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Nakamoto's idea Vs The Real World: How Bitcoin Is More Mainstream Than You Think

Written by @no-profile | Published on 2021/5/8

TL;DR
Bitcoin can be adopted fully by the mainstream but I doubt if it will ever fit in. A lot will have to be changed for it to fit. Bitcoin is way too decentralized and this makes it a problem for mainstream finance. A coin that controls itself, rules itself, and determines its own fate doesn't sit well with any government. Mainstream finance will always see bitcoin as a threat rather than a component. Bitcoin has value because it upholds very well when it comes to the 6 qualities of a currency: scarcity, divisibility, utility, transportability, and counterfeit ability.

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Written by
@no-profile
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Topics and
tags
btc|satoshi-nakamoto|finance|cryptocurrency|bitcoin-spotlight|bitcoin|bitcoin-adoption|bitcoin-maximalism
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: JuEe0s-fjbAmUwSvWeGj15vtt0oMrFT4Tw5qGtK2a8g