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RE: My concern with bitcoin and crypto in general- would really appreciate people's take on this
Catch 22, as if people don't use it then it will not grow to mass adoption!
I do see a huge use for it with people from non western countries just with remittance of funds.
I pay some of my writers from parts of the world where it would be expensive and slow to send them money and they are able to use it locally at better rates than Western Union. So there is a lot of use in that area.
Yes, exactly right, it's a catch-22. I worry that this growth, real or not, is doomed to eventually just grind to a halt and collapse. Sending money around the world quickly and cheaply is what attracted me to the space in the first place , but is bitcoin absolutely necessary to achieve this?
Nothing can grow as fast as Bitcoin has been forever.
I think it is real if it really disrupts other industry and adds efficiency. So people store value in Bitcoin over gold, western union & paypal users move to Bitcoin, and FB, Reddit & Twitter users move here (for Steem).
Lets see how it all goes :D I am all in https://bitcoin-millionaire.com/my-btc-wallet/