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Author Topic: Is Bitcoin still a people's currency?  (Read 992 times)
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December 27, 2019, 01:52:01 PM
 #1

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

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December 27, 2019, 02:37:34 PM
 #2

storage of assets in digital form such as cryptocurrency seems to be a trend of the modern.
cryptocurrency was chosen as an alternative to gold.
but on the security side, the digital world is not 100% really safe, we as cryptocurrency users who for a long time certainly know about this.

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December 27, 2019, 02:53:53 PM
 #3

storage of assets in digital form such as cryptocurrency seems to be a trend of the modern.
cryptocurrency was chosen as an alternative to gold.
Not just a trend but  considered as new economic class in the recent times. Bitcoin with a whopping $7000 (current) price is considered to be the most expensive crypto we had so far and it seems that it will still be long for it to be at top. Gold on the other side is still the one that wealthy people used in storing value, for what reason? only because it is not volatile unlike bitcoin.

but on the security side, the digital world is not 100% really safe, we as cryptocurrency users who for a long time certainly know about this.
I bet you are talking with potential hacking on digital storage, in that case we are still not hacked-proof era since the technology is evolving and so the hackers do. But if we are talking about the security of data, there is no question about it as it is running on blockchain technology where data is unalterable.

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December 27, 2019, 03:18:03 PM
 #4

and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding

People tend to go by media as "the information". And what media said?
* This and that known celebrity / rich person is against Bitcoin
* Bitcoin had a bubble and it popped
* Banks officials said that's not safe to invest money into Bitcoin
* Bitcoin exchanges are periodically hacked
* Bitcoin is used by criminals

As laughable as these statements may look for us, many see this as an image of Bitcoin. Something strange, something they should not touch.

How misinformed you imagine that people can be if some wanted to invest in facebook's stable coin?! Nobody cared it is not launched and it's stable coin. But a brand like Facebook gave it some sort of legitimacy.
Who's that missing imaginary Satoshi guy?!

No. We live in our world which is far from average Joe's world. We have different sources of information.
Yes, it's hard to get them to this side of the fence. For many it's almost impossible.


PS. At the next bubble, media will tell about investing into Bitcoin.. probably near to the ATH, leaving others disappointed/angry against Bitcoin as soon as it'll start dropping.

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December 27, 2019, 03:27:41 PM
 #5

Although Bitcoin is the most expensive cryptocurrency and the most profit giving asset of this decade but still common people are afraid of buying Bitcoin. The reasons are :
1. Bitcoin is not regulated and most of the people treat it as illegal asset.
2. It is very volatile in nature, due to this common people are afraid of investing into it.
3. People are still not aware of blockchain technology and its benefits.

I think it  is still needed to educate the common people about blockchain and cryptocurrency.

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December 27, 2019, 03:28:30 PM
 #6

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
For now, in my opinion, bitcoin was just an alternative currency since bitcoin has no other uses for buying it was not yet accepted like fiat money in a physical store or even online there are only a few websites that is accepting bitcoin as a payment method so I guess bitcoin was just a secondary currency today. But as the time passes in my opinion bitcoin will be the people's currency surely today the fiat money is what is mainly used but in the future when everything is done digitally I think bitcoin will be a great currency.

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December 27, 2019, 03:29:22 PM
 #7

Unfortunately there will always be only few who hear but verify when bombarded with contradictory informations. If you understand what a community is trying to achieve and know it's right & safer, nothing will shake you too much.

Well, i will most certainly restart & intensify my own evangelism when decentralized platforms become easy to use & with little to no chance of giving my "students" problems in the future. Additionally, it will be great to have them on decentralized platforms that can solve most of their problems sustainably and them not having to depend on government too much.
I really don't bother about getting people to listen or accept what I say. I know millions of people will eventually listen at the right time, no matter what. They will find crypto world hard to resist.



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December 27, 2019, 03:34:25 PM
 #8

Bitcoin is the honest currency, and as such resonates and will continue to resonate with the masses as time goes on. Bitcoin really represents the evolution of money from trust in governments to trust in code. The future is already here and it is Bitcoin indeed.

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December 27, 2019, 03:57:20 PM
 #9

Absolutely mate, bitcoin's popularity has increased over the years and many online marketplaces have started accepting it as a payment method. However just as the OP rightly said, it is gaining roots as a store of value which is good though it sorts of goes contrary to what Satoshi Nakamoto had in mind. Let's keep fingers crossed and see what the future holds for blockchain technology.

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December 27, 2019, 04:02:27 PM
 #10

I've been discussing Bitcoin in a couple of forums
Hey Jet Cash, long time no see!

I'm curious as to what these forums are that you're finding the anti-bitcoin sentiment on.  You don't have to tell me, but I am interested to know what they're related to.  There was a forum for skeptics that I used to frequent some years ago that had a lot of members who thought bitcoin was a scam, but from what I saw about a year ago a lot of them have changed their opinions.  That was kind of funny, actually.

And you don't have to proselytize anyone, really.  The upcoming generation will probably grow up knowing what bitcoin is, and bitcoin will get mainstream one day.  You have to remember that it's only ten years old, which is nothing.  People will either adopt it or they won't, and I doubt you're going to change anyone's mind unless you can show them how much money there is to be made.  That usually does it.

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December 27, 2019, 04:12:33 PM
 #11

PS. At the next bubble, media will tell about investing into Bitcoin.. probably near to the ATH, leaving others disappointed/angry against Bitcoin as soon as it'll start dropping.
You think it is done on purpose? We know how mainstream media is entangled with the big bucks industry, could it be that this is their plan of making crypto repugnant to ordinary, non-tech people? Seems like a plan, also motive is obviously there so...
I think it is somewhat deliberate, something is cooking and bitcoin isn't in the menus.
 
As to this thread main question, I think that majority of minted coins are still in the same wallet as 5years ago.
People hodl and there is no doubt in my mind, that those are The people, genuine folks, early adopters and enthusiasts.
So no matter what the mainstream is propagating, BTC is still peoples first choice. Sometimes even the only choice.    

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December 27, 2019, 04:12:46 PM
 #12

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

it takes many years for a big revolution to happen... Bitcoin is still in its early stages when it comes to government acceptance and the creation of laws that benefit all who use bitcoin. We cannot expect news channels not to speak badly about bitcoin, because for lack of bitcoin laws they are the first to comply with the laws and comply with the laws they not encouraging people to use bitcoin or will warn of the danger of use bitcoin. This is not new, there are many things that years ago was censored on TV's and today all TV's pass the same things that censored in the past


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December 27, 2019, 04:13:19 PM
 #13

Since Bitcoin is continuously growing, they're spreading fud as well to prevent that growth of Bitcoin. Who wouldn't get scared when it involves money online. That's why I think it's just a matter of time and they will be able to realize bitcoin's purpose. And it can be people's alternative currency when the times comes. But I also think it will be longer than expected..

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December 27, 2019, 04:32:12 PM
 #14

Most people still don’t understand Bitcoin. Acceptance and adoption will take a long time and it’s going to be a very gradual process.

 
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Twentyonepaylots
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December 27, 2019, 04:55:42 PM
 #15

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

it takes many years for a big revolution to happen... Bitcoin is still in its early stages when it comes to government acceptance and the creation of laws that benefit all who use bitcoin. We cannot expect news channels not to speak badly about bitcoin, because for lack of bitcoin laws they are the first to comply with the laws and comply with the laws they not encouraging people to use bitcoin or will warn of the danger of use bitcoin. This is not new, there are many things that years ago was censored on TV's and today all TV's pass the same things that censored in the past


Yep, but it ias good to know that the revolution has already started. We are still far ,yes, from what are we aiming with cryptocurrencies which is to be accepted and widely known so people would interact more using crypto. It is good to see how several countries did already initiate the process of currency revolution.

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Youghoor
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December 27, 2019, 05:17:51 PM
 #16

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

This is very true. In my country, about 80% of the entire population have been fed with a FUD that Bitcoin is just an investment platform which has made some people lose a huge some of money. And this has been so because, scammers and fraudsters took advantage of the raise in the market value of bitcoin in 2017 to establish investment companies to lure people to invest in their so called bitcoin which will made them 30% profits within a month.  Due to this scam,  a lot of people in my country see bitcoin as  a scam.

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December 27, 2019, 05:18:59 PM
 #17

there will still be sentiment that makes fiat not completely collapse, some economists always question transparency about gold as fiat reserves as a benchmark of inflation, this has long been manipulated by usd. If the world turns their trust to more transparent money, fiat will still be used. In the same position bitcoin will continue to run as an alternative because the world still needs a physical and controlled currency.
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December 27, 2019, 05:34:21 PM
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 #18

The media is a powerful entity and is capable of sweeping away the interest of the laymen from crucial developments such as bitcoin and other nice things that has helped us progress lately, that's why entities with dark intentions often hire the media to disseminate their deeds subconsciously. This has worked in the current times, just see the continuous mud-throwing between the left and right wing supporters. The media is involved, for damn sure, and has helped each sides gain followers by just publishing articles or airing news that may or may not be true for the benefit of whoever paid them.

Anyway, when the masses realize what they're missing, they'll just flock into bitcoin and crypto and tell everyone "I told you so!" even though they were brainwashed by the paid media at first.

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December 27, 2019, 06:16:03 PM
 #19

Most people still don’t understand Bitcoin. Acceptance and adoption will take a long time and it’s going to be a very gradual process.
Indeed, it will take a long time for bitcoin to be accepted worldwidly. The current process now is that a lot of people will join bitcoin community and it's gonna be so famous day by day till the government will accept it as soon as possible.
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December 27, 2019, 06:30:51 PM
 #20

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
I still believe that Bitcoin can help if fiat (just the main ones like EUR and USD will do the trick) collapses all of a sudden. However, there are some issues developers have to work through for Bitcoin to be actually useful to a big number of people. I don't understand where silver coins come from. I mean, why do you think people will turn to them in a Technotronic era where digitalization takes over everything it can. Moreover, carrying coins is just annoying and uncomfortable, and a lot of them can weigh a lot, one got to count them every time to give them to someone and they can spoil over time.

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December 27, 2019, 06:33:10 PM
 #21

In my opinion, Bitcoin is not a one-man only currency but a currency for the whole world to enjoy it particularly need the help it can get to increase its value, and if your just fattening your wallet for your future use go ahead and do that it is for everyone to enjoy that is and as a function of asset or services of payment everyone can sure use it whatever he like that is the flexibility of Bitcoin it can be whatever you want it to be,

And just like you, I don't want to be left behind in the changing and increasing value of Bitcoin we can surely do something right now before it becomes the people's true currency if it will in the future then we can be ready for anything that may happen.

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December 27, 2019, 07:06:49 PM
Last edit: December 27, 2019, 08:13:47 PM by Leonardo7
 #22

When you interview people that bought bitcoin just some weeks before it ATH, they will keep telling you bitcoin has outlived it market value, that they came late to the bitcoin market, well all these are borne out of frustration, if we really want to be true to ourselves, bitcoin has been the most performing coin in this persistence turbulent market. If people don't buy bitcoin now that it's cheap, they will have to buy at a very expensive price some years from now.

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December 27, 2019, 07:21:28 PM
 #23

Not only now always Bitcoin is very much user friendly and people friendly cryptocurrency. you can usually see the any price index and compare the volume of other cryptocurrency and Bitcoin.
You can easily understand what is a potential Bitcoin has than other cryptocurrencies available now.

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December 27, 2019, 08:30:12 PM
 #24

The payment system that use digital currency (money fiat) already crowded to use recently and seems like it will be the new system which can replace the old system that use paper currency.

So, I just thinking that bitcoin is a currency which can be able to replace the function of money fiat when it has collepsed. The people will tend to use the currency which is has the same character like they use before.

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December 27, 2019, 08:53:46 PM
 #25

Maybe in terms of affordability it might be little tough to buy as a whole Bitcoin, but the access to buy as much possible makes it much easy to be used. Also this isn't developed targeting specific people, it is developed for the entire people as well as to fulfill the flaws that the banks does.

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December 27, 2019, 09:19:03 PM
 #26

Maybe in terms of affordability it might be little tough to buy as a whole Bitcoin, but the access to buy as much possible makes it much easy to be used. Also this isn't developed targeting specific people, it is developed for the entire people as well as to fulfill the flaws that the banks does.
Who is telling you to buy one whole bitcoin? You can always buy a fraction of bitcoin and hold it as a long term investment. If you really want to own "whole" crypto instead of "fractions", then go for well known altcoins like ETH, LTC or BCH (make a list and find a suitable one. Don't blindly/randomly invest on the coin I have suggested you). They are much cheaper to afford, at least for now.
Its not like bitcoin does not have any flaws at all to be used as a regular currency. It does have a lot  of its own drawbacks that is making it difficult for people to use it as a a regular day to day currency.

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December 27, 2019, 09:22:55 PM
 #27

It is and will be, since it is one of the only bearer assets with some liquidity in this world.
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December 27, 2019, 10:14:56 PM
 #28

People don't always understand what will benefit them until it's too late.  Most of them are just looking for something simple they can comprehend, so whatever the media can distill into a simple headline is normally the only message that makes it through for the "average joe public".  I'm of the view that most people will eventually come to Bitcoin out of necessity later, rather than trying to understand it now.  It sounds pessimistic, but we can only help the ones that let us.  It often takes a painful realisation to finally wake someone from the comfort of ignorance.  All you can really do is grow your stash to ensure you have enough to help those you care about when that time comes for them.

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December 27, 2019, 10:37:37 PM
 #29

Who is telling you to buy one whole bitcoin? You can always buy a fraction of bitcoin and hold it as a long term investment. If you really want to own "whole" crypto instead of "fractions", then go for well known altcoins like ETH, LTC or BCH (make a list and find a suitable one.

It's something that doesn't only happen within Bitcoin. I have noticed myself by reading through forums where mostly Gold bugs communicate, and the general theme amongst those is to get to the 1KG milestone eventually. People want the rarest and most expensive metal, not a cheaper, far easier to obtain metal such as Silver. Nothing wrong with that in my opinion.

In fact, the hunger for more probably doesn't even change when people own a cheaper coin, because they first want 10 coins, then 100, then 1000, etc. People always aim to increase their holding goals no matter what it is that they hold. In that regard, you can better hoard more of the best and rarest coin than to own a ton of garbage coins. Quality over quantity is what I value.
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December 27, 2019, 11:02:35 PM
 #30

considering that it's been 9 years since bitcoin has run, so I can say, bitcoin will always be the currency that everyone wants, even though prices are always unstable, people still want it ... !! because the attraction possessed by bitcoin makes people captivated .. !!

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December 27, 2019, 11:35:50 PM
 #31

The main choice of the consumer as of now is Bitcoin still despite the fact that the price of it is kinda low. It is normal since the bitcoin itself is volatile. Meaning, consumer is the one who dictates the price based on their supply and demand. Even though the price of the bitcoin is a bit low, people are still choosing it because of the security that is given to you.

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December 28, 2019, 03:25:00 AM
 #32

The media is a powerful entity and is capable of sweeping away the interest of the laymen from crucial developments such as bitcoin and other nice things that has helped us progress lately, that's why entities with dark intentions often hire the media to disseminate their deeds subconsciously. This has worked in the current times, just see the continuous mud-throwing between the left and right wing supporters. The media is involved, for damn sure, and has helped each sides gain followers by just publishing articles or airing news that may or may not be true for the benefit of whoever paid them.

Anyway, when the masses realize what they're missing, they'll just flock into bitcoin and crypto and tell everyone "I told you so!" even though they were brainwashed by the paid media at first.

Yeah you are right, dude. In my opinion the media can be said to have monopolized the brains of the community and unfortunately the public is still too primitive to realize that. Many anti-bitcoin people hired the power of the media to undermine bitcoin, and now the public should be given direction in addressing any news not only about finance, but also in all fields.

On the other hand we also cannot blame the media, because the media also have brought bitcoin so far. Now what needs to be fixed is a society that is too primitive.

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December 28, 2019, 04:06:34 AM
 #33

It has indeed become a store of wealth rather than become a usable day-to-day currency. Though it has still some use, people tend to not believe in it because of media censorship and influence. And not Bitcoin alone, media portrays cryptocurrencies in general. And the government has a great part on the oppression of its adoption.
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December 28, 2019, 04:11:51 AM
 #34

At the moment there is still hope that bitcoin can still become a currency for the people as was the initial concept.
I see several countries that have said they will throw away the dollar and look for other alternatives.
Here is an opportunity that can be utilized by bitcoin to be a differentiator for the current economic system.

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December 28, 2019, 04:49:19 AM
 #35

Basically, Due to some horrible perception of the people Bitcoin is still an underrated currency according to my experience so far, I think people seems Bitcoin is not like another currency at all, They think that Bitcoin is frequently hacked and this is not secure yet, Not only that but also most of the people think Bitcoin is being used for the crime purpose and this cryptocurrency and Bitcoin is mainly used for crime and money laundering purpose, so these perception hinders the popularity of Bitcoin so far.

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December 28, 2019, 04:56:40 AM
 #36

It is true, there are a lot of hate about Bitcoin especially on the internet.

I did post a statement on Facebook one time and the hate about Bitcoin is oozing saying things like it is a scam, snap out of it and other negative responses. It is the future of currency and trnasactions, I also think that Blockchain would be used widely and currencies will be based on Bitcoin while fiats taking the sideline slowly as time passes by.

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December 28, 2019, 05:00:46 AM
 #37

some countries have used bitcoin and cryptocurrency after they experienced a crisis and the national currency fell. as happened in Venezuela and Argentina. but I hope my country does not wait for the crisis to legalize bitcoin. bitcoin is now the most famous cryptocurrency in the whole world. and every year the number of bitcoin users is always increasing. some people are now beginning to realize the benefits that can be taken by using bitcoin. so I am sure in the future bitcoin will be the currency most favored by the people because of and provides benefits.

 
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December 28, 2019, 05:06:10 AM
 #38

It is true, there are a lot of hate about Bitcoin especially on the internet.

I did post a statement on Facebook one time and the hate about Bitcoin is oozing saying things like it is a scam, snap out of it and other negative responses. It is the future of currency and trnasactions, I also think that Blockchain would be used widely and currencies will be based on Bitcoin while fiats taking the sideline slowly as time passes by.
Blockchain have more chance that will be more popular and adopted than in bitcoin, but those who are willing to risks and already see the potential and what bitcoin can be as an investment in the long run can try it especially if their aware of the risk and potential gains. Bitcoin is not to weak investors as they can easily be pursued and believe in FUD they can hear or read, those who also know how to trade can take advantage of it as an investment. It just depend on how risky we are in investing as many are already close minded in this idea.

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December 28, 2019, 06:29:38 AM
 #39

People still see bitcoin the way it is portrayed by the media like
1) Bitcoin is a pyramidal scheme.
2) It was a bubble which popped.
And god knows what other shit the media has fed to the people. Bitcoin is still one of the better investment ideas out there it hasn't replaced gold for a fact and it never would actually in my opinion. Bitcoin is different that of gold and will be and bitcoin will be the best in it's league. As governments and the media demonizes bitcoin people will have a negative view on it.

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December 28, 2019, 06:55:15 AM
 #40

It depend on us, BTC community to simply continue the work wich has already being done until here.
Knowledge is true wealth. Number of scam, alt(shit)coins are created by unknown's or celebrity's and even if we all know what is behind, big public is going to get involved into crypto's in a way or an other.

That's were we need to give guidance. I've been myself scammed and lose so much time into studying crypto in the wrong way.
I've met some people from this forum then i've started to really learn about all the ecosystem and dynamics involved.

People are going threw altcoin in a path of knowledge wich has BTC at the end of the road.

Welcome to newcomers, good job for earlyer's, love on all of you.


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December 28, 2019, 07:03:41 AM
 #41

It is true, there are a lot of hate about Bitcoin especially on the internet.

I did post a statement on Facebook one time and the hate about Bitcoin is oozing saying things like it is a scam, snap out of it and other negative responses. It is the future of currency and trnasactions, I also think that Blockchain would be used widely and currencies will be based on Bitcoin while fiats taking the sideline slowly as time passes by.
Blockchain have more chance that will be more popular and adopted than in bitcoin, but those who are willing to risks and already see the potential and what bitcoin can be as an investment in the long run can try it especially if their aware of the risk and potential gains. Bitcoin is not to weak investors as they can easily be pursued and believe in FUD they can hear or read, those who also know how to trade can take advantage of it as an investment. It just depend on how risky we are in investing as many are already close minded in this idea.

Yes and for sure that if you will vote here, still majority of the crypto users here will or all over the world is Bitcoin and there is really no doubt that Bitcoin will remain and will always be the number of all time and no one has seen yet that has potential to replace its place as the King or father of all cryptocurrencies.

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December 28, 2019, 07:04:58 AM
 #42

Bitcoin can continue for sure growing, but who decides the fate of it's real world currency state it's us the community and governments acceptance.

For now i can say that yes bitcoin is one of my currencies.
No matter where i go i can use it as long there is a network for me to transaction it.

Now talking about government and each countries economy growth, that might influence the decision between using bitcoin as people's currency or not.
Some countries might also make their own as China is doing or even trying to become one potential bigger country than others thus making the coin more valuable there than other places.

Who knows what the future holds.
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December 28, 2019, 07:07:12 AM
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 #43

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

Since 2017,bitcoin is an asset for the rich crypto elite.It used to be the people's currency 5-6 years ago,but not anymore.

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December 28, 2019, 10:08:44 AM
 #44

I think, Bitcoin is not going to become the only currency in the world. It's going to become the only public ledger in the world. other currencies and assets will use that ledger to record ownership, which allows all sorts of assets to be used as money, including fiat. It's just that any fiat where the issuing bank continues to print will see the price of it's fiat fall so much that the extra liquidity they tried to create vanishes. at which there is no advantage to printing and it stops.

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December 28, 2019, 10:53:19 AM
 #45

In order for Bitcoin to be widely used later, the immediate goal is to make people understand and know that Bitcoin and the future will be used or replaced for fiat currency. Once recognized and accepted by national governments, Bitcoin will be stronger in the future.

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December 28, 2019, 12:42:20 PM
 #46

some interesting news I saw on youtube when many countries will not use dollars, is this what is called a fiat collapse so that entry within seconds will collapse as a whole, if that happens the dollar is not used again by some countries will become worthless, I'm waiting for this to happen maybe it will benefit bitcoin as a currency but not for small people if the value is high, it could be others like Libra or Ethereum used as a currency for small people, bitcoin is still the currency for all people supporting crypto
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December 28, 2019, 01:01:12 PM
 #47

Of course yes, it is even more the currency of the people. The real question is instead: do people want freedom or do they want to be more and more slaves?

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December 28, 2019, 01:11:18 PM
 #48

some interesting news I saw on youtube when many countries will not use dollars, is this what is called a fiat collapse so that entry within seconds will collapse as a whole, if that happens the dollar is not used again by some countries will become worthless, I'm waiting for this to happen maybe it will benefit bitcoin as a currency but not for small people if the value is high, it could be others like Libra or Ethereum used as a currency for small people, bitcoin is still the currency for all people supporting crypto
I have been able to read some article about that fiat collapse in which the natural currency of the of the country has been collapsing and because of it they are using dome digital currency in order to be used as their own currency for a month and etc. That's right if the fiat collapse all over the world then probably it would be a hard time for those people who only used fiat in order to support their daily needs but for us crypto enthusiast it would be good and better because we already know how to use cryptocurrency or digital currency in many aspects.
People will use bitcoin,litecoin, ethereum, and libra for them to be their personal currency in the future and it is very good for us then.



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December 28, 2019, 01:23:59 PM
 #49

Yes, bitcoin is decentralized currency and no.1 in coinmarketcap and coingecko.com, this is usecase and peoples currency. It is a internet money and nobody stop them.
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December 28, 2019, 01:44:40 PM
 #50

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

Since 2017,bitcoin is an asset for the rich crypto elite.It used to be the people's currency 5-6 years ago,but not anymore.

It doesn't mean that bitcoin will stay as the people's currency because it is the most used these past few years. Look at bitcoin now, it's volatility is occuring and we have nothing to do about it. Maybe we just need to wait and become a people's currency again.

No matter how long, no matter how hard for the bitcoin, but i'll still believe that bitcoin will be the best crypto 4 to 5 years from now.

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December 28, 2019, 02:18:31 PM
 #51

Yeah Bitcoin is one of most promising coin in crypto markets,people can easily use this coin and sent it all over the world.

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December 28, 2019, 04:01:59 PM
 #52

A lot of people I see that are into Bitcoin don’t really do it because they are interested in Bitcoin, but because they just want to make money and that’s it. I have even seen some people that have made profits through cryptocurrency and after they have made a lot of profit they then decide to quit and even discourage others. Their reason for discouraging others is what I still don’t understand, is it because they are trying to stop others from being rich like them or are they giving others good advice and stopping them from taking risks? Shocked. I don’t really understand.

But anyway, I believe that as time goes on the true fans will begin to adopt Bitcoin for the real purpose.

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December 28, 2019, 04:07:48 PM
 #53


but on the security side, the digital world is not 100% really safe
Without any method of storage 100% secure, even the banks with the most rigorous security can be stolen.
Cryptocurrencies may be the trend of the future, but it needs to overcome many major hurdles to achieve that goal.

inure 
 

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December 28, 2019, 04:24:15 PM
 #54


I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding.
A lot of people are still skeptical about bitcoin and the cryptocurrency market because they believe in what the media is trying to tell them. The government doesn't like bitcoin and cryptocurrencies so they're backing those who speak ill of bitcoin. I even know there are people who are spending their money on hiring media to post negative news about bitcoin and cryptocurrencies.


Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
I think cryptocurrencies introduced by the government are unlikely to succeed because they look like fiat currencies.

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December 28, 2019, 04:45:15 PM
 #55

In order for Bitcoin to be widely used later, the immediate goal is to make people understand and know that Bitcoin and the future will be used or replaced for fiat currency. Once recognized and accepted by national governments, Bitcoin will be stronger in the future.
People recognize bitcoins as a invesment like stock market and also bitcoin will not replace fiat because the price of this are volitle and not good to use in buying products.  And i think bitcoin will become future but as a alternative payment system only  .

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December 28, 2019, 04:50:02 PM
 #56

I think cryptocurrencies introduced by the government are unlikely to succeed because they look like fiat currencies.

They will make them look like Bitcoin, but with a "trusted" government regulator to give them credibility in the eyes of the gullible and trusting public.

The Fit to Talk English project is peaking at over 1,000 views in a four hour period - are you one of those guests.
If English is not your first language, then we can help you with your posting on Bitcoin Talk.
- PM me to join if you aren't a member. If you are a member, then we would love you to help other members.
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December 28, 2019, 04:52:23 PM
 #57

Maybe in future, what will be use of bitcoin people will keep support it. Although it can't be currency, bitcoin can be investment. Cryptocurrency like bitcoin, so far still flexible, it can be something that still be used although what some people want it to be is not happen. That is why i keep stick with cryptocurrency especially bitcoin.

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December 28, 2019, 05:03:51 PM
 #58

Maybe in future, what will be use of bitcoin people will keep support it. Although it can't be currency, bitcoin can be investment. Cryptocurrency like bitcoin, so far still flexible, it can be something that still be used although what some people want it to be is not happen. That is why i keep stick with cryptocurrency especially bitcoin.
Keep support when bitcoin existing with higher price only, but when bitcoin keep with lower price every one will left bitcoin because not profitable anymore, the same thing like ICOs investment project when giving much profit with higher price after coin listing many investor glad for investing with ICO, but look after many ICO failed how many people still remember and want join with  ICO.
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December 28, 2019, 06:31:34 PM
 #59

Maybe in future, what will be use of bitcoin people will keep support it. Although it can't be currency, bitcoin can be investment.
Most people really sees bitcoin as an investment and not a currency anymore because of its price. Not being hypocritical I also have it as an investment because of the potential earnings when the price pumps.


Cryptocurrency like bitcoin, so far still flexible, it can be something that still be used although what some people want it to be is not happen. That is why i keep stick with cryptocurrency especially bitcoin.
So flexible it has a pair on every coin no doubt on it because bitcoin was the first created coin.Bitcoin adoption is getting great these days, perhaps we will be seeing a good start with 2020.

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December 28, 2019, 07:35:18 PM
 #60

PS. At the next bubble, media will tell about investing into Bitcoin.. probably near to the ATH, leaving others disappointed/angry against Bitcoin as soon as it'll start dropping.
You think it is done on purpose? We know how mainstream media is entangled with the big bucks industry, could it be that this is their plan of making crypto repugnant to ordinary, non-tech people? Seems like a plan, also motive is obviously there so...
I think it is somewhat deliberate, something is cooking and bitcoin isn't in the menus.

I'm not certain it's a campaign done on purpose.
Clearly some things are done on purpose = because somebody has paid for that, but most news are just driven by how much "extraordinary" the thing is, so it may catch attention.
They don't care about you, me or Bitcoin. They care about their revenues, about keeping people interested to stay on their channel and.. watch the commercials between whatever they're telling.

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December 28, 2019, 11:09:10 PM
 #61

There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.

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December 28, 2019, 11:17:40 PM
 #62

There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.

Why would it excite people? If we will be talking about using it, that would really annoy people since they will not adjust that quickly with the changes. In terms of investing, despite a lot of people being patient, there are still a lot of people thinkong that this is a huge risk and they should be careful im dealing with it. Yes it is exciting but just when you see it is progressing not falling.

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December 28, 2019, 11:17:44 PM
 #63

First things first , bitcoins or anything here cannot survive without people , they use it , that's why it's there and the thing is even if the popularity of bitcoins will decrease in the near future , it won't die , because right now it's roots are embedded too deep in the market and it's providing jobs for a lot of people who are not being able to get anything through the government sector and that is a really good thing that they are able to work this way .
It is still for people and it will remain to work for people .



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December 28, 2019, 11:26:12 PM
 #64


I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.

Fiat has a strong power over bitcoin and other digital currencies because it is centraized and under government's system. For now, bitcoin is not fully used as country's alternate currency as expected by many. Let's admit it, it is widely use as a store value and/or investment and not digital currency as it is.

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December 28, 2019, 11:51:22 PM
 #65

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
Again and again, Bitcoin is one alternative payment method. Bitcoin is only for Bitcoin wallet owners. And people who know about the use of crypto. And that is the reality. It takes something to introduce Bitcoin and crypto as a whole to the laity.

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December 29, 2019, 12:16:31 AM
 #66

It is a heart breaking reaction when you are a full supporter of Bitcoin.
I feel you there bro.

We cannot stop those media outlets that had been spreading lies of what Bitcoin really is.
But we can do something.
Spread more than how much they are trying to do.
In that case, we have a chance to shed some light to those who was filled with darkness of the media and the government.
They are all against it for it gives chances to the poor to get up once again.

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December 29, 2019, 12:26:30 AM
 #67

I agree with the statement that bitcoin will be an option when the fiat system collapses. it is proven by looking at the economic crisis in a country. some big businessmen turn to bitcoin or cryptocurrency to save their assets. however, FUD has no influence on this matter.

until now the development of bitcoin is still happening, no matter the media giving FUD news like anything. it is better to focus on gathering these assets before they also start. the thing that I believe is that bitcoin will continue to grow and will most likely be made as an alternative payment in the future.


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December 29, 2019, 02:44:41 AM
 #68

if the governments of each country would make their currencies through the blockchain network, it could be a solution that decentralized crypto like bitcoin would still be accepted throughout the country. because both of them stay connected. Bitcoin is currently used for crypto trading. and its value increases, it will be the same as you say. the potential to save wealth assets, and make a thick personal wallet. and when you want to take it, then you can convert it to the government's centralized crypto. wherever we are in other countries.



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December 29, 2019, 03:40:55 AM
 #69

Maybe in future, what will be use of bitcoin people will keep support it. Although it can't be currency, bitcoin can be investment. Cryptocurrency like bitcoin, so far still flexible, it can be something that still be used although what some people want it to be is not happen. That is why i keep stick with cryptocurrency especially bitcoin.
Keep support when bitcoin existing with higher price only, but when bitcoin keep with lower price every one will left bitcoin because not profitable anymore, the same thing like ICOs investment project when giving much profit with higher price after coin listing many investor glad for investing with ICO, but look after many ICO failed how many people still remember and want join with  ICO.
I hope maybe there are a lot of people who still support bitcoin in every it's condition. Especially for me who know bitcoin when it is less than $200. And in past there are already a lot of people who know bitcoin since it's lower price. Actually i only can say i believe they will keep support bitcoin although it get dumped. And i will be 1 of people who do it.

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December 29, 2019, 03:53:32 AM
 #70

if the governments of each country would make their currencies through the blockchain network, it could be a solution that decentralized crypto like bitcoin would still be accepted throughout the country. because both of them stay connected. Bitcoin is currently used for crypto trading. and its value increases, it will be the same as you say. the potential to save wealth assets, and make a thick personal wallet. and when you want to take it, then you can convert it to the government's centralized crypto. wherever we are in other countries.
It can still be considered people's currency in a way that everyone is able to use it fairly with same amount and with same rules and process. It just that government in different countries implements their own rules and sets new limits that hinders to others to use it. In my country it is only been popular now and still many didn't know it. The fact that it can be use by anyone if only no rules were set can still consider btc as people currency.

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December 29, 2019, 11:52:15 AM
 #71

Today, many do not know and do not fully understand bitcoin. In order for this to happen, you need to do in the use of bitcoin in a wide format and then, they will recognize bitcoin.
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December 29, 2019, 12:09:59 PM
 #72

I think for now its not the basic means to exchange for goods or the main currency. But fortunately, its part of people's options to earn it and exchange for fiat or local currencies. However, digital paltforms are also growing and people are making money online, having businesses online so basically there forms of payments and settlements are conveniently thru online. Bitcoin and crypto is part of it and its happening already.

 
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December 29, 2019, 12:56:14 PM
 #73

There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.

There is no money that is worth 7300$ today and was 3800$ on 1st March 2019. Is it wise to say that global fiats will crash one day? I mean who gave a surety of that? Even if fiat crashes, bitcoin is in no position to replace fiat as its too volatile, have a high transaction fees and settlement time. Tune-up bitcoin first if you wanna see him replacing fiat.

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December 29, 2019, 01:47:09 PM
 #74

Indeed, it will take a long time for bitcoin to be accepted worldwidly. The current process now is that a lot of people will join bitcoin community and it's gonna be so famous day by day till the government will accept it as soon as possible.
There are several countries that have recognized bitcoin, and have legalized bitcoin.
In my own country, Bitcoin is already legal and recognized.
Slowly but surely, the world will recognize and start using bitcoin.

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December 29, 2019, 02:39:56 PM
 #75

some interesting news I saw on youtube when many countries will not use dollars, is this what is called a fiat collapse so that entry within seconds will collapse as a whole, if that happens the dollar is not used again by some countries will become worthless, I'm waiting for this to happen maybe it will benefit bitcoin as a currency but not for small people if the value is high, it could be others like Libra or Ethereum used as a currency for small people, bitcoin is still the currency for all people supporting crypto
I have been able to read some article about that fiat collapse in which the natural currency of the of the country has been collapsing and because of it they are using dome digital currency in order to be used as their own currency for a month and etc. That's right if the fiat collapse all over the world then probably it would be a hard time for those people who only used fiat in order to support their daily needs but for us crypto enthusiast it would be good and better because we already know how to use cryptocurrency or digital currency in many aspects.
People will use bitcoin,litecoin, ethereum, and libra for them to be their personal currency in the future and it is very good for us then.
luckily for us who already know how crypto currency works and often do online payment transactions, so if it is applied as a people's currency I think it would be really fun to be the currency in the country we live in, this hope might be in the minds of all crypto supporters , but speaking of Libra, I want to see if it really succeeds later next year
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December 29, 2019, 02:43:05 PM
 #76

some interesting news I saw on youtube when many countries will not use dollars, is this what is called a fiat collapse so that entry within seconds will collapse as a whole, if that happens the dollar is not used again by some countries will become worthless, I'm waiting for this to happen maybe it will benefit bitcoin as a currency but not for small people if the value is high, it could be others like Libra or Ethereum used as a currency for small people, bitcoin is still the currency for all people supporting crypto
I have been able to read some article about that fiat collapse in which the natural currency of the of the country has been collapsing and because of it they are using dome digital currency in order to be used as their own currency for a month and etc. That's right if the fiat collapse all over the world then probably it would be a hard time for those people who only used fiat in order to support their daily needs but for us crypto enthusiast it would be good and better because we already know how to use cryptocurrency or digital currency in many aspects.
People will use bitcoin,litecoin, ethereum, and libra for them to be their personal currency in the future and it is very good for us then.
luckily for us who already know how crypto currency works and often do online payment transactions, so if it is applied as a people's currency I think it would be really fun to be the currency in the country we live in, this hope might be in the minds of all crypto supporters , but speaking of Libra, I want to see if it really succeeds later next year

For me, fiat still the worlds' currency and it is not yet replace by a cryptocurrency, but when we are talking about the crypto, of course Bitcoin is still the favorite of all people and the king of all crypto. For Libra, I am not even hearing it in the news lately, what happened to it? They are always delaying its launch.
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December 29, 2019, 03:04:08 PM
 #77

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
As the time pass i think bitcoin was still on its way to conquer the world and slowly influencing a lot of people, I still we still have a long way since in a lot of countries technology of bitcoin was still not a thing to implement since they already get used to fiat money. I think bitcoin was still a people currency in a lot of ways but still, for now, the bitcoin was not yet on the currency thing but still just a digital cash that is better for investment not for what it is made of digital cash. What we could do is influence people in bitcoin so that it could help us to spread bitcoin and that way we could achieved the bitcoin era.

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December 29, 2019, 03:11:42 PM
 #78

im not sure if people use crypto as currency. when fiat system down, people will back to the previous system, and we never know about bitcoin, it can still be asset or we can use it as secondary currency. but what i know, people use cryoto for their profit, as digital asset. im afraid when the time come true, people not and never ready to spend their crypto for daily
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December 29, 2019, 03:15:00 PM
 #79

Bitcoin is indeed peoples currency for the fact that it is the money to bring privacy and transparency to the ecosystem and financial markets and all. It's like saying is if email will be used by people instead of postal mail because media is so anti technology? People will soon learn the better of crypto.

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December 29, 2019, 04:54:32 PM
 #80

There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.

No, there is, Bitcoin. if we are to always lock our selves to the conversion of bitcoin to USD fiat, then we will not develop further. We should see the value intrinsically from bitcoin itself without really comparing it to fiat in the future. Because there could be a time when we widely trade using bitcoin and the market price today would be disregarding concerning a huge market correction. Especially if the whole world will adopt to bitcoin as their main currency backed by different assets such as gold, fiats and more.

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December 29, 2019, 05:01:31 PM
 #81

I've been discussing Bitcoin in a couple of forums, and I'm shocked by the vitriol and anti-Bitcoin passion that I'm finding. It seems that the mass media FUD has turned away the very people who could benefit most from Bitcoin. In contrast, Bitcoin is becoming stronger every day, and is moving towards becoming a store of wealth, and it seems to be moving into the ambit of the rich and the knowledgeable. I'm giving up on Bitcoin evangelism, and concentrating on fattening my wallet.

I thought that Bitcoin might become one of the currencies used by people when the fiat systems collapse, but I think this will only be a minor use. I believe that fiat cash will be used for a while, and silver coins could become a longer term solution. Of course it all depends on the cryptos that are introduced by the various governments, and whether there will be any trust in them.
Bitcoin has been through many issues over the years. It is not surprising anymore to see plenty of people becoming anti-bitcoin just because they do not know the use and benefits of it. In my experience, I have use bitcoin for lots of convenience and security of my future as well that's why I will keep on investing on it till the end of time. Bitcoin can really be the greatest help the world could have in case of an world economic collapse wherein it would play a vital role on reuniting the world and reviving its struggling economy.
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December 29, 2019, 05:20:39 PM
 #82

There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.
True, bitcoin really got an awesome value in the market, it's around 7400$ right now, according to preev.com and I think that this price is able to increase a lot in the near future. It was already 19.7k$ in December 2017 so it's really get the potential to increase hugely and reach that peak again and even it can surpass it.
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December 29, 2019, 05:32:27 PM
 #83

There's no money worth 7000 dollars. Bitcoin can be worth the price but with this store. People see bitcoin as an investment instrument. The instability of the Bitcoin price scares people. Offers an opportunity for people. And that attracts people. Uncertainty excites people.
True, bitcoin really got an awesome value in the market, it's around 7400$ right now, according to preev.com and I think that this price is able to increase a lot in the near future. It was already 19.7k$ in December 2017 so it's really get the potential to increase hugely and reach that peak again and even it can surpass it.


Bitcoin is indeed the most valuable form of money and it will remain people's coin as users have control over their bitcoins apart from whales and traders who are responsible for manipulating the value. everyone is waiting for the price increase which could take place in the near future and we have already got the signals about the pump as bitcoin is trending green from few days. But we cannot confirm anything until we see a huge difference in the price of over $500 instead of $100.

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December 29, 2019, 05:52:49 PM
 #84

Until you see people here on this forum who either try to earn BTC or even just try to discuss the possibilities of the future with BTC, it'll be a people's currency. There are people who are not understanding it and falling for scams and other stuff but sensible people will learn and earn it.

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December 29, 2019, 06:55:43 PM
 #85

Eh, people can be dumb. They can play with their monopoly fiat. Crypto is for the elites and intelligent. Most people are lazy. Hell you can even go back to 2010 and tell people to mine bitcoin and the will be rich and most people will not listen. Most accept mediocrity and thus are only mediocre. It's still a peoples currency since it gives us power. Only if we want to take that power that is. The other losers can stay poor using fiat while richer grow more wealthy. They had their chance to be apart of it but their minds are too closed.



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December 29, 2019, 07:17:39 PM
 #86

Since the main purpose of joining here was to know what's the condition and learn Bitcoin, then bitcoin is still the priority and choice of the people. It's obvious that questions are still being published about bitcoin, which means they're still concern about it.

All of the other assets weren't made from scratch, it's made from the idea of bitcoin. If there are assets that popular and blooming, people will still compare it to bitcoin, I'm 100% sure with that.

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December 29, 2019, 08:09:30 PM
 #87

My point was not whether it could be used for peer to peer transactions - gold bars can be used for that. I was suggesting that you need to use computer systems that may be beyond the poor, or to use 3rd party pseudo banking services, This means we are creeping back to centralised control with the services. It also seems that Bitcoin is being collected by the rich, or at least those with spare cash to build an investment portfolio. All this moves it away from the people for daily use.

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December 29, 2019, 08:24:30 PM
 #88

I guess that answer to that question depends on the angle you look at it.
If we take the fact that only small and limited number of people in the world is using Bitcoin then it's hard to say that is people's currency, more it belongs to certain elite, digital technology elite let's say so.
However, I stongly believe that Bitcoin was ment to be a mass currency, available without limits to anyone everywhere in the world. The question is if and we are going to achieve that.

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December 29, 2019, 08:45:30 PM
 #89

When as ppl we taking majority using paper money so nope def
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December 29, 2019, 09:19:55 PM
Last edit: December 30, 2019, 07:55:26 AM by royalfestus
 #90

I don't understand the feud the space is generating lately with bitcoin and Ethereum, sometime is bitcoin with the whole altcoins space. I sometimes think it could be a strategy to form 2 parties working to bring fund in the space. Every thing here should be looked in such a way that could be manipulative, I dont know how Ethereum suddenly became the enemy, they were not these rivals, some 2 year revelation of Vitalik scam moves in the space, why now? we should look at it in different ways

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December 29, 2019, 11:57:54 PM
 #91

Bitcoin has a lot of users here already in this part of Africa, the only setback is the price volatility but rather than running away from it, people here now embrace it as a good form of investment..

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December 30, 2019, 12:36:08 AM
 #92