If bitcoin ever goes mainstream

[iv4n]

If bitcoin become mainstream it will be like gold, other alt coins will be currencies. That is how I see it, digital era is coming. We are going in that direction will it be for 10, 20, 50, 100 years we can just guess. Remember 20 years ago who had internet, who had mobile phone, who had computer? Now people will not sit in restaurant if they don't have WiFi. Now kids have tablets and learn about programming with first steps.

I agree with OP about one thing, this will not bring equality. And that is a sad truth, but at least things will be a bit different. I believe anything is better then this system.

[dezoel]

Bitcoin is programmed to become increasingly scarce every four years, via block reward halving.

Just that alone renders it a viable option for those looking for an effective store of value. Forget the day/weekly/monthly volatility. Short term volatility means nothing if the thing that you're trading has 'PROGRAMMED' restriction of issuance. 

If Bitcoin would go mainstream then that means that it goes really good with Bitcoin and that most of the people now at least what Bitcoins is.
I am not sure if that is going to happen but you never know which way Bitcoin is going to go.

Majority of people will start using bitcoin in future but I don't think that bitcoin can ever go mainstream as there are many haters of bitcoin which will never let it happen.

Yeah and I think that Government will never it happen as they don't have control on it and if it happens people will not value any government too.

[takingthis4]

Bitcoin is programmed to become increasingly scarce every four years, via block reward halving.

Just that alone renders it a viable option for those looking for an effective store of value. Forget the day/weekly/monthly volatility. Short term volatility means nothing if the thing that you're trading has 'PROGRAMMED' restriction of issuance. 

If Bitcoin would go mainstream then that means that it goes really good with Bitcoin and that most of the people now at least what Bitcoins is.
I am not sure if that is going to happen but you never know which way Bitcoin is going to go.

Majority of people will start using bitcoin in future but I don't think that bitcoin can ever go mainstream as there are many haters of bitcoin which will never let it happen.

Yeah and I think that Government will never it happen as they don't have control on it and if it happens people will not value any government too.

well governments dont have any control over bitcoins though they can just release a law that would ban using bitcoins and people wouldnt start buying it at all

[RoommateAgreement]

Bitcoin is programmed to become increasingly scarce every four years, via block reward halving.

Just that alone renders it a viable option for those looking for an effective store of value. Forget the day/weekly/monthly volatility. Short term volatility means nothing if the thing that you're trading has 'PROGRAMMED' restriction of issuance. 

If Bitcoin would go mainstream then that means that it goes really good with Bitcoin and that most of the people now at least what Bitcoins is.
I am not sure if that is going to happen but you never know which way Bitcoin is going to go.

Majority of people will start using bitcoin in future but I don't think that bitcoin can ever go mainstream as there are many haters of bitcoin which will never let it happen.

Yeah and I think that Government will never it happen as they don't have control on it and if it happens people will not value any government too.

well governments dont have any control over bitcoins though they can just release a law that would ban using bitcoins and people wouldnt start buying it at all

i think baning bitcoin or releasing some law agains usage of bitcoin will only affect businesses and merchants not people, because they will continue using bitcoin since it is a global currency and it will continue having value and you can still use it to transfer money oversees.

[Trading]

Yes, bitcoin would survive.

But a general ban would make its price drop like a stone, ruining most bitcoiners.

Its a pain to invest on an asset that can drop 70% on three words of the chinese government.

Of course, the chinese government only fears to lose its power. As long as bitcoin isn't a menace to social peace, it won't bother.

But if bitcoin starts going up too much, the chinese government will start being nervous, because it will think on the consequences of the crash that always comes after a boom on the price.

[lovely sitha]

no i dont think so i think it will never go mainstream

[eddyubachs]

Bitcoin is programmed to become increasingly scarce every four years, via block reward halving.

Just that alone renders it a viable option for those looking for an effective store of value. Forget the day/weekly/monthly volatility. Short term volatility means nothing if the thing that you're trading has 'PROGRAMMED' restriction of issuance. 

If Bitcoin would go mainstream then that means that it goes really good with Bitcoin and that most of the people now at least what Bitcoins is.
I am not sure if that is going to happen but you never know which way Bitcoin is going to go.

Majority of people will start using bitcoin in future but I don't think that bitcoin can ever go mainstream as there are many haters of bitcoin which will never let it happen.

Yeah and I think that Government will never it happen as they don't have control on it and if it happens people will not value any government too.

well governments dont have any control over bitcoins though they can just release a law that would ban using bitcoins and people wouldnt start buying it at all

i think baning bitcoin or releasing some law agains usage of bitcoin will only affect businesses and merchants not people, because they will continue using bitcoin since it is a global currency and it will continue having value and you can still use it to transfer money oversees.

Bitcoin is an decentralized currency and even Government cannot have control on it so I think there is no chance that they can ban it in future.

[jak3]

bitcoin is strong and had a powerful network of many nodes .governments will try their best to crush bitcoin system some for their selfishness and some for their narrow mind but it will effect on us but if we seffer that then we will be at mainstream

[Senor.Bla]

Bitcoin is programmed to become increasingly scarce every four years, via block reward halving.

Just that alone renders it a viable option for those looking for an effective store of value. Forget the day/weekly/monthly volatility. Short term volatility means nothing if the thing that you're trading has 'PROGRAMMED' restriction of issuance. 

If Bitcoin would go mainstream then that means that it goes really good with Bitcoin and that most of the people now at least what Bitcoins is.
I am not sure if that is going to happen but you never know which way Bitcoin is going to go.

Majority of people will start using bitcoin in future but I don't think that bitcoin can ever go mainstream as there are many haters of bitcoin which will never let it happen.

Yeah and I think that Government will never it happen as they don't have control on it and if it happens people will not value any government too.

well governments dont have any control over bitcoins though they can just release a law that would ban using bitcoins and people wouldnt start buying it at all

i think baning bitcoin or releasing some law agains usage of bitcoin will only affect businesses and merchants not people, because they will continue using bitcoin since it is a global currency and it will continue having value and you can still use it to transfer money oversees.

Bitcoin is an decentralized currency and even Government cannot have control on it so I think there is no chance that they can ban it in future.

the government could declare the use of bitcoin illegal. once paying and getting payed in bitcoin is illegal volume will go down a lot. also some companies will go out of business. this would be a big blow to the bitcoin world. 

[Bitcoinsummoner]

bitcoin is strong and had a powerful network of many nodes .governments will try their best to crush bitcoin system some for their selfishness and some for their narrow mind but it will effect on us but if we seffer that then we will be at mainstream

I think they are not interested to crush bitcoin system.. instead they will accept bitcoin in their community for getting a more tax..
Governments are corrupt and they will make a way to get more money to us..

[Trading]

It seems that the halving is having the expected effect: high increases of bitcoin price.

This can indeed make bitcoin more popular, but not mainstream.

Only major crisis, with high inflation affecting even hard currencies, could make bitcoin mainstream.

Anyway, if price keeps going up and up, the Chinese government might start being nervous and adopt more repressive measures.

A few threatening words from them and bitcoin would crash like a stone, like it did in the past.

 

[TastyChillySauce00]

bitcoin is strong and had a powerful network of many nodes .governments will try their best to crush bitcoin system some for their selfishness and some for their narrow mind but it will effect on us but if we seffer that then we will be at mainstream

I think they are not interested to crush bitcoin system.. instead they will accept bitcoin in their community for getting a more tax..
Governments are corrupt and they will make a way to get more money to us..

If bitcoin were accepted by the governments I think the tax will remain the same or a little bit higher(If people becoming more consumptive due to the acceptance of bitcoin ) because basically when people are going to buy stuff with bitcoin the governments can't directly taxing it but through some sort of merchants or even taxing the company so it's the same when people are buying things with fiat or when bitcoin users exchanging their bitcoin to fiat, won't make any big difference

[Trading]

Colombia also banned bitcoin: https://www.cryptocoinsnews.com/colombia-declares-bitcoin-digital-currencies-illegal/