Is Bitcoin still a people's currency?

[Edraket31]

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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[DreamStage]

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.

[davis196]

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.

[Darooghe]

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.

[znation]

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.

[samuraijin]

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

[MarioV]

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?

[White Christmas]

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.

[hajirkhalid2]

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.

[AniviaBtc]

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.

[rokon1234]

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

[fullhdpixel]

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? . 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.

[xZork]

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.

[acdc]

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.

[Gotumoot]

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  .

[Jet Cash]

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.

[BitcoinHunt3r]

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.

[asus09]

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.

[Twentyonepaylots]

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.

[NeuroticFish]

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.