I completely agree; it is really hard to predict what the future of cryptocurrencies will hold! Because of its volatility, it is difficult to predict its long-term trajectory, and different experts have different predictions for it. Supporters of bitcoin certainly are optimistic about its future, and they frequently cite previous dips as proof that it will keep rising.

Average citizens do not dwell much on cryptocurrency or most likely bitcoin knowing it’s still not completely accepted by the government, which means it’s under observation by the government itself. And regardless if the price of bitcoin will surge high or resort into an instant decline, that will not leave an impact to these average citizens because at the end of the day, all they think is that bitcoin is nothing but a big scam.

However, not all average citizens have that mindset. There are also few who are open to bitcoin success in the future. But since these citizens are still following what the government commands them, it’s still hard for them to submit theirselves into bitcoin.

This writing above doesn't sit well with me as this is imposing how exactly we should use Bitcoin..when in fact BTC is a multipurpose asset that isn't restricted to one use only!!!
As far as I know, BTC use depends on its user and not a one size fits all kind of use , think of it as gold 2.0. With gold, the contempt behind having it is usually for long-term investment purposes which is the traditional way of handling it but with the coming of Bitcoin aka digital gold, we surely can't go the same path...if you want to treat it as gold you are welcome go ahead and do so, and if you want to treat it as a daily currency as a medium of exchange then you are also welcome to do so without any restrictions!

Bitcoin is here to stay for sure, but an average citizen will be put off by price as they have the misconception that to own Bitcoin one needs to buy a whole bitcoin which is far from the truth. If we want more users to jump on board then more work needs to go into this to remove such barriers and to disseminate the right information to eliminate all kinds of FUD.
Otherwise in the the digital age we live in, you can not afford to miss out on this crypto revolution which comes with numerous advantages.

A friend of mine knows I'm in Bitcoin and she knows nothing about investing, has nothing invested, but she said she put one dollar into bitcoin at some point recently I guess and she recently saw it's at like $1.63 or something. We briefly talked about investing and I said they (her and her husband) should start investing their money. Her husband is a doctor and so makes a ton of money but with several kids and buying a nice house they are I guess just recently getting to the point where they are starting to have a excess cash that could be invested.

In talking about it she was confused when I said Bitcoin isn't a stock. She also said I should use my Bitcoin to buy a house as an investment and I said as an investment it would be an awful decision to buy a house instead of just keeping the bitcoin, she again was confused, thinking there is no way bitcoin will increase in value faster than a house.

She's very smart, but clearly knows absolutely nothing about investing.

I'd say such a conversation could be representative of the amount of knowledge the average person has about bitcoin. They think its a stock investment but somehow a new kind of stock I guess, but they also think something more traditional like a house is a stronger investment. Most people don't have a financial education. I know I had zero financial education until the past 10 years as I've gradually learned more and more thanks to being into Bitcoin. And thanks to the ton of negative misinformation out there about Bitcoin, when people do THINK they know stuff about it they are usually wrong: its a scam, its destroying the environment, its a ponzi, its fake money, its only for criminals, people only lose money on it, govt will ban it, etc.

For those that have invested in bitcoin earlier or have known most about it several years before now, they can tell more about the vast opportunity in bitcoin investment when invested for the long term. The new birds that are coming into the cryptocurrency space should be aware of that and view bitcoin as a long term investment that can make them rich when patience is applied to it. Bitcoin is very high in volatility and its recent surge and volatile nature it has been experiencing is a sign of how rewarding it can be to the short traders by trading it while undergoing this constant volatility this days.


From the time when bitcoin was invented to what it has come to be today, the number of people that don't believe in it it are now few compared to what it was several years ago. Those that still find it hard to believe are people not willing to take the little risk to make it big in bitcoin but are after some of their selfish interest that will stop bitcoin from being a legal tender to be used globally portraying it as a risk investment.

Bitcoin is essentially for the majority but not everyone would find it necessary, most people do not invest due to benefits of doubt on how the system operates, not being controlled by anyone with thought of if Bitcoin might just vanish and seize to exist unlike other physical currencies whose authencity is controlled by the government. Funny how they do not understand the sole reason of Bitcoin as a currency, what distinguishes it from others is the level of decentralization, free from the coarse and manipulation from the government.

As an ordinary citizen I consider Bitcoin to be essentially a significant means of investment. However, due to the amount of popularity that Bitcoin is gaining in the world and the amount of popularity that it will gain in the future, due to the limited supply of Bitcoin, one day the standard of wealth of people all over the world will be imagined only through Bitcoin. The more bitcoins a person has, the richer they are.

A basic awareness of Bitcoin exists, fueled by media portrayals.  Imagine headlines screaming about its volatility – "Highly Profitable!" one day and "Dangerous Investment!" the next.  This creates confusion and discourages deeper exploration.

The lack of knowledge and the unwillingness to venture outside their comfort zone are crucial points.  Imagine someone hesitant to invest due to a lack of understanding about cryptocurrency fundamentals, trading platforms, and security measures.  Learning about a new financial system can be intimidating.

The choice to stay uninvolved is a valid one, but it's important to consider the potential benefits and drawbacks.  Imagine missing out on a potentially lucrative investment opportunity while also avoiding the inherent risks associated with a volatile market.

I don't think so and I believe that you know already that the future of Bitcoin still uncertain. If that you say is true, you already assume that people are not investing in the stock market, bonds, real estate, etc but only for Bitcoin only? And also you mean that people are not using fiat money but only Bitcoin? And also you think that people showing the amount of their Bitcoin investment to the public? I'm sure they won't, so I disagree because they prefer to keep anonymous rather than showing their name in public. And I was certain that people, including average people will not just rely in crypto as their means of sources of income.