Bitcoin isn't just an investment, it is the future

[WRAOUF]

I think Bitcoin is still looked at as an investment. Ultimately, the initial goal was not for Bitcoin to be an investment, but for it to facilitate transactions on a decentralized network - away from government scrutiny and regulation. The foundation of Bitcoin, as well as crypto and blockchain in general, is still quite a radical concept that subverts everything we've known about the financial markets up until the last 10 years or so. Should we then not still think of it in those terms? As something that we can use to subvert the hegemony of the global financial markets, as well as an investment and a mode of exchange. I think even within the cryptospace marketplaces such as Vertex, which are decentralized and P2P, continue to subvert the cryptoasset markets even more, in the best possible way.

[1714181837]

1714181837

[1714181837]

1714181837

[1714181837]

1714181837

[1714181837]

1714181837

[djsugar]

Bitcoin lacks the utility. Bitcoin is mainly a decentralized payment system/currency which is transparent as well as anonymous. But we have better crypto alternatives which are scalable as well as faster and cheaper. If we actually are talking about the future, then people would rather consider such crypto instead of Bitcoin for the payment.
Moreover, what I believe is that crypto is indeed the future of payment system but I doubt that would be a decentralized one.

[dvmmayowa]

If you mean that bitcoin is the future of digital payments then there is big possibility that it will happen as bitcoin continuous it's dominance right from the start until now.

But right now, the best option in order to gain some profit is to put some money in bitcoin and hold it until the price is enough for you to sell it. So right now, it's best to invest while waiting for the bright future of bitcoin.  

Well said mate, but there's this great limitation that is preventing some big investors from driving in yet, just as we know that if fiat is being managed by financial institutions, the individual's assets can be claimed by the person's next of kin should in case any bad occurrence happens to the person such as death, but unfortunately, the death of a crypto holder is the end of whichever assets he/she is holding in as much as his/her private keys remains unknown to anybody.
I dont know about other world regions but this region of the world that I am, a lot of people have so much concern on what happens to their assets when they die eventually which is part of the reason why they find it difficult to invest heavily on...

[Darooghe]

Currently crptocurrency is still in it's adolescence stage of life, it's in the exact same situation the internet was back in the early 90's. I don't see why it's a bad investment who doesn't want to invest in to a chance of owning a small percentage of the crypto market which will be worth millions through mass adoption. Looking at the history of bitcoin and other cryptos and actually understanding the technology it would be completely stupid to not have at least a small percentage of ones portfolio in crypto. I really believe blockchain will be big. This technology is here to stay and there is nothing anyone can do to stop it.

[Twentyonepaylots]

I don't think it's just an investment. We need to be aware of Bitcoin. It was the beginning of an independent economy somewhere in the world. For now we call it independent. Perhaps the biggest chase chain will be at bitcoin. But I want to know this technology.

I think bitcoin can't be independent economies, bitcoin still need other currency to be value calcuation, and bitcoin still neednother economic ecosystem to growing.

Bank is more important in economic life, we can't replace bank with bitcoin, but maybe the blockchain can intervene the system

True...The main goal should be  the integration of the blockchain technology into all sectors including the financial sector, its a win win situation i think because not only will banks find it easier to manage their operations and records but also, it'll bring more value to the world of blockchain, hence surging bitcoin too...

Well the reason for this is because bitcoin is way ahead of us. It is a highly advanced piece of technology but we don't have the rightful tools to utilise it in its utmost potential. That's why we're just able to use it as some form of investment. Nevertheless, given the time and patience, bitcoin has the ability to revolutionize currency as we know it. We just need to have faith in bitcoin and continue supporting it so technologies to support it come quicker.

[WRAOUF]

Come to think of it, I don't really think bitcoin is the future. Blockchain technology is rather the future and cryptocurrency is an aspect of the future but not the main future of the financial ecosystem.  Blockchain technology is the future of the financial ecosystem since it has introduced decentralization to the financial space. Cryptocurrency on the other hand is the element needed for a decentralized financial ecosystem. Bitcoin is just an element of the future but not the future...

[TedMosby]

Link: http://infographic.city/timeline-bad-future-predictions/

I dont think bitcoin is the future, but blockchain is.
I have came to several crypto/blockchain event, the main focus for this crypto space is not about the cryptocurrency.
Regulation and blockchain application still become the focus.

However, I would love to be the witness of bitcoin future. Hopefully the good one.
We should ask Michael Phillips (time traveller from 2075) about this. Lol jk.

[Aikidoka]

Bitcoin is the future. This is sure. It will gradually enter into all areas of life. In all cases, the person must be familiar with what he works as an example. Bitcoin .. You as a person invested in it.

That's right, bitcoin will be dominating the financial market in the future, that's kinda obvious though. I mean as we're seeing that bitcoin keeps increasing over the years and now the bitcoin community is really so big and it's getting bigger by time, which means that more people will start using bitcoin in the future and that's gonna influence bitcoin's price to increase much higher and at this point bitcoin will have such a high potential, so by investing now you'll make an amazing profit in the future.

[CryptoSaint777]

BTC dominance at 68.7%, I agree that bitcoin is the future, however, we have seen that when a large number of users try to send only using bitcoin, the blocks become full and the transaction fees can become over $20 usd. This means that, although bitcoin is the ruler of the price and liquidity, it is undervalued altcoins that will be superior. The only question is which one(s)?

The greatest reward comes from the greatest risk, i.e. unknown low cap altcoins...

[Murat]

That's a good way of thinking about Bitcoin, I think it's a lot of thing for the future purpose, If you set a goal regarding this platform then it would be a good one for the future purpose, so at first, you have to set up your mind towards this cryptocurrency world and it might be a great tool te get affluent if you put labor here, I think day by day we are getting techno-based so this platform is the best way to make money and payment system so far. so in the coming future, Bitcoin will get more strong, so it would be a bright future scheme for anyone.

[bangjoe]

Someone's patience is very influential on price development, they only emphasize the purpose of biennial analysis, or only highlight the Halving event. If in the end there is no good price development or falls far from previous years, then many will leave and prefer to believe in fud without seeing a longer history before. Although I refuse to give up, I think most holders will give up if bitcoin returns to a negative period in these two years without looking at the future aspects of bitcoin.

[Wintersoldier]

In order for bitcoin serve as the currency of our future, it needs to undergo allot of improvement and upgrades. Basically one of the necessary things we need to upgrade in bitcoin is its transaction speed. Most of the time, we are seeing bitcoin as an investment cryptocurrency, not considering its potential to be the people currency for daily transaction which is indeed, the key to make bitcoin the future of world's currency.

I highly believe that when we adopt lightning network to bitcoin, this problem could be solve and more people will use bitcoin for daily transactions.

[Wipeout2097]

For me Bitcoin future and the future global coin,There are 7billion people in the world and the the quantity of Bitcoin is just in millions. Majority of population still unaware about the Bitcoin but still massive demand of Bitcoin around the globe.

If developed and underdeveloped countries legalize the the Bitcoin the demand of BTC will be on peak and the high demand results high price that can cross above in Millions.May be not all agree but its my opinion and the future Bitcoin HODLERS is bright.

[Kunnu]

Of course yes Bitcoin is the future of good possibilities, advantages and opportunities as well people are getting aware about Bitcoin and its uses day by day which is a positive sign but the problem is there are still some countries left where the people aren't aware about Bitcoin and its structure hopefully the popularity of Bitcoin is enough to make its place in these countries where the Bitcoin is still unknown so the people will understand its structure and good potentials after all the use of Bitcoin is not limited anymore it's getting use in various ways which indicates that the future of Bitcoin is going to be in a positive way.

[chip1994]

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

I have also thought about this but it really doesn't make sense when we create a group and support everyone's spirit in holding. Hold is really a good thing but outside the shark is constantly manipulating, we will die soon if we keep passive. I support the fact that we should hold bitcoin from now on due to the halving event and many complicated political developments, we should only have our own plan. That's the rule in trading, because if the group gets too crowded, the sharks will notice and it can manipulate the price of bitcoin more easily.

[tianglistrik]

it is true that bitcoin investment requires patience in a period that can not be determined, we only need to be patient waiting for the results we want.

investing does require patience, but you need to know that every human being has a different level of patience. so it's good if investing is done in a timely manner, not just making a buy then be patient to see growth in the market alone and put hope for the pump. here must use techniques so that your funds can circulate correctly and time in investing must be minimized properly.

[MarioV]

Certainly it is the future: it will be our financial freedom when all payments are digital and centralized in the hands of the usual "authorized intermediaries".
One click and the payment is rejected. One click and the account is closed. One click and wealth is requisitioned.

[CarnagexD]

I think so, in fact, holding bitcoin to make a profit in a very short time is of no use.
Those who have been holding Bitcoin for a long time have always been a good profit.
As the popularity and demand of Bitcoin grows, Its future is bright, it is going to be realized.
My prediction, Bitcoin is not limited to just being a medium of exchange one day Bitcoin will be used as a everyday currency like U.S. dollars.

Bitcoin in the first place was meant to surpass the fiat currency we have right now, so there's no question as to how bitcoin will take care of fiat. Nonetheless, bitcoin will still need our support to continue being operational up until technology allows bitcoin to become the currency it is supposed to be.

[fortunecrypto]

We always invest in our future and this is one future investment that is going to yield the most profit in the long run, and we are so lucky here in this generation that discovered and invested in this technology at this early because we are now part of making it great for our children.

[Eugenar]

Certainly it is the future: it will be our financial freedom when all payments are digital and centralized in the hands of the usual "authorized intermediaries".
One click and the payment is rejected. One click and the account is closed. One click and wealth is requisitioned.

Though, there are possibilities that government and central banks will allow their currencies to be digital, I am very well sure that as long as bitcoin is known as the best cryptocurrency for investment, no currency could defeat it. We might just have a unifying currency which is digital, bitcoin is a blockchain based currency that not just unify the country, but also unifies the whole world. And this is the difference it has compared to other currencies we have.