I’m going to preface by saying- I actually admittedly don’t understand a lot of the tech behind many of the currencies. But what do you see as the most likely case in 10-20 years of coins being used or Bitcoin itself? Just a store of wealth or more?

I’ve held crypto for a number of years (mostly BTC/ETH) but find myself often numb to continual articles about ups and down in the market daily – sort of feel it’s not healthy to watch that – I have stocks and don’t watch them every day or week either.

I find the arguments of fiat bad and it going to be replaced by crypto or it’s going to replace it a little cultish. My money in the bank (UK) is 99.9% unlikely to drop 20-50% in value in an hour or 24 hours or longer.

My money is pretty safe (not that there’s much of it) and backed by the government should the bank fail – again a very big if and very rare occurrence. I can send money with my banks for free within a few seconds: internationally it would incur an exchange fee but I don’t use that anyway and the fee is sort of minimal really depending on the amount.

The rise of ridiculous meme coins and scams is detrimental to seeing any adoption I feel and certainly off putting to people wanting to get involved – and you need security for that to become common.

I have funds on exchanges because it’s the most accessible and for me easiest way – and if say for 99% of people if you want a general person to great involved that’s the best way then a cold wallet which security wise makes sense but isn’t as user friendly as a exchange.

I see it as an investment and feel most other people and companies do too as do other people my age I know. I don’t know anyone in offline who sees it as a currency replacement say and I see some tiny places taking payment for a coffee with BTC online but I think that’s just a waste of it considering fees and such but hey ho.

Is it more the tech being behind adapted by banks that’s happening and due moreso than the coins themselves? I think it’s more likely we get a national digital currency then say the UK adopting BTC – they need to be in control of it for obvious reasons..

What do you think?

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