Is Bitcoin still Beta Software

[decodx]

I don't think the officially released Bitcoin software could ever count as beta, because beta implies that there will be a full release with a new blockchain. Sure, there was a lot of bugs in early days, but software in general is quite buggy at version 1.0, because bugs get uncovered when lots of users start to actually use the software. By definition beta is something incomplete, and when satoshi mined the first block, the software already was complete and had all the necessary functions for sending and receiving money.

I'm not entirely sure about that. Even Satoshi himself called the software as a beta version.

Someday when we haven't found any new bugs for a long time and it has been thoroughly security reviewed without finding anything, this can be scaled back.  I'm not arguing that this is the permanent way of things forever.  It's still beta software.

and even when Satoshi left the project, the software was still a work in progress, and further improvements and enhancements were made in subsequent versions.

[hatshepsut93]

and even when Satoshi left the project, the software was still a work in progress, and further improvements and enhancements were made in subsequent versions.

Work in progress and beta is not the same. Most software that is actively used is also actively developed with new features being added and bugs getting fixed. Beta version is not a full version, it lacks certain important parts without which the software is not complete. I would argue that when Satoshi released Bitcoin, it had all the necessary core features for doing what Satoshi has described in the whitepaper.

[decodx]

Work in progress and beta is not the same. Most software that is actively used is also actively developed with new features being added and bugs getting fixed. Beta version is not a full version, it lacks certain important parts without which the software is not complete. I would argue that when Satoshi released Bitcoin, it had all the necessary core features for doing what Satoshi has described in the whitepaper.

I understand your point, but I disagree. This is not how the software release lifecycle usually goes. The Alpha and Beta phases in software development are intended for testing the software and correcting bugs. Typically, the Alpha phase is conducted by the software development team, and the Beta phase involves the wider community or specific customers (or testers). There is no point in testing a product that doesn't even have core features completed.

After all, as I mentioned before, even Satoshi referred to the software as Beta from the time he released it until the end of his involvement in its development.

[Zigabel]

For the second statement, it is good advice not to put all our money into Bitcoin. What would we call people who go against this rule? Gamblers? High-risk takers, or just plain stupid. I'll bet on Bitcoin. Would you?

Putting all your money in Bitcoin is definitely not a good idea, even when investing it's usually advised you don't make all your investment in one place but have some to keep to yourself, it's literally common sense that you don't put all your funds in one place just should Incase uncertainties happens you don't have to loose every of your hard earned money.