Is bitcoin like smart tvs in ~2016 now?

[jackg]

I think in around 2016, the technology of smart tvs wasn't very good but most people seemed to start to get them because they had Netflix and YouTube installed on them and could do quite a few other things but were still very limited...

Now there are way more brands of smart TV (in 2019) and I had to buy one recently and they have huge amounts of functionality compared to the old ones from around 2016 or even 2018 and are now much mor eof a reasonable price for a good one...

Bitcoin currently seems like it will in a few years be a huge fad that everyone wants to show off (so people who laughed at it will want to buy) and people will have to be part of it and it may either crash (slightly) or keep it's same value as other countries try to keep up but it loses its hype... Bitcoin also currently lacks a lot of the functionality that it could have to make it so much more useful and a lot of the ideas behind it just need time for people to think on them an implement.

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[mk4]

In terms of technological improvements, you could definitely say that. Bitcoin is in that very early stage that a lot of people still find it sort of unnecessary, but as it's technology evolves and improves, along people's knowledge about it, the usage will increase.

The difference with both though, is:

• Smart TVs gained adoption through knowing that using HULU/Netflix/YouTube/etc is better and cheaper(I think?) than paying for cable TV.
• Bitcoin will gain adoption by people knowing(hopefully, at least) and or realizing how corrupt the banking system is.

But of course, let's not forget that Bitcoin is not guaranteed(because nothing is) to reach mass adoption. Lots of technologies also failed in the past. I'd figure I'd mention that just to balance out the overly-bullishness.

[hugeblack]

It can be true in terms of technology, but the motivation to use something that requires more factors such as stability, "fluctuations weaken for alertness," and regulatory restrictions, "are a lot of people moving away from the lack of legal status."

If there is a reason for use, then surely people will use Bitcoin, especially if it makes things easier.

With the lightning network and the relative stability in prices, I expect a change to happen.