Post
Topic
Board Economics
Re: Bitcoin worth to you or not...
by
freedomgo
on 21/11/2016, 05:20:58 UTC
We all have some amount of bitcoins in our wallets..
Do you really think bitcoin is a currency Worthing you more than a real currency...
I do because real currency price won't grow up or down as bitcoin...
So do you or not ??
And also have a discussion about its prices in future..!!
It is worth it for me. Unlike real money currencies, bitcoin is more flexible. That you can either do trading, investing, selling or mining.
Except for mining you can do all of that with fiat too, in my opinion the greatest strength of bitcoin comes from its decentralized nature, that has allowed bitcoin to survive and even thrive despite all the obstacles.
Yes the decentralization is really good for us,  unlike fiat that can monopolied by bank.  Bitcoin  was designed to be deflation  everytime,  it mean the value will always rise. Bitcoin  will survive as long as people use it.  The number of people who use bitcoin is increase every time. So I am really sure that Bitcoin price will keep rising forever.  So bitcoin is worth as an investment  for me.
sometimes decentralization is sucks , you know what ,
you have 100% responsible on anything happened to your money ,
for example when you lost your money because hacked or any other technical problem noone will help you ,
so it is sometimes worth more than just money but sometimes horrible.
Lol yeah that's the risk you have to accept when you're using bitcoin, decentralized actually very nice to hide your identity and if you want this freedom would be very useful, but all the responsibility is on you
That's why I like it because it protects our information and we can retain the confidentiality of our transaction.