Post
Topic
Board Bitcoin Discussion
Re: Does Bitcoin Has What It Takes To Replace Fiat?
by
Kprawn
on 22/04/2015, 06:04:40 UTC
Last year Bitcoin was labeled as the worst investment of 2014

And still huge VC companies are investing close to 1 Billion US $ into it .... What are we missing here?  Wink

Bitcoin has what it takes, but people invest in the wrong things. You cannot have 3rd parties constantly converting Bitcoin to fiat for every transaction made in Bitcoin. {That is not true adoption}

Keep Bitcoin in the cycle and keep away from converting back to fiat, and things will change quickly. Also harness it's other strong points {eg. Smart contracts} and it will prosper.  Wink