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Question: Has Bitcoin failed it's original purpose?
Yes, it is irrelevant to the great masses of the people. - 11 (26.2%)
No, it's better than ever. - 28 (66.7%)
What is Bitcoin? - 2 (4.8%)
Some other coin will eventually overtake Bitcoin. - 1 (2.4%)
Total Voters: 42

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Author Topic: Has Bitcoin FAILED?  (Read 1101 times)
blckhawk
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December 27, 2020, 02:33:47 PM
 #101

Well, bitcoin might be failed to serve its original purpose which is being a currency of course. However, it evolved into something way better which is a tool for investment. IMO, bitcoin never fails but rather it even progressed way better than we could imagine. Remember from a worth of a penny into a grand amount of dollars and from single into a big community. For being notorious or threat and now become a valuable asset for big companies, individuals, and institutions, I think that is enough evidence that Bitcoin never failed.



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December 27, 2020, 02:50:47 PM
 #102

Bitcoin is not failed. In my point of view, it become more better that it's original purpose. Government doesn't it that's why it's difficult for bitcoin to become a national currency but it developed more than a currency because you can use it as your valuable asset and investment. Aside from that you can also use it as payment method for buying goods and services and for paying your bills. And now the value of bitcoin is still increasing which is showing how valuable it is as digital currency.

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January 01, 2021, 07:27:03 PM
 #103

Failure is such a harsh word. It has not been accepted in retail, but investors love it. That would make it so so. Will have to see what happens with paypal. I'll give it a C+
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