Bitcoin is not perfect, and that's okay.

[TakeItEasy]

Wise words!
Nothing in life is perfect. Perfection is beyond humanity, Soo no one should expect it from human inventions.

But we can still have chances in life to get to the right track, every chance in our life is yet another opportunity in which we can achieve something and mostly people did but some of them just lost the track and thus they fail, even though they are not failed but they think they are going down. Although achieving success requires struggle which needs time to understand.

Every form of investment is risky, so it is not just peculiar to Bitcoin. There are so many persons who have lost huge sum of money in forex, stocks and other forms of commodity trading.
So, it is quite laughable that some people will be bad mouthing Bitcoin and claim that it is too volatile.

Even the entire crypto is risky in a sense I must confess because I have never seen a person in the crypto industry who is happy from even a single coin, every person has a problem with a coin which give him loss even. That is just the thinking of different traders, we should only think on our side and decide for ourselves how to manage even when we are in loss.

[qwertyup23]

doesn't make it the "tool for terrorism" as the governments want people to believe.

Is this really a thing that governments are discussing these days? Because the other day I saw another topic around the same subject here and despite the FUD about illicit usage being old it makes me wonder whether they are starting it up again?

I highly think that this is the only argument that the government that can think of. With all the advantages and benefits that one can gain from just earning BTC, people may still find a way to focus on its negative aspect and make it like a non-negotiable thing with them.

I just find it really funny whenever I read posts arguing that BTC should be avoided because it is a "tool for terrorism" due to its anonymity factor. I mean, anything an be a tool for terrorism; even money or fiat can be used by these people for illegal and illicit activities.

[KFC786]

In this world nothing is perfect and so Bitcoin. But still it is a king and can rule all crypto. It is a future and many people use it for greater good. I made of my little life because of crypto. And those people who can understand will rule and that's good and in near future Bitcoin might cross 1 million dollars.

[fullhdpixel]

There are not too many countries in the world that ban bitcoin anymore, most of them are starting to have a more positive view of bitcoin. So I think we should stop paying attention to what governments that are still hostile to bitcoin say about it. Sooner or later those countries will have to change their views on bitcoin if they don't want to fall behind the world. I'm still living in a country where bitcoin is still illegal but I'm optimistic about its future in my country. No country can stop the development of bitcoin unless they want to completely separate themselves from the rest of the world.

Those in control and power barely care about the rest of the world, all they care about is themselves and how much control and power they have that they can't afford to lose and they find Bitcoin to be a threat to that. They know that if Bitcoin is adopted by everyone within the country, their currency won't have the same value for everyone and people will also start using Bitcoin more than traditional payment methods or payment storages such as banks.

So, I do hope that countries that are against Bitcoin change their views regarding it and start supporting it in the future because that will be better for them and their country, but I doubt some of them will ever do that unless the people in control change and new government officials are appointed who are more open to such things and opportunities.

[Dunamisx]

Nothing about this life is perfect, everything is under being managed and we try to adapt to how they are, we work on what we want in other to bring their perfection out, if we can have something like bitcoin to serve us in our financial daily lives, we have nothing than to embrace the rare opportunity it offers because that's what we have and none is available than bitcoin, any other choice are counterfeit, we are making the best and desired expectations with it.

[bayu7adi]

In this world nothing is perfect and so Bitcoin. But still it is a king and can rule all crypto. It is a future and many people use it for greater good. I made of my little life because of crypto. And those people who can understand will rule and that's good and in near future Bitcoin might cross 1 million dollars.

Please don't speculate too much , there's nothing wrong with being optimistic about the development of Bitcoin, but we also have to be realistic about current conditions. We have heard many statements like this and even realistically the crypto market is still very small compared to the gold market. It is true that gold also has shortcomings, but these shortcomings have been accepted for a long time. And now Bitcoin has not been accepted globally even though it started from El Salvador.

Instead of thinking about 1 million USD for the price of 1 BTC, I'd better focus on some important decisions such as the Bitcoin ETF and the upcoming halving. And soon it will be the Christmas season, I think I saw something surprising when Christmas arrives.

And instead of focusing on Bitcoin's shortcomings, wouldn't it be better to just empower Bitcoin's advantages so that the wider community can learn about Bitcoin without having to think negatively first.

[gunhell16]

Wise words!
Nothing in life is perfect. Perfection is beyond humanity, Soo no one should expect it from human inventions.

But we can still have chances in life to get to the right track, every chance in our life is yet another opportunity in which we can achieve something and mostly people did but some of them just lost the track and thus they fail, even though they are not failed but they think they are going down. Although achieving success requires struggle which needs time to understand.

Every form of investment is risky, so it is not just peculiar to Bitcoin. There are so many persons who have lost huge sum of money in forex, stocks and other forms of commodity trading.
So, it is quite laughable that some people will be bad mouthing Bitcoin and claim that it is too volatile.

Even the entire crypto is risky in a sense I must confess because I have never seen a person in the crypto industry who is happy from even a single coin, every person has a problem with a coin which give him loss even. That is just the thinking of different traders, we should only think on our side and decide for ourselves how to manage even when we are in loss.

Apart from what you have mentioned, if you believe that the main source of profit here is in the trading activity that we can do in Cex and DEX, you should know and be aware of what can happen, and of course, the losses. That's normal; it's not possible that you don't experience losses; that's why you're called traders.

That's why it's essential in trading that you really have knowledge so that you have an idea where to go to make possible the direction you're doing trading activity here in crypto trading skills called.

[n00ber]

doesn't make it the "tool for terrorism" as the governments want people to believe.

Is this really a thing that governments are discussing these days? Because the other day I saw another topic around the same subject here and despite the FUD about illicit usage being old it makes me wonder whether they are starting it up again?

I highly think that this is the only argument that the government that can think of. With all the advantages and benefits that one can gain from just earning BTC, people may still find a way to focus on its negative aspect and make it like a non-negotiable thing with them.

I just find it really funny whenever I read posts arguing that BTC should be avoided because it is a "tool for terrorism" due to its anonymity factor. I mean, anything an be a tool for terrorism; even money or fiat can be used by these people for illegal and illicit activities.

For a long time, I have not seen the government calling bitcoin a terrorist tool in mainstream newspapers. But I still see some people here continuing to spread this, I see that it is we who are spreading these negative arguments, not the government. It's true that they once considered bitcoin a terrorist tool, but things have changed. If they still consider it linked to terrorism, why have more governments started accepting it? We should stop spreading these negative arguments because the world is gradually becoming more positive about bitcoin.

[ancafe]

Bitcoin is not perfect and so is every other innovation man has created.
Not perfect in the sense that it has pros and it also has cons.

Whatever is created by humans will certainly never be perfect, but we look for something better than many shortcomings. Bitcoin provides freedom and bitcoin can make someone more productive in generating profits if invested correctly. There are many advantages in Bitcoin and there are also disadvantages so that we can verify it ourselves because that is where caution is needed for users.

"Bitcoin transaction is irreversible". I would have loved it to be, but there are reasons why it's not. Also, a transaction that was made from one bank account to another is irreversible too. So it's not new.

Have you never used bank products because they can also return your funds? I remember several cases that have occurred where bank customers sent money to online purchasing services but because the goods never arrived, the victim reported it to the bank and the perpetrator's bank account was frozen. But in many cases banks don't want to do that for privacy reasons to protect the customer's identity, even though it is clearly a fraud.

[Velemir Sava]

"The bitcoin market is too volatile and unstable"
So are the forex market and stock exchange market.

What you need to do is check the transfer fees when you move your money and calculate whether they are still worth it because The integrity of the underlying Bitcoin network is not affected, but they still contribute to the decline of public trust in the currency whether in the forex market and other exchange markets.

[barisbilgili]

Nothing about this life is perfect, everything is under being managed and we try to adapt to how they are, we work on what we want in other to bring their perfection out, if we can have something like bitcoin to serve us in our financial daily lives, we have nothing than to embrace the rare opportunity it offers because that's what we have and none is available than bitcoin, any other choice are counterfeit, we are making the best and desired expectations with it.

It is true that nothing is perfect in this life and every thing that has advantages of course also has disadvantages in other respects, being able to have Bitcoin will certainly be very helpful in fulfilling our lives and also if we can invest or trade of course we will be able to earn The benefits of these two things, when we can feel the benefits of Bitcoin, it will be very difficult for us to believe in anything else because the benefits we get from Bitcoin are enough to help meet our needs.

[Crypt0Gore]

Fire can take a life and we use it for making food and other good things, water can take life too and we drink it for health benefits, guns are good for protection and hunting yet it's capable of taking lives, I think the problem is the user, and in generally everything good can be use for bad things, I can remember a woman using a glass cup to break and cut his husband neck in the neighborhood, we use that for drinking water and tea.

If Bitcoin doesn't exists today people will use Fiat to fund their illegal activities, and even till today, smart crime lords prefer Fiat than anything else because they can easily get away with it than using the block chain, lack of knowledge is why criminals will prefer to use Bitcoin for anything because it can be trace back to them.

Bitcoin is not perfect and we don't need it to be perfect, I can see many people complaint about it's transaction fee, well I am affected as well, I can't send my BTC to any exchange and I will have to wait till the amount I want to send is worth the transaction fee.

[SAHASAN]

I think Bitcoin will act as an economic force for the people of the world.
Bitcoin's separate satellite could make Bitcoin stronger.

[Victorik]

Wise words!
Nothing in life is perfect. Perfection is beyond humanity, Soo no one should expect it from human inventions.

But we can still have chances in life to get to the right track, every chance in our life is yet another opportunity in which we can achieve something and mostly people did but some of them just lost the track and thus they fail, even though they are not failed but they think they are going down. Although achieving success requires struggle which needs time to understand.

Every form of investment is risky, so it is not just peculiar to Bitcoin. There are so many persons who have lost huge sum of money in forex, stocks and other forms of commodity trading.
So, it is quite laughable that some people will be bad mouthing Bitcoin and claim that it is too volatile.

Even the entire crypto is risky in a sense I must confess because I have never seen a person in the crypto industry who is happy from even a single coin, every person has a problem with a coin which give him loss even. That is just the thinking of different traders, we should only think on our side and decide for ourselves how to manage even when we are in loss.

Apart from what you have mentioned, if you believe that the main source of profit here is in the trading activity that we can do in Cex and DEX, you should know and be aware of what can happen, and of course, the losses. That's normal; it's not possible that you don't experience losses; that's why you're called traders.

That's why it's essential in trading that you really have knowledge so that you have an idea where to go to make possible the direction you're doing trading activity here in crypto trading skills called.

Yea. Even in secular and conventional trading, traders often times lose money, also they make profits.
So also in crypto trading, some times you make gains sometimes it could be a lose.

But the bottom line is that your gains should out number your loses. If your gains are more in numbers and volume than your loses, then you will be alright, if not, then there's a serious problem.

[Victorik]

Wise words!
Nothing in life is perfect. Perfection is beyond humanity, Soo no one should expect it from human inventions.

But we can still have chances in life to get to the right track, every chance in our life is yet another opportunity in which we can achieve something and mostly people did but some of them just lost the track and thus they fail, even though they are not failed but they think they are going down. Although achieving success requires struggle which needs time to understand.

Every form of investment is risky, so it is not just peculiar to Bitcoin. There are so many persons who have lost huge sum of money in forex, stocks and other forms of commodity trading.
So, it is quite laughable that some people will be bad mouthing Bitcoin and claim that it is too volatile.

Even the entire crypto is risky in a sense I must confess because I have never seen a person in the crypto industry who is happy from even a single coin, every person has a problem with a coin which give him loss even. That is just the thinking of different traders, we should only think on our side and decide for ourselves how to manage even when we are in loss.

Understand that your gains in crypto is someone else's lose. So you don't expect everyone to be happy with a coin. While some bought very early, some bought at all time high, and you won't expect those who bought late to be happy when the coin starts to dip, because definitely they will be at a lost.

[Yey09]

Bitcoin is not perfect and we can make it better! 150sats for transfer, what a shame lol

[taufik123]

-snip-
Bitcoin is not perfect and we don't need it to be perfect, I can see many people complaint about it's transaction fee, well I am affected as well, I can't send my BTC to any exchange and I will have to wait till the amount I want to send is worth the transaction fee.

For those Bitcoin haters, it will be a reason not to use Bitcoin.
Even though Bitcoin does not always experience network congestion, it is only because of the effect of Ordinal BRC20 that the network has many transaction queues.
I was even stuck on the network for more than 20 hours.

But, seeing how Bitcoin performs, what coin can match Bitcoin?
It all depends on how Bitcoin moves and if they say their network fees (other than Bitcoin) are cheaper, then see how bitcoin impacts when Bitcoin starts to leave them or when Bitcoin crashes, of course, Altcoin will crash heavily.

Bitcoin will continue to grow and that's for sure.
To get cheaper fees, you can use the Lightning Network and that is the current solution.
But as long as the Main Bitcoin Network remains stable, the cost is still quite cheap and it is worth it with how Bitcoin develops and provides benefits.

[Blitzboy]

Fire can take a life and we use it for making food and other good things, water can take life too and we drink it for health benefits, guns are good for protection and hunting yet it's capable of taking lives, I think the problem is the user, and in generally everything good can be use for bad things, I can remember a woman using a glass cup to break and cut his husband neck in the neighborhood, we use that for drinking water and tea.

If Bitcoin doesn't exists today people will use Fiat to fund their illegal activities, and even till today, smart crime lords prefer Fiat than anything else because they can easily get away with it than using the block chain, lack of knowledge is why criminals will prefer to use Bitcoin for anything because it can be trace back to them.

Bitcoin is not perfect and we don't need it to be perfect, I can see many people complaint about it's transaction fee, well I am affected as well, I can't send my BTC to any exchange and I will have to wait till the amount I want to send is worth the transaction fee.

Bitcoin, like fire, water, or any other tool, shows what its owner wants it to do. Criminals opting for Bitcoin due to ignorance? Haha. They're making a digital confession without meaning to. The fact that Bitcoin can be tracked is both good and bad.

Also, lets not fool ourselves: Bitcoin has some problems. Why are transaction fees so high? A real pain, especially when moving small amounts of money. The interesting thing is that Bitcoin's flaws dont change its value, just like a diamond's flaws dont change its value.

What if we start to see Bitcoin's high fees as a filter that separates small transactions from big ones? Or even better, as a spark for new ideas in how transaction fees are handled? Its about changing and adjusting. Rather than just a currency, Bitcoin is a big change in how we think about and use money. Is it perfect? Its not needed. Making progress? Of course. Lets not just complain; Its not just about Bitcoin; its about how money will work in the future. But thats where the real fun is, my friend!

[fuguebtc]

-snip-
Bitcoin is not perfect and we don't need it to be perfect, I can see many people complaint about it's transaction fee, well I am affected as well, I can't send my BTC to any exchange and I will have to wait till the amount I want to send is worth the transaction fee.

For those Bitcoin haters, it will be a reason not to use Bitcoin.
Even though Bitcoin does not always experience network congestion, it is only because of the effect of Ordinal BRC20 that the network has many transaction queues.
I was even stuck on the network for more than 20 hours.

But, seeing how Bitcoin performs, what coin can match Bitcoin?
It all depends on how Bitcoin moves and if they say their network fees (other than Bitcoin) are cheaper, then see how bitcoin impacts when Bitcoin starts to leave them or when Bitcoin crashes, of course, Altcoin will crash heavily.

Bitcoin will continue to grow and that's for sure.
To get cheaper fees, you can use the Lightning Network and that is the current solution.
But as long as the Main Bitcoin Network remains stable, the cost is still quite cheap and it is worth it with how Bitcoin develops and provides benefits.

Not only are transaction fees high, if comparing transaction speeds, bitcoin seems slower than other altcoins and other disadvantages. But that doesn't mean bitcoin isn't worth using and investing in. Because nothing in this world is perfect, everything has pros and cons. Bitcoin is slow, transaction fees are high, but in return it gives us privacy and safety with its decentralized nature. Meanwhile, no altcoin can provide those things and more, what we need is decentralization.

To be honest, high transaction fees sometimes affect me but I can wait for better fees, but once my privacy is lost, I will never get it back. So even though bitcoin is not perfect, I would still choose bitcoin over altcoins.

[Alpha Marine]

Bitcoin is not perfect and we can make it better! 150sats for transfer, what a shame lol

Everything can always get better. There's always room for improvement in every innovation and Bitcoin will definitely grow. These are part of the reasons why I say it's not perfect. Besides, this is not a permanent issue, it will normalize with time.