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/biz/ - Business & Finance

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52777543 No.52777543 [Reply] [Original]

Bitcoin will reach a utility crisis.

The realization that the talks of tokenomics and price action had all lead up to hundreds of billions of dollars. All for the sake of p2p paypal.

Even then, the primary use of bitcoin involves impoverished nations, blackhats and drug dealers. Other than that the only reason people "use" bitcoin is to sell it someone else and use it on exchanges.

Why will the average person look at bitcoin beyond something with a goofy squiggly line and & green candles?

>> No.52778024
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52778024

>>52777543
Ok, and?

>> No.52778053

>>52778024
that is when we will shift the focus from arbitrary price points to USD to actual usage, best case scenario.

worst case scenario, crypto falls off the mainstream and eventually becomes illegal. but no amount of legislation can stop the nodes. so I guess it will just be harder to convert to fiat and launder money. dunno

>> No.52778083

>>52777543
>Even then, the primary use of USD involves impoverished nations, blackhats and drug dealers. Other than that the only reason people "use" USD is to sell it someone else and use it on exchanges.
Glad you finally get it

>> No.52778086

>>52777543
> Bitcoin will reach a crisis of me not understanding it

>> No.52779331
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52779331

>>52778083
Lost
>>52778086
My sides