Every decade the mentality changes

[Stablexcoin]

When Bitcoin came out the idea of every enthusiast was that it was meant to make fast payment, not so many wanted to own Bitcoin but after so many use cases people trusted the network for the swift payment of any amount one can make in minutes. We get to see stories of people using Bitcoin to purchase food items, house, clothes and the rest. It all make sense until another decade Bitcoin gained significant value and many was impressed. The idea began to change, it now became a store of value. Enthusiast believed that if they buy some certain amount of Bitcoin and hold it for a decade they will have a good profit.

Now in recent times big companies, organizations and countries are buying Bitcoin for financial reserve. In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

I am certain there will be a new purpose

[Z-tight]

In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

I don't think there will be any new use case, we already know what BTC's use cases are, and in the future we are looking at mass adoption of those use cases. I.e. there would probably be more businesses, individuals and merchants ready to accept BTC as payment for goods and services, and more people would choose BTC as their option of a hedge against fiat devaluation.

[aylabadia05]

Sometimes things that are considered uncertain can be a solution. Bitcoin is a real example. Bitcoin is underestimated but Bitcoin has become a new favorite in the world's financial system. There are almost no people who do not recognize the benefits of this network. Those who used to oppose Bitcoin, I can assure you the percentage of them has decreased over time.
It used to be considered only as a fast network but now the use of Bitcoin is not only for that but as an asset that can save those who have Bitcoin.

[pooya87]

every enthusiast was that it was meant to make fast payment,

First of all it depends on how you define "fast". Usually because of the altcoin advertisers/scammers people tend to think that confirmation time is the indication of being "fast" or slow. But irreversibility is. Many altcoins that are producing blocks every couple of seconds have no security and many of them are centralized and most importantly some have mutable blockchains like ethereum. Their confirmation has no value and their transactions can never be considered truly irreversible.
However bitcoin's one confirmation has a tremendous level of security even if bitcoin blocks take 10 minutes on average to be found.

Secondly I don't remember anybody ever introducing bitcoin as a payment system with "fast payments". They key characteristic has always been decentralization. And as I explained bitcoin's payments and settlements are both very fast.

The idea began to change, it now became a store of value.

That's not new though. Bitcoin is designed to be money and by definition money is a currency that is also store of value. The capped supply ensures that and it has been like this from day one.

In any case I don't think the "mentality" has changed. There have always been many categories of adopters like those who invest in it to become rich quick and those who adopt it to reach financial sovereignty. And the number of people in each category is rising with adoption, even though the investors are more vocal therefore are seen more.

[Gaaaalii]

I think that the reserve of value thing has been said by many BTC maximalists for a long time. the only thing that matter is keep getting more shats

[rodskee]

It all make sense until another decade Bitcoin gained significant value and many was impressed. The idea began to change, it now became a store of value. Enthusiast believed that if they buy some certain amount of Bitcoin and hold it for a decade they will have a good profit.

actually i wouldn’t say that it took a decade for people to quickly realize that there is more to bitcoin it’s just many didn’t think it would actually reach this high so they sold even when it just increased in a few amounts

Now in recent times big companies, organizations and countries are buying Bitcoin for financial reserve. In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

i think we have pretty much hit all the purposes it will just depend on how many people are dedicated to that one purpose for example many people are buying bitcoin for future profit some just for saving money and fighting inflation

[franky1]

the fast payment mindset was due to people trusting that zero-confirm payments relayed in mainnet would eventually settle, with a tx fee of under $0.10/tx
and yes by 2019(10yr) this changed due to core devs making zero confirms less trustable on mainnet, whilst 'offramping' that "trust of zero confirm" over to subnetworks, and then changing the mainnet fee structure/formulae to hype-up, advertise the subnetworks as the go to systems for the old mindset

so its not exactly just a user mindset change due to new users from different backgrounds that just occurred through magic, but instead a protocol change to the roadmap 'plan of utility', done by core that caused the users 'mindset of utility' to change

so if you want to know whats in store for the next decade, just ask the core devs what their plan is

[Botnake]

People’s mentality change when they are no longer benefiting bitcoin, but for now, I don’t think there will be a change of mentality, but more probably, they will continue to acquire more bitcoin especially if bitcoin price surges without limits.

Now, on bitcoin’s use cases, it will continue to serve as a mode of payment and a good store of value. The only difference is that, while global adoption for bitcoin increases, the scope of bitcoin usage also grows. Since content creators and influencers have been gaining high demand these days, instead of using fiat for their salary, bitcoin could possibly make its entry. It’s up for them if they will use it for investment or not. Another thing also is that it could also serve as cross-border payments and remittances where bitcoin creates lower cost for international transfers rather than using the traditional bank method.

[Odusko]

When Bitcoin came out the idea of every enthusiast was that it was meant to make fast payment, not so many wanted to own Bitcoin but after so many use cases people trusted the network for the swift payment of any amount one can make in minutes. We get to see stories of people using Bitcoin to purchase food items, house, clothes and the rest. It all make sense until another decade Bitcoin gained significant value and many was impressed. The idea began to change, it now became a store of value. Enthusiast believed that if they buy some certain amount of Bitcoin and hold it for a decade they will have a good profit.

Now in recent times big companies, organizations and countries are buying Bitcoin for financial reserve. In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

I am certain there will be a new purpose

In the future there will be more development on the Bitcoin project and adoptions and Bitcoin scalability at every stage of time, there is nothing new in terms of users for Bitcoin that we have not known, but there is a need for more development of that userscase to make Bitcoin mainstream adoptions and scalability enhanced Bitcoin ecosystem and low fees in the Bitcoin network and also several alternatives that aid network scalability that meet up with the demands of the time, between we have seen some nice developments already and we need to commend this present time and era in the Bitcoin ecosystem.

[iBaba]

Sometimes things that are considered uncertain can be a solution. Bitcoin is a real example. Bitcoin is underestimated but Bitcoin has become a new favorite in the world's financial system. There are almost no people who do not recognize the benefits of this network. Those who used to oppose Bitcoin, I can assure you the percentage of them has decreased over time.
It used to be considered only as a fast network but now the use of Bitcoin is not only for that but as an asset that can save those who have Bitcoin.

Bitcoin is a revolutionary digital asset to deal with right now. It's a coin that have come to remain in the market for a very long time looking at it's trajectory so far. What I'm pretty sure about is that a time will come that the bitcoin might not have its way like this any longer. For instance, a time will come where bitcoin must have gathered momentum in the market and become over saturated and alternative coins will have their way to thrive. Already bitcoin is gradually becoming unaffordable for a greater number of individuals and investors out there, especially the Micro-investment demography. As time goes on, it will reach its peak and will pave way for other coins to thrive in the market.

In the future there will be more development on the Bitcoin project and adoptions and Bitcoin scalability at every stage of time, there is nothing new in terms of users for Bitcoin that we have not known, but there is a need for more development of that userscase to make Bitcoin mainstream adoptions and scalability enhanced Bitcoin ecosystem and low fees in the Bitcoin network and also several alternatives that aid network scalability that meet up with the demands of the time, between we have seen some nice developments already and we need to commend this present time and era in the Bitcoin ecosystem.

But do we think there would be a low fees in the bitcoin network again? I don't think so. As much as bitcoin is already thriving, not everyone who have the capacity to invest in the coin again and many people will have no option than to go for other altcoins like Solana and Ethereum who seems to have a good growth market effect in the long run. All I'm rest assured about right now is the fact that Bitcoin have come to stay and it will grow to the level that it will become the most valuable asset (both physically or digitally) in the world in future.

[Bitcoin Smith]

Well, it makes sense right?

When bitcoin was launched no one knows what is blockchain and probably no idea about the decentralized monetary system because we are using the printed money by government as means of exchange so if suddenly someone came and said it's the future and buy it, the people is obviously gonna ignore it but one who realized the potential mined them and HODLing forever. Now that the value of Bitcoin is around 100K and spot light fell on Bitcoin whenever the bull trend happens we see new people coming into the market and that's how everything grows.

[slapper]

Observe the public response every time Bitcoin crosses a new pricing mark. There’s excitement mixed with “What if I missed out?” anxiety. BlackRock, Tesla, Square are either formulating plans around it or buying in. Every purchase sends a message: distributed technology can be the source of future value. People want a piece of the new digital frontier and to be part of something greater, so they experience emotional tug

In ten years, the focus could be on world stability as Bitcoin serves as a financial shock absorber when central banks implement additional quantitative easing or push negative rates. The dilemma is: do we lean into this new era, or do we resist change until the old systems crumble? That friction shapes human growth particularly when we understand that open networks and self-custody help to create trust

Another thing is that user acceptance usually depends on empathy and understanding. Should the next generation inherit Bitcoin, perceptions will change once it solves actual issues like fast transfers or inflation protection of investments. The major revelation is that Bitcoin symbolizes freedom, choice, and a possible reset for people, people weary of top-down economics, not only money

[CryptoHeadlineNews]

When Bitcoin came out the idea of every enthusiast was that it was meant to make fast payment, not so many wanted to own Bitcoin but after so many use cases people trusted the network for the swift payment of any amount one can make in minutes. We get to see stories of people using Bitcoin to purchase food items, house, clothes and the rest. It all make sense until another decade Bitcoin gained significant value and many was impressed. The idea began to change, it now became a store of value. Enthusiast believed that if they buy some certain amount of Bitcoin and hold it for a decade they will have a good profit.

Now in recent times big companies, organizations and countries are buying Bitcoin for financial reserve. In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

I am certain there will be a new purpose

The future of Bitcoin is undoubtedly profitable, and as such, just as time goes flies, so are we likely to see a massive increase in it's number of investors, because just as some countries and organization have opted into buying and investing in Bitcoin for long term, in next few decades, what we are likely to see are many countries opting into legalizing it as legal tender just as El Salvador and Central African Republic did. And likewise be a major asset for national reserve of a country when it's value skyrocket in next few decades.

[Aanuoluwatofunmi]

When Bitcoin came out the idea of every enthusiast was that it was meant to make fast payment

The idea was first to have an alternative decentralized digital currency, which we could personally have control over its uses, experience a cheaper transaction fee along cross-boarder payments using a fast and secured p2p network, but the point here is that many never knew it could thrive to survive up to where it is today, so they never took it serious as at then, only few did and take the risk and are now enjoying the benefit.

In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

Even if an idea is the perfect and accurate solution needed, not all the people will warmly accept the idea in the first place, only the few who could think out the box, create a different mentality as well as having the tenacity to afford taking risk in it could go for it, so for now, lets see what this new year and era of adoption will bring to the bitcoin network, if we could have more countries accepting bitcoin as a legal tender, things could change massively and the influence will reflect all over the world and the economy, people by then will not be persuaded to invest, just as no one have to encourage you to start a business venture, you motivate yourself because of what you have seen in doing it.

[Fiatless]

I am certain there will be a new purpose

Since it might soon become a reserve currency, Bitcoin might end up becoming popular in international trade. Nations might end up using is as guarantee or collateral for loans and other credit facilitates.

I don't think there will be any new use case, we already know what BTC's use cases are, and in the future we are looking at mass adoption of those use cases. I.e. there would probably be more businesses, individuals and merchants ready to accept BTC as payment for goods and services, and more people would choose BTC as their option of a hedge against fiat devaluation.

With the high rate of government and institutional investors involvement in Bitcoin, I think there might be a reduction in the use of Bitcoin as a currency among individuals. There will be an increase in people using Bitcoin as an investment just like gold and other precious stones.

[Patikno]

When Bitcoin came out the idea of every enthusiast was that it was meant to make fast payment, not so many wanted to own Bitcoin but after so many use cases people trusted the network for the swift payment of any amount one can make in minutes. We get to see stories of people using Bitcoin to purchase food items, house, clothes and the rest. It all make sense until another decade Bitcoin gained significant value and many was impressed. The idea began to change, it now became a store of value. Enthusiast believed that if they buy some certain amount of Bitcoin and hold it for a decade they will have a good profit.

Now in recent times big companies, organizations and countries are buying Bitcoin for financial reserve. In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

I am certain there will be a new purpose

I don't think there is any change in the idea of ​​using Bitcoin, maybe now it seems that most people consider Bitcoin as a store of value, but the use of Bitcoin as a fast payment tool is still the use of Bitcoin itself, because I see that there are still many people who use it as a means of payment. So, I see that Bitcoin is currently considered by many people as gold and can be converted into a means of payment, the only difference is that Bitcoin is Borderless and very easy to use as a means of payment.

[nakamura12]

Even before the bitcoin became as it is right now the use of bitcoin haven't change because it is still use by many people as payment or whatever it is that people use it for. What bitcoin need is mass adoption which haven't happen yet since other countries are banned the use of bitcoin and also mining. The idea is that people can use a currency where no one is behind or there's no third party behind the scene which is why bitcoin is created for.

[Nwada001]

Now in recent times big companies, organizations and countries are buying Bitcoin for financial reserve. In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

Big companies and governments are buying bitcoin for the same purpose for which most of us hold bitcoin, which is for the profit, which you refer to as the fast money. Bitcoin doesn't give you fast money; rather, it's an asset that gives an opportunity to earn profit in the long run, which is part of the reason why companies and governments are targeting it: they want to get the benefit that others are also enjoying.

[Stepstowealth]

Now in recent times big companies, organizations and countries are buying Bitcoin for financial reserve. In the next decades to come what do you think will be the mentality of those who are buying Bitcoin and those who wants to buy Bitcoin?

I do not think that Bitcoin has functioned as a currency to the fullest because although we may have heard of people who have used it in completing transactions, the stories about these sort of individuals are not very rampant. There are still many cryptoholders who are yet to use their Bitcoin for transactional purpose and for that I think the next shift in mentality will be for investors to start using their Bitcoins in the purchase of everyday commodities.

[Odusko]

But do we think there would be a low fees in the bitcoin network again? I don't think so. As much as bitcoin is already thriving, not everyone who have the capacity to invest in the coin again and many people will have no option than to go for other altcoins like Solana and Ethereum who seems to have a good growth market effect in the long run. All I'm rest assured about right now is the fact that Bitcoin have come to stay and it will grow to the level that it will become the most valuable asset (both physically or digitally) in the world in future.

Very important question that only time can answer, The Bitcoin fees crisis has been around for a while now, and till this very moment there have not been any notable improvements or advancements in development that aimed at eradicating Bitcoin network congestion and the high fees crisis, so for that reason, we can hope for positive development in the future, no one can tell what will happen in the future, and besides, we are beginning to see positive development and progress in the blockchain congestion that fuels constant increase in Bitcoin transactions fees.