What is the most optimistic result of Bitcoin?

[Yaunfitda]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

Every technology has to evolved, Internet was developed from ARPANET then eventually group of networks and then it became the modern Internet that we know of. Same as cell or mobile phones, not it became not just a phone, but a "smart phone'. And so is the bitcoin, from a payment scheme, to store of value to an speculative asset, to hedge by companies in their balance sheet.

[irsykes]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

I really doubt it can happen so easily. Because to replace fiat itself which already used by all people in the world will need a lot of thing first. Regulation which is we can't get or not it is all depends on government. Give knowledge to people from big market until personal so they know about bitcoin and i don't think there are someone who want to do that job.

[downsolo77]

Given its volatile nature, it is possible that bitcoin will gather momentum again at some point in the future (perhaps weeks, months or even years down the line). Get to know the next bitcoin rise before everyone else. Install this bitcoin tracker shorturl.at/djvwS for news update. This is because bitcoin's price is based solely on speculation

[adzino]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

Bitcoin was supposed to be used as a currency, but there are some flaws with bitcoin that makes it almost impossible to use it as a regular day to day currency. We need to fix this issue without bring any risk to the security or changing the protocol. I doubt bitcoin will ever replace the current fiat currency anytime soon. The government around the world will not allow that to happen. The best we can see is that other centralized crypto currency (most likely made by the government) replacing the current fiat system.

[Dread Pirate Roberts]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

Bitcoin will be scarce when it is almost touching the maximum supply and the price will be very high.I am now more convinced that bitcoin will be a digital asset not as a payment method, because there is many other coins have lower fees and better in many aspect if we talking about crypto as payment.

[lalabotax]

Should we really get into it? What kind of optimist results are better?
I personally don't really think about it. As long as many more people accept BTC in the world, no more FUD about it, BTC will be rising up. And about the against of the global currency, I know that this also becomes the goal of BTC itself. But if this not happens today, we may not need to force it. The time will flow and it may be changing tomorrow

[Tessnik]

Bitcoin is already at its best and playing its role as a currency and also as a digital asset that can give a good return on investment.

But again with more development can help make Bitcoin more flexible to be used for small retail transactions in other to compete with the faint currency.

[jjdub7]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

My personal opinion is that Bitcoin cannot (or at least will not be soon) replace fiat currencies and be used as a means of payment.

I think the future of Bitcoin has to do with becoming the largest asset for accumulating value and serving as a guarantor for other financial transactions, for example. Rather Bitcoin can replace gold than any fiat currency.

[nightxglow]

I think bitcoin coming back to its root as a currency is hard to obtain, it's just that now, bitcoin is already shifting from its initial use as currency to a speculation tool and investment. I bet, most of the people here won't consider buying bitcoin to use it as a currency, no, it's just too much of a loss. But making bitcoin as an investment sure is beneficial, and if in the end bitcoin lose its purpose as currency and only used as investment, i guess that is fine too as long as bitcoin still has its worth.

[Smartvirus]

The most optimistic result for bitcoin as I see it would be a global adoption.  This would be the phase where the potent of bitcoin would be unleashed to the world and would be an added advantage for those who already own some from this moment because it would be way valuable even to the least sat. Though, a stabilisation might be attempted i guess but then, its worth would be something really precious. I don't see bitcoin replacing fiat, not even fir the next 1000years and thats me. The best that could be hoped for is a working together or coexistence. Fiat is a nations identity and no nation and is centralized at that. No nation would want to loose what they have control over for what they can't.  I don't see that happening.

[ChiBitCTy]

I am with you here in regards to what bitcoin needs to be able to accomplish.  I hear a lot of people these days saying that bitcoin can work out just fine as a replacement to gold, or a "store of wealth", and I don't disagree with these assessments, but I also firmly believe bitcoin needs to be used as a currency for it's long term health and survival.

[sapnu]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

In my opinion, one of the optimistic outcome bitcoin has given to its investor is the financial freedom they can never get as they continue using fiat. The government has caged our chances to get a chance to be wealthy because they are too greedy of getting all of the people's money. Actually there are a lot more optimistic outcome that bitcoin caused like improvement on one's responsibility and life. A lot of people are much grateful in bitcoin as they get the right timing for it and benefit a lot from it. Regardless of what's happening right now, let us keep on looking at the bright side of bitcoin.

[int03h]

The best-case scenario is that Bitcoin is used worldwide as a currency. Bitcoin becomes a global currency, people can use Bitcoin anywhere in the world easily. Currently, the transaction cost issue is being resolved temporarily with the lightning network solution. We can expect cheap, high-speed Bitcoin payments in the future.

[suzanne5223]

There's a lot of most optimistic result expect through Bitcoin but the number one purpose is for it to serve as an alternative current and as an innovation payment payment system, unfortunately 95% of the government don't have confident in Bitcoin despite that they are benefitting from Bitcoin through tax.
This is also the reason why the World Bank don't support El Salvador in their Bitcoin legalization move.

[taufik123]

The best-case scenario is that Bitcoin is used worldwide as a currency. Bitcoin becomes a global currency, people can use Bitcoin anywhere in the world easily. Currently, the transaction cost issue is being resolved temporarily with the lightning network solution. We can expect cheap, high-speed Bitcoin payments in the future.

not really optimistic if bitcoin becomes a global currency. Due to some of the weaknesses that bitcoin has, Bitcoin is still not accepted by some countries. Bitcoin will not be the same global currency as FIAT. Bitcoin will still be under FIAT. Bitcoin is only an optional digital currency. But I don't know what will happen in the future, for sure Bitcoin or cryptocurrency will continue to grow.

[Similificator]

Well yeah, indeed it would be very nice to see bitcoin becoming or actually being what satoshi designed it to be. Having such a thing happen would be very interesting since it would literally change the way this world works. Too bad though that it is as close as to impossible for this to happen. Just looking at how bitcoin is being used now, you just know that there's no going back. And besides, there are also a lot of factors today that would hinder any crypto currency at the moment to be the in line with satoshi's vision. That's just how it is. But hey, at least we are heading to mass adoption pretty fast so at least in a sense, it's still okay.

[ropyu1978]

very optimistic results from bitcoin, it can be said that a very optimistic result from bitcoin is, people have started to like bitcoin, and people already believe in bitcoin, and dare to invest in bitcoin, although many have posted negative things about bitcoin, but most people don't believe it about negative posts, and keep thinking positive about bitcoin, and keep believing that bitcoin can provide better finance for its users..

[pawanjain]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

I personally like one factor of bitcoin and that is it's deflationary nature. Since the supply is limited it increases in price almost every year.
Holding fiat is like giving away your money to someone else while holding bitcoin gives you the ability to 'own' your money while getting pretty good returns on it.
I know the dumps can sometimes be devastating but it cannot be all rainbows and sunshine.
I don't worry about my bitcoin's at all since I hold it for long term and price definitely increases in the long run.

[kryptqnick]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

Returning to its roots in terms of purpose is perhaps a good idea, but if terms of the levels of adoption, access to using it as currency and general publicity, it would be the death of Bitcoin.
I think that the most optimistic result would be if Bitcoin gets accepted as payment in supermarkets and cafés, and something is figured out about the fees, so people don't have to pay much for such things. And the number of users would get similar to that of the number of Internet users. But Bitcoin can also remain used for trading or as an investment. It doesn't have to be a choice, Bitcoin can successfully be many things.

[skybot13x]

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.

That would require the majority of Bitcoin holders to refrain from speculative activity. If that happens Bitcoin could become a currency. Otherwise how do you see Bitcoin achieve sufficient stability in order to work as a currency as we know it?