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Author Topic: Is Bitcoin still a people's currency?  (Read 992 times)
KrisAlex18
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January 25, 2020, 02:20:49 PM
 #141

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.
We probably people are intended to seek some news in social media especially if the money is involved. Now, news also includes about digital cryptocurrency globally to know what happen and how it affects countries economy. Bitcoin is commonly known as the new hope and new thing to invest with. Peoples attention are get caught by the bitcoin currency because of what it can do and what it can give to many people but not just that it might affects the whole economy. This is still peoples currency because many people are still invest to it.

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January 26, 2020, 12:13:59 PM
 #142

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.
We probably people are intended to seek some news in social media especially if the money is involved. Now, news also includes about digital cryptocurrency globally to know what happen and how it affects countries economy. Bitcoin is commonly known as the new hope and new thing to invest with. Peoples attention are get caught by the bitcoin currency because of what it can do and what it can give to many people but not just that it might affects the whole economy. This is still peoples currency because many people are still invest to it.

It is people’s currency because many people are investing in it. Not only a currency, but the one that has won user’s heart and that is gaining more attention. Not only traders are adopting it not only for long term investments, but students, youngsters, common people they are adopting it for daily earning and short term investments that make them financially stable and secure.

 
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