Is the objective of bitcoin redirected?

[yazher]

From the past decade, bitcoin failed to add any value to the real world. It was supposed to be an alternative payments solution but it become an assets class for storing values. Its technology is old, slow, and expensive compared to many altcoins. Still, people investing in bitcoin because of its extremely fast-moving advantages compared to other assets like stock and gold and its extensive nature. Is the objective of bitcoin is dead or has it's been redirected on purpose?

It's not yet but it's slowly been accepted by everyone else until everyone will decide to make it one of their official currency. right now, we see more of the good news about it that hasn't been there before also we have lots of clarity regarding criminal activities. It's only 10+ years after its first creation. there will be lots of surprises and twists in the next years to come which will make it even stronger than today and more trust from the other countries as well.

[yhiaali3]

Is the goal of bitcoin has died or has been redirected?

In my opinion, the goal of Bitcoin has never died, the primary goal of creating Bitcoin in my opinion was to create a new financial system out of control completely and is not linked to any economy or state, a decentralized system and can not be controlled or stopped. Bitcoin succeeded in it completely.
As for the other part of the question, there are many attempts to redirect Bitcoin by governments to prevent Bitcoin to achieve its goal and re-control on the system fully but we can say they failed to stop Bitcoin or redirect it so far.

[ChiBitCTy]

From the past decade, bitcoin failed to add any value to the real world. It was supposed to be an alternative payments solution but it become an assets class for storing values. Its technology is old, slow, and expensive compared to many altcoins. Still, people investing in bitcoin because of its extremely fast-moving advantages compared to other assets like stock and gold and its extensive nature. Is the objective of bitcoin is dead or has it's been redirected on purpose?

Well sure sounds like you’re a hater of bitcoin or you just don’t understand how things work. Bitcoin has been used as a means of payment plenty of time. I use it for that purpose all of the time. Bitcoin being “slower” than other coins is partially true but what you seem to fail to understand is that when you have that much traffic on a network it’s going to slow things up. Altcoins don’t have nearly that much traffic. Things will improve.

[mindrust]

From the past decade, bitcoin failed to add any value to the real world. It was supposed to be an alternative payments solution but it become an assets class for storing values. Its technology is old, slow, and expensive compared to many altcoins. Still, people investing in bitcoin because of its extremely fast-moving advantages compared to other assets like stock and gold and its extensive nature. Is the objective of bitcoin is dead or has it's been redirected on purpose?

As long as bitcoin goes up in value it will attract more people. People don't give a damn about its use case tbh. They never did. And bitcoin will always go up because it has limited supply so I don't see it failing in the near future at least. Stocks and gold are boomer plays they are dying. Bitcoin is thriving.

[bounceback]

The presence of bitcoin has given freedom for every community to finance their finances without any interference from the government because by using bitcoin of course we can do whatever we want such as making transactions between users, making it an investment asset and can also be used as an alternative payment even though currently many governments who refuses to accept bitcoin as legal tender in their country.

[kryptqnick]

From the past decade, bitcoin failed to add any value to the real world. It was supposed to be an alternative payments solution but it become an assets class for storing values. Its technology is old, slow, and expensive compared to many altcoins. Still, people investing in bitcoin because of its extremely fast-moving advantages compared to other assets like stock and gold and its extensive nature. Is the objective of bitcoin is dead or has it's been redirected on purpose?

Bitcoin showed that money doesn't have to be strictly controlled by any particular government. It also demonstrated that it doesn't have to contain the hidden tax of inflation in it. Thirdly, it allows transactions all over the world without the use of banks and without the use of IDs. I think it did enough, and then the rest is determined by consumers' behavior. Some people hodl it, some trade, others actually try to spend it as money. Bitcoin is versatile, and with a little help it can be used as money. So obviously, Bitcoin's not dead, its objective has been reached, and now people can do whatever they want with it, and it's fine.

[stomachgrowls]

The presence of bitcoin has given freedom for every community to finance their finances without any interference from the government because by using bitcoin of course we can do whatever we want such as making transactions between users, making it an investment asset and can also be used as an alternative payment even though currently many governments who refuses to accept bitcoin as legal tender in their country.

It could really be used on various ways neither be sticking out with that payment thing or would totally be focusing out with investment matter which it isnt surprising that people would really be focusing

more on how to make profits rather than on minding on its actual usage or the main essence of its existence which i couldnt really blame them off.Its not redirected but people are just focusing

on the thing on where they could really benefit the most which even myself  would definitely be choosing it as well.

[kentrolla]

The presence of bitcoin has given freedom for every community to finance their finances without any interference from the government because by using bitcoin of course we can do whatever we want such as making transactions between users, making it an investment asset and can also be used as an alternative payment even though currently many governments who refuses to accept bitcoin as legal tender in their country.

That's the basic idea behind the creation of bitcoin but what the OP is trying to stress over here is whether we are using Bitcoin for the same purpose for which it was created or its used as an investment purpose like we buy stock when the price dips and sells when it's at peak and somewhere due to emergence of too many Altcoins the original purpose of bitcoin has been lost and now crypto market has become competitive and noone use it for peer to peer transactions.

[fiulpro]

We did not know anything regarding the objective of Bitcoins since at the end of the day, the objective of Bitcoins is dependent more upon the person who is using it. At the end of the day I do think that freedom of owning your own money without any interference from the government and authorities is extremely important using it as an asset as well is something that is taking people literally out of all the struggles as well. They are able to find their jobs and at the same time it can also evolve in a global currency. With most government accepting bitcoins , I do think that the value is already being recognized worldwide.

[laredo7mm]

The presence of bitcoin has given freedom for every community to finance their finances without any interference from the government because by using bitcoin of course we can do whatever we want such as making transactions between users, making it an investment asset and can also be used as an alternative payment even though currently many governments who refuses to accept bitcoin as legal tender in their country.

We really got that freedom? Can I use bitcoin in china without any fear? If they can track my transaction and arrest me for using bitcoin then how I become financially free! Bitcoin was supposed to create an environment for the decentralized economy but all these centralized exchanges really helping anyway to make the economy decentralized or it's becoming more centralized with a label of decentralization?

[Zilon]

From the past decade, bitcoin failed to add any value to the real world. It was supposed to be an alternative payments solution but it become an assets class for storing values. Its technology is old, slow, and expensive compared to many altcoins. Still, people investing in bitcoin because of its extremely fast-moving advantages compared to other assets like stock and gold and its extensive nature. Is the objective of bitcoin is dead or has it's been redirected on purpose?

The purpose of Bitcoin is not been forfieted and you can't say it has failed to add up to real world values. Bitcoin was intended to serve as an alternative form of digital currency in a decentralized network protocol. Now the rise in price hasn't changed anything. If eventually it gets global adoption we have 1 satoshi which is equivalent to 100 million Bitcoin which is still in good shape to serve the purpose. We can possibly use sats for currency while Bitcoin retains it's store of value purpose the technology hasn't failed yet it was well planed to curb the inflation