I have the same belief that starting now is still very early. Of course, it can not be compared to adopters who started as early as it was invented but reading through this thread shows that we are early and there is still a long way to go.


And this is the biggest issue because in one way or another we are going to convert to fiat even if assume that BTC is widely accepted. What Op describe as bitcoin mainstream looks unrealistic to me unless we are not ready to witness it anytime soon.

It's obvious these days that people use what they need. There are things we do everyday in our life and man cannot do without having doing them. In the Bitcoin feature transactions is one importance of using Bitcoin as an individual. Most person are very active in transacting using Bitcoin in their everyday life. If 98% of the world population sees the need for seamless transactions with Bitcoin then i believe that is what will cause about massive mainstream of Bitcoin.

Bitcoin is only 14 years old and we have seen much massive adoption within this years. We can't compare it to some traditional financial systems especially the US dollar that has existed for over 200 years and still counting. And i firmly agree with you in one point you mentioned, that if the politicians should fully accept Bitcoin and make it norms to the society with low taxes and allow the decentralization to continue then we would see a wider mainstream of adoption. The problem is will the politicians control their greed and ambitions for bitcoin to remain decentralized?

Time will tell but to me we are certainly early, we might not be too early like those who caught bitcoin at three or four digit figures but at a five digits figure we seems to ba at right in time, many would say I have high speculations but with the rise bitcoin has done in 15 years I see it moving higher even if not with Same volatility, a seven figure digit or more is what I predict for bitcoin



I don’t think both the high  price of bitcoin and it’s usage as payment method will hinder each other, rather what will hinder both will be lack of adoption. The bitcoin price can still grow to millions in price and still be used as payment method because it is not a must that you need one bitcoin or huge amounts of money to buy bitcoin. It has its units called the satoshi which can be as low as even some cents and this doesn’t hinder it been used as a payment option, the only strong factor that will stop that will be the lack of scalability.

Bitcoin is not scalable to hand large amount of transactions at the moment and that is the only worry we have about it if the scalability issues are solved it can even be billions and the fees will be minimal because it will be paid in satoshi. It is the congestion on the network that causes higher transaction fees not the price of bitcoin both are totally different from each other

When the price of bitcoin reaches millions of dollars, the price per satoshi will also be many times higher than it is now, so it would be incorrect to say that the high value of bitcoin will not be a barrier to bitcoin becoming a means of payment.

Since bitcoin lacks scalability and I don't think there is a solution to that problem, I never believed that bitcoin could become a means of payment. While Bitcoin has yet to find a solution to the scaling problem, many other altcoins have. If government intends to use cryptocurrency as a means of payment, bitcoin is almost certainly not their choice.

Also, how many people do you think will use high value assets as a means of payment? Are you using bitcoin as a means of payment or are you trying to hold it as long as possible and eventually take profit?

Bitcoin was originally created as a means of payment, but why after 15 years, is it still not used as a means of payment but is only considered an investment?

KYC is the only way Bitcoin can become mainstream. Even if many of us don't like it. Either BTC makes governments happy by complying with KYC/AML laws, or it doesn't. They will try to control the cryptocurrency for their own benefit. If governments can't get ahold of the core Blockchain network itself, they will get ahold of the circulating supply.

For mainstream adoption to grow towards new heights, the Internet must be accessible to anyone worldwide. Otherwise, don't expect the whole world to get "digitized" anytime soon. At least we know BTC is the future of money. We're still early to the game. I wonder what Bitcoin's price will be in the long run?