Quite easy. Bitcoin has won if a "significant" number of people (say, hundreds of millions) use it as a daily currency.
Meaning: . Salaries partly or fully paid in BTC . Taxes paid (or at least allowed to be paid) in BTC . Most expenses/shopping paid in BTC (food, transport, utilities)
As long as Bitcoin is seen mostly as an "investment", a trading asset, some sort of "digital gold" or, worst, a "get rich scheme", it means it's failing.
You'd have to clarify the goal of Bitcoin to answer that question. It has already succeeded at becoming a medium of exchange and store of value, which was not trivial.
Success at emerging as the true form of money will require displacing all the other currencies in transactions, savings, and accounting.
It already has
Quite easy. Bitcoin has won if a "significant" number of people (say, hundreds of millions) use it as a daily currency.
Meaning:
. Salaries partly or fully paid in BTC
. Taxes paid (or at least allowed to be paid) in BTC
. Most expenses/shopping paid in BTC (food, transport, utilities)
As long as Bitcoin is seen mostly as an "investment", a trading asset, some sort of "digital gold" or, worst, a "get rich scheme", it means it's failing.
Full send!
https://i.postimg.cc/zX2ZDQD1/vader-sovereign-adoption.jpg
Every day my savings aren't debased is success.
When savers are rewarded. And mal investment is punished. No more fucking Bailouts.
This isn’t an end goal…this is the standard that can’t fail
every time you converted btc into something you need or want thats when bitcoin succeeded apparantly it happens many times every day
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Bitcoin will suceed but you won't.
You'd have to clarify the goal of Bitcoin to answer that question. It has already succeeded at becoming a medium of exchange and store of value, which was not trivial.
Success at emerging as the true form of money will require displacing all the other currencies in transactions, savings, and accounting.
It has already happened
When we use it and other crypto in our economy and day to day lives!
When all Fiat currencies are destroyed!
I think it already won. It has been a wild ride, against all odds, but bitcoin is here to stay and is a civilizational advancement.
it already did. it exists and has functioned for over a decade, with no indication that it will be stopping
когда придёт время понять что все устали от инфляции но какой % критический... недавно писал про это...
when they started talking about cbdc is when I knew we had won.
We already have. There are others winning every day. And so will the rest, eventually.
Succeeds every day people are able to make payments the captured payment rails won't allow.
Depends on your definition of success, I suppose
Kind of the point of the question...
Good point :) I was half asleep when I responded lol
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