for a long time.

No arguing that ICOs and alts are scams, but the bubble wasn't caused by them, and they didn't pop it, Bitcoin was the culprit because it dictates the prices of all cryptocurrencies, both today and back then.

As a community this large there must be people with the skills and creativity to come up with a sustainable public facing way of using Bitcoin/crypto as a form of currency, be it a Ebay-esque site to trade legal goods, or even setting up local networks for people to trade between themselves.

There's no lack of services that are built around Bitcoin, they just can't take off Bitcoin there's very little interest from the general public. Most people have already heard about Bitcoin and they are not interested.

[mk4]

Bitcoin will be adopted when it's ready to be so. For now, pretty much all we can do is to wait.

About the scams though? While it's definitely unfortunate that a lot of people lost money due to they scams(and possibly are turned away from the cryptocurrency space because of this), there's so little we can do unfortunately. Scams have existed since forever, and will continue to exist for years to come. It's honestly partly their fault, as they just throw their money wherever, without doing any research at all.

[o_e_l_e_o]

Bitcoin will be adopted when it's ready to be so. For now, pretty much all we can do is to wait.

I disagree.

We can push for adoption. Sometimes I feel like a bit of a broken record saying this. People seem keen to just do nothing and wait for a shop, service, facility, person, whatever to accept crypto. If they don't know the demand is there, then they have no reason to adopt it. Ask them to accept crypto. State you want to pay in crypto. Get your friends to do the same, and then support the business in doing so. Obviously you can't do this in big supermarkets, but it is completely possible for smaller and independent retailers, tradespeople, etc. After asking repeatedly over a couple of months at one of my favorite sellers at my local Farmers' Market, he now accepts bitcoin and I pay in bitcoin every time I'm there, and I'm no longer the only one. This would never have happened if I hadn't made the first move. Don't just sit and wait for adoption - go out and help!

[Pab]

I agree with you that Bitcoin must be more in use like a currency globally accepted by merchants
I very much count on Bakkt i see Bakkt developers are putting great effort for Bitcoin mass adoption
Unfortunately Bakkt launch is experiencing delays because of USA shutdown
I have found really good article what is explaining what Bakkt going to be

http://fortune.com/2019/01/14/bakkt-acquisition-consumer-payments/

I think 2019 will be dedicated to build reputable services and from 2020 we will see more adult and legitimate market

[Alone055]

~~

Though I totally agree with what you said, but to be honest, it is not really possible to be done by everyone living in any corner of the world. There are still countries where Bitcoin is not so general among the general public, which doesn't make it possible for even a small retailer to accept it since they won't do it if you are the only customer for them to pay in Bitcoin. It wouldn't be of help that way. Who (possessing Bitcoins) doesn't want to have a place around where they can buy something paying with Bitcoins? But again, it is not yet possible for some people to get this to happen. In my case, since I know that not a lot of people around me know about Bitcoin in general, I feel uncomfortable in asking to pay with Bitcoin, because I know it would be awkward if they don't even know about it.

[dothebeats]

-snip-

Being proactive helps, and similar to what you have done, my local pub now accepts bitcoin and ETH for the drinks. A few drunken conversations with the owner plus some sober, straightforward exchange of ideas led him to consider integrating bitcoin and ETH payments on his shop. At first he was quite hesitant knowing that there isn't a wide market for cryptocurrencies, but after convincing him that cryptos are not his goods but his drinks and service and crypto is just a payment/investment if he so do wish, he thought about it and QR codes are just at the counter if someone wants to pay for crypto. While services and big companies are on their own when deciding for these kind of things, do remember that it's us, the consumers, who are the primary reasons why they are doing some shits and stuff to their brand.

[o_e_l_e_o]

In my case, since I know that not a lot of people around me know about Bitcoin in general, I feel uncomfortable in asking to pay with Bitcoin, because I know it would be awkward if they don't even know about it.

When I first asked my farmer friend, he had never heard of bitcoin. After I think 3 or 4 weeks of asking him, he said he had read a bit about it but didn't really understand it. Over the following weeks we talked more about it, and I answered some questions he had regarding transactions, wallets, that kind of thing. Then the conversation moved on to whether he should accept it and trade it instantly to fiat, or hold on to it himself.

It took a few months, but he went from having never heard of bitcoin to accepting it as a payment. If we don't talk to people who don't know about bitcoin, then it will never grow.

You could also take dothebeats' advice and get drunk first to get over the uncomfortableness.

[bitvalak]

Actually the application of bitcoin as a payment tool already exists in several online stores. For example, like Fasttech, you can use BTC, ETH to XMR for payment instruments. This shows that there are already those who use it, we as cryptocurrency users will certainly prefer it because it does not need to be complicated to exchange money in virtual forms like paypal and the like.

[Slow death]

Bitcoin needs to be traded for goods and services for it to be a viable currency...

But to do this we need governments to regularize this cryptos market. The lack of regulations are the main obstacle for mass adoption and for us to see bitcoin being used as a means of payment in all countries of the world. Without regulations, it is not possible to use bitcoin as a means of payment worldwide. we must persuade governments to regulate this market

Actually the application of bitcoin as a payment tool already exists in several online stores.

is still very restricted to a small portion of people compared to the number of people in the world

[MeEsH BaCcA]

DNMs might only be 1% of current volume but that is probably a significant percentage of bitcoin being used to buy and sell goods or services rather than being traded online as a stock.

Being proactive seems like the best idea, it’s just hard knowing where to start. I do small bits of work for friends for BTC etc but it feels like I’m pissing into the wind sometimes...

[avikz]

As a community this large there must be people with the skills and creativity to come up with a sustainable public facing way of using Bitcoin/crypto as a form of currency, be it a Ebay-esque site to trade legal goods, or even setting up local networks for people to trade between themselves. I understand this stuff costs money, but so does bitcoin failing as a currency. As a community could something like this be crowd sourced between us all? I’d happily commit time and effort into an attempt at creating something that can show crypto isn’t just for buying weed online and laundering money.

Just my thoughts anyway

Noble thought! Even I am ready to commit my time into marketing such efforts. This community is already executing small trades for purchasing services and collectibles as well. But service and collectibles are not such item which can make great impact to the market.

An website like ebay is certainly a good idea but that platform has to be originated from a crypto friendly country with the capability to ship worldwide. However, the major challenge is the cost. If I want to buy a certain product, it will be be costlier for me if I source it from a foreign country than my local market. That's where the bottleneck is for such platforms. Think about it.

[MeEsH BaCcA]

Public perception needs to change, my thinking is seeing smaller places or any places starting to offer crypto as a payment option would help normalise it, rather than being the thing they spent ages jumping through hoops to buy only to be left with falling in value like a stone with nowhere to spend it.

Obviously there are another technical issues with Bitcoin for example like high TX fees during busy periods but I suppose that’s where either technical improvents come or something else down the line.

There must be others on this site who feel the same way I’m sure.

[kotajikikox]

Bitcoin will be adopted when it's ready to be so. For now, pretty much all we can do is to wait.

About the scams though? While it's definitely unfortunate that a lot of people lost money due to they scams(and possibly are turned away from the cryptocurrency space because of this), there's so little we can do unfortunately. Scams have existed since forever, and will continue to exist for years to come. It's honestly partly their fault, as they just throw their money wherever, without doing any research at all.

Impact 2017 during the price of bitcoin is in the pedestal on top as very expensive currency among other currency people was easily to convince and adopt bitcoin as legal tender no need to worry bitcoin will on top again and mos probably bitcoin is useful not a scamm only people use bitcoin to made scam.

[Indrawan77]

Bitcoin will be adopted when it's ready to be so. For now, pretty much all we can do is to wait.

I disagree.

We can push for adoption. Sometimes I feel like a bit of a broken record saying this. People seem keen to just do nothing and wait for a shop, service, facility, person, whatever to accept crypto. If they don't know the demand is there, then they have no reason to adopt it. Ask them to accept crypto. State you want to pay in crypto. Get your friends to do the same, and then support the business in doing so. Obviously you can't do this in big supermarkets, but it is completely possible for smaller and independent retailers, tradespeople, etc. After asking repeatedly over a couple of months at one of my favorite sellers at my local Farmers' Market, he now accepts bitcoin and I pay in bitcoin every time I'm there, and I'm no longer the only one. This would never have happened if I hadn't made the first move. Don't just sit and wait for adoption - go out and help!

Yeah we need more helping hand, if everyone keep on waiting then we can't achieve anything, the popularity of bitcoin is quite high, but most of people didn't know that bitcoin supposed to be a currency, most of them treated bitcoin as form of investment, we need to give them proper acknowledgement, in my country bitcoin still in grey area, it is illegal to make a purchase using bitcoin, but we still can educate people about bitcoin through seminar and other activity

[mk4]

*snip*

The thing though is that it's really debatable if bitcoin is ready enough for your mom & pop store transactions, as I'm pretty sure a lot of non tech-savvy people wouldn't want to go through the hassle of properly backing up private keys and such, and they definitely wouldn't want their earnings dropping in price due to volatility. But that's what services like BitPay are for I guess?

Anyway, I somewhat agree. No matter how low the chances of convincing them to actually accept bitcoin, it definitely still helps adoption. Something something strength in numbers.

[pooya87]

Bitcoin needs to be traded for goods and services for it to be a viable currency,

that is true.
and that is happening. which is why the price has been going up solidly and staying up. why do you think a decentralized digital currency is worth more than three thousand dollars?

in the past (and currently to a lesser extent) DNMs and illicit trades were the driver for Bitcoin and cryptos worth, but that is never going to support growth into general use.

lesser extent in this context means a percentage so negligible that is is not even worth talking about. specially since you are talking about bitcoin (a non-anon coin) not some anon coin like monero. so i don't even know why you brought this up here!

I believe that 2017/18 was the worst thing to happen to Bitcoin and crypto currency in general,

no it was not. both years were good years with 2017 being one of the best and not because of price but because of the adoption growth that we had. you seem to have forgotten the fact that we took at least 10 big steps in adoption whereas normally 1, 1.5 step per year is taken.
need i remind you of countries such as Japan and their adoption of bitcoin as a legal way of payment?

it burst into the lives of the majority of the population only for them to get fucked by POS scammers, bullshit Facebook scams and ICOs,

so you just explained the thing that has been going on from day on and is still going on!
watch the altcoin market and you will see the bullshit coins every day!

a lot of the DNM sellers and other illicit uses shut shop meaning the use as a currency is declining.

again you are repeating the same thing. they are still accepting anon coins such as monero in dark net, just like before. bitcoin's usage is still the same tiny negligible amount also by those who haven't yet figured out bitcoin is not anonymous.

As a community this large there must be people with the skills and creativity to come up with a sustainable public facing way of using Bitcoin/crypto as a form of currency, be it a Ebay-esque site to trade legal goods, or even setting up local networks for people to trade between themselves.

that is already happening, you just have to stop hanging out in dark net markets and start hanging out in real world where legal infrastructure has been built and has been working for a long time

[o_e_l_e_o]

The thing though is that it's really debatable if bitcoin is ready enough for your mom & pop store transactions

Agreed, especially if we are going to be moving towards lightning network. I've only dabbled with lightning so far, and I understand it's effectively in a pre-alpha stage and a long way from general use, but it seems significantly more complex to set up than a standard transaction. There's definitely a big hurdle in terms of ease of use to get over before widespread adoption.

My next targets are my gym and the coffee shop next to work - both are independent, single location businesses.

[mk4]

*snip*

Definitely. There's definitely some more complications concerning lightning when talking about non tech-savvy people. But of course, technology moves forward along with ease-of-use. It will be ready in time.

Anyway, best of luck with your publicizing of bitcoin. +1

[MeEsH BaCcA]

-Snip-

I think you’ve miss understood what I were getting at with this thread, I was thinking of ways to improve the optics of crypto in general. 99.999% of the general population couldn’t give 2 shiny fucks about anonymity as social media is a testeament to.

I’m aware of the limitations of Bitcoin, I’m also aware of the sentiment of the majority of people in real life I have noticed with regards to Bitcoin or crypto in general. Bitcoin is headliner for them and I’m fairly certain wouldn’t be able to name another coin.

I’m thinking long term, and maybe I should have used crypto currency in the title instead of Bitcoin I thought it might have been a good thread to generate conversation on crypto as a whole.

Edit: That  un-ironic big in Japan 

[Ucy]

Bitcoin needs to be traded for goods and services for it to be a viable currency, in the past (and currently to a lesser extent) DNMs and illicit trades were the driver for Bitcoin and cryptos worth

As a community this large there must be people with the skills and creativity to come up with a sustainable public facing way of using Bitcoin/crypto as a form of currency, be it a Ebay-esque site to trade legal goods, or even setting up local networks for people to trade between themselves.

There's no lack of services that are built around Bitcoin, they just can't take off Bitcoin there's very little interest from the general public. Most people have already heard about Bitcoin and they are not interested.

Majority of people won't like cryptocurrency very much while still having digital fiats that are convenient to use..
The only "nice thing" that brought people to Bitcoin has been taken from them.

Trading is still profitable but only few people have the patience and skills to stick around and learn it.

[MeEsH BaCcA]

There's no lack of services that are built around Bitcoin, they just can't take off Bitcoin there's very little interest from the general public. Most people have already heard about Bitcoin and they are not interested.

Majority of people won't like cryptocurrency very much while still having digital fiats that are convenient to use..
The only "nice thing" that brought people to Bitcoin has been taken from them.

Trading is still profitable but only few people have the patience and skills to stick around and learn it.

I can understand why people were buying crypto like crazy during the end of 2017, everyone wanted a slice of the get rich quick action. What I’ve noticed is, since that and the expensive TX fees the vast majority of high profile or easily accessible to the public places such as steam, pretty much every online computer retailer in the UK, nearly every single E-sig store on the high street in the UK, micro brewery pubs, independent coffee shops etc... today no longer accept Bitcoin or any crypto. In my eyes that’s a massive step back.

You’re right, digital fiat commerce is much more convinent and I wasn’t suggesting cryptos would be threatening than market but it’s the public perception, normalisation of seeing a Bitcoin sign or “crypto accepted here” that the public walk past and become more aware of.

I can remember growing up just before the internet became mainstream, people would have thought you were mad if you suggested putting your credit card details into some website to buy something, we have shops and mail order for that Etc... Now high street is dieing 20 years later, normalisation is a powerful thing, and crypto fluffed it with what happened in 2017.

[LeGaulois]

We need to change the mentalities of people and the finance industry. People are so used with the current system that they can't imagine an alternative is possible. They need to understand the Bitcoin's ideology, its advantages (as well as disadvantages), how we can change the economy and why it would be better to BYOB.

More the demand increases more solutions will come naturally, we will always have people/companies ready to provide solutions/services/open source projects/...  By demand, I mean people using it for real usages and not for trading). When the adoption will really start then we may begin to think that companies would have real advantages in using Bitcoin (either because they could increase their market, or because they would have a financial advantage, whatever reason).

Regulating Bitcoin is removing one of its advantages, and not a small one. Over-regulating will simply kill what Bitcoin was supposed to give us. At best, it will so become just another SOV or a currency only used on the www by few people and few e-commerce.

[BrewMaster]

i wouldn't call it worst year for bitcoin, etc to be honest. yeah we had a lot of scams and a lot of newbies lost a lot of money but that is just how the altcoin market has always worked. if you look at the altcoin charts you can see that every year or so we have the same situation with them being pumped a lot and then get dumped on the newbies who decide to bag hold them.

you are also ignoring all the real growth that bitcoin had during 2017 and 2018. with all the real adoption and the increase in number of merchants that are not accepting bitcoin as payment. not to mention how lightning network has been setting a new record every month.

[Dron555]

Bitcoin will do well. I can give an example of its value easily
1) I came to Munich, I had to change dollars for euros, you think it was just no, I had to go to the central bank all day and they told me the address of the bank that accepted dollars (at the station in the basement near the McDonalds and toilet was an American bank) The next time I changed bitcoins in 10 minutes.
2) I take myself to a citizen of the world and I want to freely move everywhere, and not to explain and lose time at the airports why and where I carry so much money, this is my own business.

Maybe someone will tell me to use credit cards, in that case I remember how easily they are stolen and you remain a beggar, hello to France. Plus, these are too old technologies and slow ones, those who have encountered their inhibition will understand me.

[BlackPanda]

Yes Bitcoin has a very good future, with support From various parties, Bitcoin is very likely to be a future of the digital financial system.
We all are just waiting for the occurrence of an ecosystem that is evenly distributed, Bitcoin will be a thing to look forward to in the future.

[Blockchainer06]

Money itself is a kind of credit, as long as the recipient believes that these currencies received this time can still be used for equivalent payment next time, whether the currency itself has value and use value is not important.
Earlier money, such as gold and silver, still had a certain use value, but its use value was far below the exchange value, which was rooted in the belief that it could continue to be used. With the development of monetary form, modern credit currencies such as French currency have almost no use value, but French currency can still be exchanged with other commodities as general equivalents, which is guaranteed by the law of the country and the trust of the people. Once the people lose trust in the government, this guarantee will be ineffective. In Zimbabwe, for example, because of hyperinflation caused by excessive currency issuance, nobody wanted to hold the Zimbabwe dollar, and eventually the government had to abandon issuing its own currency and allow the use of foreign currencies.
Similarly, Bitcoin, like French currency, has no use value. What guarantees its credit and exchange value is an impeccable cryptographic algorithm and an open distribution mechanism.
Bitcoin has been attacked by hackers for more than eight years, but it has never been attacked, and its security and reliability have been fully verified. Historically, hackers such as Mt. Gox have stolen bitcoins because of poor internal management, insufficient system security and even self-theft. Additionally, the natural scarcity of Bitcoin's 21 million issuance cap is comparable to or even beyond gold and silver, making it more trustworthy than most French currencies.

[Kakmakr]

I agree with you on the fact that we need to have more killer applications for Bitcoin to make it a sustainable currency for the future and that is why I suggested this, https://bitcointalk.org/index.php?topic=5104499.msg49541786#msg49541786   

Yes, we cannot ignore the fact that Bitcoin will be used for illegal activities, but it is the norm for all currencies and payment systems around the world. <Cash, credit cards, PayPal etc.>

Changing people's perception after all the damage that was done with scams and hacks, might be our biggest challenge in the future. 

[eaLiTy]

I agree with you on the fact that we need to have more killer applications for Bitcoin to make it a sustainable currency for the future and that is why I suggested this, https://bitcointalk.org/index.php?topic=5104499.msg49541786#msg49541786   

There is no doubt about having great front end application, which attracts novice users to bitcoin and we need to find more solutions on holding the coins in exchanges, hopefully we will have a dual private key system in the future so that no coins will be hacked in the future from any exchanges.

Yes, we cannot ignore the fact that Bitcoin will be used for illegal activities, but it is the norm for all currencies and payment systems around the world. <Cash, credit cards, PayPal etc.>

A good analysis can find the entire transactions and if someone is doing something illegally, i am sure with the right sense he would not want the world to know that and have an online record for transaction for his act. Only fools will do such things, billions of fiats are transfered to terrorist groups, how come we find that terrorist groups are funneling bitcoin to fund their activities, how come he know that, it is simply because everything is transparent.

Changing people's perception after all the damage that was done with scams and hacks, might be our biggest challenge in the future. 

The bigger transaction fees was the first hurdle as many merchants stopped accepting bitcoin and then comes the hacks and scams, with regulations and tight scrutiny we could control this and hopefully we will achieve this.

[o_e_l_e_o]

There is no doubt about having great front end application, which attracts novice users to bitcoin and we need to find more solutions on holding the coins in exchanges, hopefully we will have a dual private key system in the future so that no coins will be hacked in the future from any exchanges.

Surely if exchanges do this, with essentially a multi-sig wallet for each customer, they are then would be unable to pool funds into cold storage wallets or batch transactions. Fees would go up, not just for this reason, but also it would be a huge amount of extra work to process withdrawals.

In terms of a "killer app", I'm envisioning something like a reverse BitPay, where I can swipe my phone over a payment terminal and it would debit my wallet with the right amount of bitcoins, automatically convert them to fiat, and then pay the merchant in fiat.

[GunsLair]

The forecast for bitcoin's price for 2019 is very difficult to make, since there are still many obstacles and possible prohibitions on its way. But many analysts and traders are inclined to believe that bitcoin is expecting steady growth this year, thanks to large companies that are able to increase the amount of invested funds in it. And I agree that bitcoin expect a prosperous future.

[pawanjain]

Bitcoin will be adopted when it's ready to be so. For now, pretty much all we can do is to wait.

About the scams though? While it's definitely unfortunate that a lot of people lost money due to they scams(and possibly are turned away from the cryptocurrency space because of this), there's so little we can do unfortunately. Scams have existed since forever, and will continue to exist for years to come. It's honestly partly their fault, as they just throw their money wherever, without doing any research at all.

That is the reason why they say that nobody is perfect. Nobody could design a system that does not have any defects.
Bitcoin will grow and spread when it has to. Few of the successful things have become successful on it's own and bitcoin might be one among them.

[deisik]

In terms of a "killer app", I'm envisioning something like a reverse BitPay, where I can swipe my phone over a payment terminal and it would debit my wallet with the right amount of bitcoins, automatically convert them to fiat, and then pay the merchant in fiat

But isn't this exactly how Bitcoin payment cards are supposed to work? When you pay with them, basically the same sequence of events occurs. At first you send bitcoins to your wallet and then at the cashier's your bitcoins get converted to fiat which is paid to the merchant. And as far as I know, BitPay also issues prepaid Visa cards. In this way, a debit card is working like your phone (and if you ask me, payment cards are more convenient)

So what did I miss in your post (or maybe something else)?

[arpon11]

Bitcoin been used as an exchange for goods and services without third party involvement was the major reason for it developments and we are still far from achieving that.  If we must keep third party out of transactions then we must try and understand what blockchain stand for and stop using bitcoin as a speculatives assets. For big companies and individual to start using bitcoin as a mode of exchange for goods and services bitcoin must be able to get stable in pricing because that is were the whole issues are.  The volatility nature of bitcoin is not too favorable for adoption.

[o_e_l_e_o]

-snip-

In my opinion, payment cards are way less convenient. I'm thinking of something like Apple Pay or Google Pay, without pre-paying or pre-loading anything, without registering and giving away your details, etc. Just your bitcoin wallet on your phone, swipe a terminal, paid. <5 seconds, no KYC, no hassle. Essentially allowing you to pay in bitcoin to stores that don't yet accept bitcoin. That's an app I would use, but perhaps others don't feel the same.

[deisik]

-snip-

In my opinion, payment cards are way less convenient. I'm thinking of something like Apple Pay or Google Pay, without pre-paying or pre-loading anything, without registering and giving away your details, etc. Just your bitcoin wallet on your phone, swipe a terminal, paid. <5 seconds, no KYC, no hassle. Essentially allowing you to pay in bitcoin to stores that don't yet accept bitcoin. That's an app I would use, but perhaps others don't feel the same

If no KYC (or anything similar) is required, then I'm okay with that

I just meant to say that using phone (physically handling it) is not very convenient. Why would anyone want to see your phone at all, especially when you are standing in line? I've seen people using their phones this way, and it doesn't look like a very bright idea to me

Though personally, I would prefer to have that option for litecoins as Bitcoin should be used as a store of value and as a tool for wealth transfer (I mean real wealth). You see, Bitcoin gives value to altcoins (this goes without saying and further debates), so if Litecoin usage expands, Bitcoin should also profit from it (it's sort of giving back)

[bitbunnny]

Unlike many here I think that regulation and KYC could really help Bitcoin and cryptocurrencies in general. It would give it legitimacy, legal security and framework that would make it more acceptable for businesses and economy. It's true that scams are always present and everywhere money and profit is involved, scams are also. KYC can't fully prevent and protect from scam but still it can help.
Of course with regulation and KYC rules should be done very carefuly respecting the very essence of Bitcoin and its main idea but I beleive that with some efforts and good will it could be done properly on benefit of all.

[Blockchainer06]

Bitcoin is different from other currencies in the past. It relies entirely on the Internet to create and trade. Bitcoin's unique technical attributes derive its economic and cultural attributes beyond the current currency. Bitcoin is an electronic currency produced by open source P2P software. Compared with the current banknotes, the biggest characteristics of Bitcoin are decentralization and global circulation in the network world, followed by high security and high confidentiality. These technical attributes further extend the attributes of non-inflation, non-freezing in economy and non-artificial operation in supply. In culture, Bitcoin is popular among anarchists and liberals. The advantages of Bitcoin have been artificially exaggerated, and its anti-inflation and anti-inflation functions can not withstand scrutiny. In the long run, Bit's prospects are difficult to match gold. In the most optimistic case, Bit's prospects are to become a means of payment in local areas. But in the short and medium term, Bit still has room for speculation and imagination. In addition, the use of Bitcoin in some sensitive areas highlights the increasingly prominent role of information in national security.

1. The advantages of Bitcoin are exaggerated: on decentralization, no transaction costs and inflation prevention

Admittedly, Bitcoin has various advantages over paper money, but these advantages have been over-interpreted. First of all, Bitcoin is a kind of de-centralized currency. It does not have the risk of central bank controlling money supply affecting market value as paper money is a conditional advantage. Bitcoin is mainly held in the hands of big customers, and the market is not deep enough. At present, the buying and selling behavior of big customers is very easy to affect the price of Bitcoin, even when the de-centralization is regarded as a property when Bitcoin is fully mature. Advantages, then, should be added to the prerequisite of holding decentralization. In addition, the degree and type of financial risks exposed by centralized and decentralized online payment systems differ greatly.

Secondly, the low transaction costs of Bitcoin are not without transaction costs. On the contrary, due to the increasing difficulty of Bitcoin mining and the further stability of the currency value, the relevant trading platforms will increase their dependence on transaction costs, which will certainly increase transaction costs. Finally, the confidentiality of the Bitcoin transaction remains to be discussed. The principle of the Bitcoin transaction enables all the processes of each Bitcoin transaction to be stored in each machine. If someone can determine the real background of a transaction, all transactions can be found downward through the data.

Compared with other advantages, the advertised advantages of anti-inflation or anti-inflation attributes can hardly stand scrutiny. Although its supply is stable and the upper limit of supply is locked according to its algorithm, unless the global unification is achieved and all countries use bits as their currency, it can only serve as a means of payment or a store of value, which can not prevent currency oversupply, just as the current existence of gold can not restrain the growth of National currencies. If bits can only be used as a means of payment in local areas (e.g. networks), global or some countries'inflation will still be transmitted to the areas where bits are used. Therefore, the use of bits to prevent inflation is basically not valid or has strong assumptions. As for inflation prevention, that is, to have value storage function, it needs to have gold-like attributes, but in reality, the essential attributes and prospects of bits are still difficult to match gold, as detailed below.
2. Bitcoin has too high foreground

The market's expectations of Bitcoin's prospects are generally higher than those of gold and the dollar. The recognition of gold is not only due to its natural physical properties, but also due to its official acceptance as a reserve currency (or an important allocation of foreign exchange assets). In theory, as an electronic currency, Bitcoin does not have the status of uniqueness and exclusiveness, and it is more difficult to become the official reserve of central banks like gold. Therefore, it is not appropriate to expect too much from Peter. As an electronic currency, bits have the advantage of first-mover. If it can be guaranteed in terms of security, the most optimistic prospect of bits is to be used as a means of payment in local areas.

3. The speculation and speculative demand caused by event factors are the main reasons for the rise of Bitcoin in this round.

Under the credit monetary system, people's lack of confidence in the currencies of various countries and their pessimistic economic prospects are the general environment for the rise of Bitcoin. The market's major traders and Bitcoin derivatives market speculation and participants'speculative psychology further accelerated its rise. Incidents such as BTCChina's $5 million investment and Bernanke's announcement are the main drivers of the recent surge.

However, many big crocodiles began to enter the market and buy a lot, which promoted the price of bits to rise and also increased market risk. Chamath, a former Facebook executive, has spent $5 million on Bitcoin and plans to spend another $10 million. Bitcoin Investment Trust also overfulfilled its target in four weeks, raising $15 million. These investments make Bitcoin rise further while concentrating Bitcoin holdings, which strengthens the impact of individuals and institutions on the price of Bitcoin and increases market risks.

4. Short and medium term bits still have strong speculation space.

Although our previous analysis is not optimistic about the future of Bit, it is likely that Bit will still have strong speculative space in a short to medium term period of one year. As in the previous analysis, Bitcoin creators advocate that the creation of Bitcoin is not manipulated by human factors, which is very different from the credit currencies of various countries. We anticipate that next year the major countries'monetary policies may be divided, and Bitcoin will have better speculation and imagination when economic risks are released and traditional asset markets are severely damaged.

5. The use of Bitcoin in some sensitive areas highlights the increasingly prominent role of information in national security.

The U.S. government seized the drug-trading website SilkRoad early last month. A crowdsourcing network called "Assassination Market" has even marked the sale of murderers with bitcoins. The founder of the assassination market, named Kuwabatake Sanjuro, is an extreme anarchist. Whether the prism gate incident or the use of Bitcoin in the relevant sensitive areas, all highlight the increasingly prominent position of the information field in national security. The Third Plenary Session of the CPC Central Committee proposed the establishment of the National Security Committee, which will play an important role in China's security strategy and expand from traditional national defense, stability/urban security to new areas such as information security.

[Herbert2020]

Unlike many here I think that regulation and KYC could really help Bitcoin and cryptocurrencies in general. It would give it legitimacy, legal security and framework that would make it more acceptable for businesses and economy. It's true that scams are always present and everywhere money and profit is involved, scams are also. KYC can't fully prevent and protect from scam but still it can help.
Of course with regulation and KYC rules should be done very carefuly respecting the very essence of Bitcoin and its main idea but I beleive that with some efforts and good will it could be done properly on benefit of all.

the key point is in the second paragraph.
people always forget that regulations are not the same everywhere. it is not black and white either. as a result they always fall off the roof with their opinions about regulation. it doesn't have to be bad or good. it can be either or even both! there are times that we see regulations that actually help the growth but sometimes they even prevent it to the point that some license laws and tax laws has forced companies to move headquarters.

[Yamifoud]

Bitcoin is the currency is a very potential crypto currency. Honestly, I am one of those proud crypto users that is still keep on using Bitcoin crypto currency as my main crypto medium for different transactions where I can use it. Well, in the current crypto market, no doubt why people are hesitation to tell that in the future Bitcoin still remains. But if we can clearly see and down dip into it, Bitcoin still the capable to be a sustainable currency in the coming future.

We believe it as a sustainable currency cause we saw its future and we believe that it have capability but for the others, they'll look this a joke or another form of scams. We know that they are wrong and we can't push them to believe and be a part of crypto family, letting them to discover of its greatness and contribution to the community will make them amaze.

[gilangIDR]

Bitcoin is the currency is a very potential crypto currency. Honestly, I am one of those proud crypto users that is still keep on using Bitcoin crypto currency as my main crypto medium for different transactions where I can use it. Well, in the current crypto market, no doubt why people are hesitation to tell that in the future Bitcoin still remains. But if we can clearly see and down dip into it, Bitcoin still the capable to be a sustainable currency in the coming future.

We believe it as a sustainable currency cause we saw its future and we believe that it have capability but for the others, they'll look this a joke or another form of scams. We know that they are wrong and we can't push them to believe and be a part of crypto family, letting them to discover of its greatness and contribution to the community will make them amaze.

Bitcoin is currently being used by many people and this is a good capital because then Bitcoin has gotten a place in the community. I feel this is a positive value and can be used as a reference in the future. I am optimistic that bitcoin can be a currency that is used safely, is stable and easily accessible to people in the future.

[benres]

Indeed cryptocurrency is a sustainable and a reliable measure for a reliable economy in a worldwide setting. When cryptocurrency is adapted in the entire economic industry there will be a decrease in a controlled economy made by printing too much paper money. Anyway this will be possible soon in the future and might be not in our generation remember the history of money it evolves since the start of the human civilization history. We might see it to the evolution of cryptocurrency that would might take thousand of years before it would really be hundred percent adapted.

[dupee419]

If Bitcoin does become consistent throughout the years then that I am sure of that it will become a currency that will sustain a lot of people, its sustainability is a priority, if BT  continues to progress this way, if the price becomes stable as well then I think in the future would be better for all of us, hopefully all things would go better for Bitcoin.

[Distinctin]

If Bitcoin does become consistent throughout the years then that I am sure of that it will become a currency that will sustain a lot of people, its sustainability is a priority, if BT  continues to progress this way, if the price becomes stable as well then I think in the future would be better for all of us, hopefully all things would go better for Bitcoin.

Its a big quest for everyone and I know people were expecting more for this market. The current situation isn't making us to be hopeless and disappointment, we are still depending on the communities demand which could really its stability. Yet, we are looking this market to grow old and be matured enough to gain trust from the crowd and their huge support, then finally speculate for its sustainability.

[kaisa]

This is just another problem with bitcoin if you agree with the bitcoin payment tool. So what must be done is to make bitcoin stable or increase prices based on mining difficulties. So there is no more price manipulation by the exchange. Currently, the position of bitcoin is only used as an investment model that is not real, meaning that bitcoin has no intrinsic or material value because there are not many companies that support bitcoin for payments that are global in nature. Moreover traders make speculations that are not rational, thus creating a bull market. I think allowing bitcoin to grow based on market demand will be fairer if it has to be used as a payment tool. because there are altcoins that can answer the difficulties of bitcoin as payment. Finally, bitcoin will become an invaluable digital asset.

[izanagi narukami]

IMO , bitcoin can't be legal as currency because the value too volatile.
Also remember that bitcoin is an asset just like gold so there is no way for bitcoin can be legalize into legit currency.
So far cryptocurrency still hackable so are you dare to use something risky ?

[Gheka]

IMO , bitcoin can't be legal as currency because the value too volatile.
Also remember that bitcoin is an asset just like gold so there is no way for bitcoin can be legalize into legit currency.
So far cryptocurrency still hackable so are you dare to use something risky ?

Indeed, bitcoin still has too many risks in use and that is really a wall that prevents the connection between it and its users, people really don't have the courage to use it, in addition, the value of bitcoin is as you say, it is not fixed, even its fluctuation is greater than we imagine. And with such problems, the government cannot allow bitcoin to become a legal currency, it is still not eligible, and I also don't want it to be a sustainable currency, I just want it to be a sustainable investment and profitable, which is better

[Reid]

And I would happily advertise it if some genius came in and create something that will really change the bitcoin's way of being used.

ICO's became one of the good merchant but in a bad way. They let investors buy their tokens using BTC but sold in an instant taking away the value of BTC little by little. Same does happen with Ethereum with ERC20 tokens.

Up until now I can see that is what is happening. They should have just used USD as means of payment or by now there is Tether. Just so to avoid the demands going down by them selling BTC to continue their peojects.

[Kelvinid]

  The study observed that most of the studies have focused on defining bitcoin, it's volatility and how it works? But none of the studies discuss the future sustainability of bitcoin. As a result, the present study differs from the previous literature bin particular on the ground of specific focus on the comprehensive account of it's growth and volability nature and how various countries are accepting it , as a digital currency for it's usability regarding future sustainability.

That's because our market still under the observation, only we have speculations and predictions but we can't assured of having it due of its volatility in form. I know this is not for a lifetime currency and it came the time that others will discover another technology which could be more potential than of this. 

[deisik]

This is just another problem with bitcoin if you agree with the bitcoin payment tool. So what must be done is to make bitcoin stable or increase prices based on mining difficulties. So there is no more price manipulation by the exchange

And how is that going to prevent manipulation?

The only way to prevent exchanges from manipulating the Bitcoin price is to dry their orderbooks completely. It is possible only in one case (if we discard the possibility of an exchange itself delisiting a coin) when Bitcoin adoption is so high that most bitcoins leave exchanges essentially leaving them with nothing to dance on. You would likely have higher prices then, but just high prices on their own are not a guarantee of any kind in this regard

[iqlimasyadiqa]

IMO , bitcoin can't be legal as currency because the value too volatile.
Also remember that bitcoin is an asset just like gold so there is no way for bitcoin can be legalize into legit currency.
So far cryptocurrency still hackable so are you dare to use something risky ?

If we don't start at this point, we will never reach that phase. now we must be able to push bitcoin as a currency. bitcoin must be able to have good stability because it is true that when the price of bitcoin is still fluctuating, it will never be able to make bitcoin as a legitimate financial medium. Make bitcoin prices more stable and then we will get a new era of legalization of bitcoin and digital currency.

[deisik]

IMO , bitcoin can't be legal as currency because the value too volatile.
Also remember that bitcoin is an asset just like gold so there is no way for bitcoin can be legalize into legit currency.
So far cryptocurrency still hackable so are you dare to use something risky ?

If we don't start at this point, we will never reach that phase. now we must be able to push bitcoin as a currency. bitcoin must be able to have good stability because it is true that when the price of bitcoin is still fluctuating, it will never be able to make bitcoin as a legitimate financial medium. Make bitcoin prices more stable and then we will get a new era of legalization of bitcoin and digital currency

I don't think volatility as such has anything to do with the legality of cryptocurrencies (or lack thereof). If this logic and reasoning had anything to do with reality, then crude oil should have been banned long ago for its sometimes severe price fluctuations on the order of dozen percentages daily (though not everyday, obviously). If anything, legalization of bitcoin may be hindered by market manipulation as this is one of the reasons why Bitcoin ETF's are being constantly declined by the SEC

But that's a different matter

[ribowo76]

Whatever obstacles faced by bitcoin today, in the process of adoption globally. I believe that it will not last long. Because as we have seen, many countries have prepared themselves to accept bitcoin

[hakertajniak]

If the demands of bitcoin keep increasing, then in the future bitcoin may become the main currency for global.
But there are another factors restraining bitcoin from become a sustainable currency, one of them is the security.
There were many crypto exchanges hacked in the past, which makes investors lost their coins. The security of bitcoin and cryptocurrency will be the main priority to improve.

[Stac]

In the future the bitcoins will rule the financial markets and the price of bitcoins will be 2000% more than the current price or more of bitcoins current  price. If you are a bitcoin investor your golden era is coming  as there are more likely chances for the price of bitcoins will start to boom before the next halving of bitcoins in the crypto currency market. Due to high potential more entrants are entering the bitcoin market causing for the increase in demand for bitcoins, which causes for the shooting of the prices of bitcoins up and there will be mass adoption of bitcoins world wide as it has the ability to improve the economic standards of the country.

[sfr2017]

Bitcoin has become a cultural and financial phenomenon.Is Bitcoin Money? Traditionally, currency is produced by a nation's government money  serves as a store of value  with a stability value But volatility damages Bitcoin's store of value credibility.

[anddyy]

It is gaining adoption and some people have started using BTCs in real time, like buying a Lamborghini or buying a mansion. It's easy as well as advanced. Once you understand the technology behind it, you will definitely embrace the beauty of this digital currency. in few years time from now. few years from now its going be widely accepted and value might be great again.

[Godday]

Whatever obstacles faced by bitcoin today, in the process of adoption globally. I believe that it will not last long. Because as we have seen, many countries have prepared themselves to accept bitcoin

I agree with your words, indeed every problem that occurs in bitcoin does not last long, because the development of bitcoin is always monitored and improved to make it better. so I'm sure that everything will be back alright

[thirdlight]

Whatever obstacles faced by bitcoin today, in the process of adoption globally. I believe that it will not last long. Because as we have seen, many countries have prepared themselves to accept bitcoin

I agree with your words, indeed every problem that occurs in bitcoin does not last long, because the development of bitcoin is always monitored and improved to make it better. so I'm sure that everything will be back alright

I agree, improvements in the Bitcoin network are going at a fairly fast pace. It seems to me that the market in 1-2 years will have a capitalization of 5 times more.

[BeGoods]

If Bitcoin does become consistent throughout the years then that I am sure of that it will become a currency that will sustain a lot of people, its sustainability is a priority, if BT  continues to progress this way, if the price becomes stable as well then I think in the future would be better for all of us, hopefully all things would go better for Bitcoin.

Its a big quest for everyone and I know people were expecting more for this market. The current situation isn't making us to be hopeless and disappointment, we are still depending on the communities demand which could really its stability. Yet, we are looking this market to grow old and be matured enough to gain trust from the crowd and their huge support, then finally speculate for its sustainability.

Stable prices only is won't attract many people to bitcoin, we need to grow in price, in order to make the user's confidence to buy
again. stable price will not make bitcoin survive in the future dude, it loses interest of many people #imo

[kawetsriyanto]

So far, the use of Bitcoin is mostly for investment only and getting profits from trading or some.
But yeah, all we know that it is also used for illegal transaction around the world that always becomes the bad issues about Bitcoin.
Actually, today, some industries and companies also accept this cryptocurrency as one of their payment methods, however, they are very limited in some certain countries. It is probably because many countries still forbid the use of cryptocurrency.
So far, the presence of Bitcoin ATM in some new countries may be also a good follow up to make the utility of this coin better than previously.
I believe that along time, Bitcoin can be really part of the sustainable currency worldwide.

[lyks15]

I think when we cannot say sustainable currency it depends in country if it can afford to upgrade their online system. And I think this is not possible because bitcoin's value is not consistent. Now that bitcoin atm is already rising there is no assurance for the accurate and consiatent value. Bitcoin need some changes or innocation.

[coinnumber]

The lost of interest and panic about Bitcoin arise as a result of the negative advantage many people took on the beginners as at 2017 by scamming them of their funds. I think in terms of using it for goods and services Bitcoin is the number one coin with the highest usage as some firms are using it as means of payment already and I believed more development on the way Bitcoin must progress but we need to be patient.

[Ipwich]

I must say it is, you have to be persistent and believing that it holds till the future.On how modern and fast growing economic country adopted it, and how it turns out to be most use of today.The fast growing economic world are not blinded anymore of adaptation of modern use of everything even using now digital way payments , and how those who are using bitcoin enjoying it by means of no hustle transactions.

[MakeMoneyBtc]

I think the problem comes with the way people are promoting bitcoin because I am sure many people have heard about it but still they never thought about using it thinking its not that helpful for them. At least for a beginner that doesn't know anything about cryptocurrencies, bitcoin will seem like an investment and not like a currency for payments since the most popular news about bitcoin are regarding its price and the way people are making profit from it

[shesheboy]

I think Bitcoin is a good future as a durable currency.

we cant say that for now  . bitcoin isnt a durable currency because it does have some weaknesses and disadvantages  .

Bitcoin is now one of the most popular Crypto coins online, there is no online field where Bitcoin is not acceptable.

one of the most popular ? bitcoin is the number one popular cryptocurrency not only today but also before  but there are still others that didnt accept or recognize bitcoin  .

Bitcoin slowly becoming popular with an offline exchange. The most expensive and influential coins of this period are the Bitcoin. Considering all aspects, Bitcoin is going to be a durable currency in the future.

being popular and expensive does not give assurance that bitcoin can sustain it  . there are so many what if's that can possibly happen  .

[santiago607]

It is obvious that for one to attain a better and prosperous future, one must first correct the present errors and work assiduously towards achieving that better, brighter and enviable future. This analogy is directly applicable to the future of Bitcoin.

It is no doubt that Bitcoin has suffered some setbacks within the past two years as a result of cyber scam perpetrated by the enemies of the market who come up in disguise of Bitcoin traders and buyers but what must be done in other to resuscitate its image to the attraction of the world again is for us to collectively embark on a serious campaign on various social media platforms like; Facebook, Twitter, Instagram etc. on how effective, transparent, decentralized, accessible, scalable and highly sophisticated the ecosystem is built upon in giving people the leverage to do business without any form of stress.

We have to convince the minds of people and change their perception that this ecosystem (Bitcoin) is people's-centered i.e it is geared towards guaranteeing individuals the security, effectiveness and ease they desire in making business transaction with little or no fear. owing to the fact that it is free from a monopoly of control aimed at rendering equal services to everyone irrespective of your person.

After all of this have been achieved of which i am positive about, the interest and momentum in the demand for  Bitcoin will rise and go viral across countries of the world without any form of inhibition.

[tasedijers]

I would like to see cryptocurrency available in every country. It has always seemed strange to me that the United States could not resolve the issue of their use for so long, while the countries of the east are already actively integrating cryptocurrency in their countries. It’s good if the new policy allows digital assets to be legal.

[amposed]

I would like to see cryptocurrency available in every country. It has always seemed strange to me that the United States could not resolve the issue of their use for so long, while the countries of the east are already actively integrating cryptocurrency in their countries. It’s good if the new policy allows digital assets to be legal.

Cryptocurrency and cash can successfully coexist together. I see many areas in which the use of cryptocurrency in general has good prospects. This is a transport system, energy, payment, real estate system. If they finally work out rules for regulating cryptocurrencies and can approve them in leading countries, then I think this will help and reduce the amount of fraud

[tasedijers]

I would like to see cryptocurrency available in every country. It has always seemed strange to me that the United States could not resolve the issue of their use for so long, while the countries of the east are already actively integrating cryptocurrency in their countries. It’s good if the new policy allows digital assets to be legal.

Cryptocurrency and cash can successfully coexist together. I see many areas in which the use of cryptocurrency in general has good prospects. This is a transport system, energy, payment, real estate system. If they finally work out rules for regulating cryptocurrencies and can approve them in leading countries, then I think this will help and reduce the amount of fraud

In my opinion, cryptocurrencies can become the link that can create a single economic system. And the fact that not many support cryptocurrency is because they understand this topic poorly. Therefore, I like taklimakan, where novices and crypto industry experts can find good analytics and useful tools, educational materials to understand the topic of cryptocurrencies and the blockchain better and more effectively to use them.

[darnekleo]

I would like to see cryptocurrency available in every country. It has always seemed strange to me that the United States could not resolve the issue of their use for so long, while the countries of the east are already actively integrating cryptocurrency in their countries. It’s good if the new policy allows digital assets to be legal.

A technical revolution cannot be stopped, but it can be delayed. until the countries have settled the question of the legitimate use of cryptocurrencies, they thereby inhibit progress. New startups need investors, they are easier to find by launching your token. It would be good if America develops a plan to recognize digital assets.

[ralosted]

I would like to see cryptocurrency available in every country. It has always seemed strange to me that the United States could not resolve the issue of their use for so long, while the countries of the east are already actively integrating cryptocurrency in their countries. It’s good if the new policy allows digital assets to be legal.

A technical revolution cannot be stopped, but it can be delayed. until the countries have settled the question of the legitimate use of cryptocurrencies, they thereby inhibit progress. New startups need investors, they are easier to find by launching your token. It would be good if America develops a plan to recognize digital assets.

If America finally makes the blockchain and cryptocurrency legal, then a clear regulation will allow to better secure the investment market. Positive changes

[jademaxsuy]

This is possible in fact bitcoin has adapted already in some establishment as an option to fiat money. This is where I believe in that bitcoin will be used as an option for payments.

With bitcoin's feature that is really unique having its market price some twist due to its high volatility compared to fiat money. So, this will encourage everybody to join and invest in btc.

[Wakhid Mukti]

I think in parts of Asia it has started to legalize Bitcoin and use Bitcoin as a legitimate payment tool. Just say Japan. This is the beginning of mass adoption in my opinion. Ok, we need to worry now about the future of Bitcoin, playing through illegal trade, ICO, scams and all things that are bad but it cannot cover the kindness or revolution brought by Bitcoin. Slowly, various countries have begun to pay attention and create a new regulatory framework for bitcoin at this time. With the legitimacy of Bitcoin that is currently starting to emerge, this is the beginning of bitcoin as a digital currency and legal payment instrument or payment option.

[Naida_BR]

Bitcoin is most of a digital asset for me in order to store the value of money.
It is true that if Bitcoin will be a sustainable currency and be exchanged for daily transactions then this is going to bring a promising future for the ecosystem. However, I don't think that we are ready for that as we don't have the necessary infrastructure established.

[Zooming]

Ive seen this topic awhile not only on this page but also places like reddit. All i see are the same exact things is what is funny. Please inform us with new information on the topic.