Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlexGR
on 21/07/2016, 09:45:51 UTC
Currency itself hasn't been created for storing value, but to transact value and by that help the dynamics of economy.

If the currency loses value it's acceptance is reduced for the purpose of transacting. That's why most national currencies can't be used for international trade and global commerce is conducted in hard currencies.

You can't compete with the paypal/$ combo if you are not superior in that regard.