Can you stop calling Bitcoin an investment?
This damages the cryptocurrency. Bitcoin was not created to become an investment. Before Bitcoin, there were some digital currencies years back, the goal was always to be able to create a (digital) currency free from central banks and governments.
Cypherpunks and other anarcho-capitalists are at the origin of this idea, perhaps 20 or 30 years ago. None were intended to make an investment to be rich quickly.
You won't find in the white paper "investing" mentioned, you won't find any post from Satoshi mentioning it
Considering Bitcoin as an investment, this is the reason why we have more and more regulations, G20 summits and others craps, KYC, etc...
The word "Crypto-assets" didn't exist before, why did they create it? Because you even consider it an investment, then why shouldn't they?
Bitcoin could be a lot more accepted and used by now. Why should a merchant agree to be paid in Bitcoin? He wants money, not a piece of your investment.
You're not even investing, you are just gambling with money.
Go to the altcoins board, you will surely find plenty of ICOs where you can say you invested in. I have something for you, ICOs used to raise money are no different than "Crowdfunding". If you want to invest then there are a lot of Crowdfunding websites where you can invest in real startups with fewer risks, (you won't find any project using photos from Pixabay...)
Why don't we see cryptographers anymore? Guess the reasons
Oh how i feel your sentiments LeGaulois!
It is indeed heartbreaking to see the cause lost. A lot has been misdirected and misled to believe that bitcoin was primarily created for investment.
The historical truth as you narrated them is an absolute fact which i would really love to know too how has been satoshi reacting to now that people have found another way to utilize bitcoin.
There's a lot of anger that i sense on your post (if not frustrations). But come to think of it, though the majority of people use and deem bitcoin as an investment, there are still people out there (including myself) who freely use bitcoin to make payments and make online purchases too. With no conversion to fiat money at all, i pay bills online using my bitcoin wallet and even send funds using the same.
Though the bitcoin road has been tainted and vandalized from what it was originally designed for, the cause is not totally lost. There are still average crypto enthusiast out there who understood that bitcoin was meant to be spent and not invested on.
May the force be with us!
