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

Written by no profile | Published 2021/05/08
Tech Story Tags: btc | satoshi-nakamoto | finance | cryptocurrency | bitcoin-spotlight | bitcoin | bitcoin-adoption | bitcoin-maximalism

TLDR 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.via the TL;DR App

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Published by HackerNoon on 2021/05/08