since bitcoin first appeared, the financial world has not been the same... governments have started to interfere in cryptocurrency affairs... some even say this is just a momentary trend like a bubble...
This was on the very first hit of Bitcoin price surging to $20k which first brought the fear of Bitcoin to financial institutions round the world. Financial institutions called Bitcoin a meer bubble due to the volatile increase in price. I guess, the $100k price that Bitcoin broke has become a shocker to them all.
I started to think, will this crypto actually just be a trend that will fade, or is it still possible to become a revolutionary currency that shifts the existence of FIAT?
I don't think Bitcoin will replace the use of fiat currency, it will have it's effect for international and national transactions, but for our normal daily purchasing of groceries, the native fiat will have it's part to play. Though, it could be that majority of people will be making demands for crypto currency for their daily transactions, when it comes to online sales.
seeing the unbalanced growth of crypto between those caused by innovation and others caused by speculation...
have you prepared yourself to welcome these two scenarios?
In actuality, Bitcoin is on a revolutionary trend, to readjust the financial institutions and reshape Fiat money. For me, adapting to every change is a major to survive anywhere. Changes that will come through crypto currency will only be accepted. Speculations is a valuable asset in crypto currency, that's the fun in it, while the innovation is change it will bring to the real world. They will both be accepted and adopted.