Post
Topic
Board Economics
Re: Bitcoin is no longer a currency
by
cryp24x
on 09/05/2017, 20:48:07 UTC
Well, the more others says that bitcoin is no longer a currency it became more a legal currency online and also became popular too. Look a the price value of bitcoin at the present time now it is almost 1700$ each bitcoin. The demand was getting higher more and more and many businesses too are also adopting the concept of bitcoin.

Bitcoin is more than a currency, bitcoin has risen to an asset for one's investment, because many people get big profits from current price spike. Demand for bitcoin is increasing, giving extra benefits to bitcoin owners who hold it.

Well, if bitcoin is not considered a currency, then it is considered a good asset for the future which is constantly growing rapidly.
i think everyone consider here that bitcoin is unique and wonderful currency and we know that bitcoin already change the life of maximum people and bitcoin is the way of income and many jobless people are earning income from bitcoin.

I agree Bitcoin is a unique currency, being the first mover of decentralized blockchain, having a huge community, several store to accept it and even a country that recognize Bitcoin.  Probably OP is thinking about Bitcoin being store of value, and  i also agree with that but it is not the main function of Bitcoin, it is just  a bonus that is packaged to Bitcoin.