Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is NOT a currency debate!
by
hunnaryb
on 16/07/2015, 18:49:51 UTC
From all of the anti-bitcoin arguments against it not being a proper currency that i've heard (and trust me i've read TONS) im yet to see a single one that justifies such claim. Every single claims end up being a critique of how it lacks intrinsic value or how it lacks a proper marketcap to be less volatile, both already refuted.

Ok. Let me ask why do we want it to be a currency? Maybe you are looking for credibility? But if all the arguments or critique have already been refuted in your opinion why is bitcoin still only used for gambling and speculative trading and not as a currency? What's stopping it if it's such a panacea?

that is true and if we can use it as a mode of payment for purchase then it is a currency and no doubt it is mainly used for gambling but that is least concerned. The only thing important for us is that we can buy basic stuffs and we can convert it into local currency.