Post
Topic
Board Economics
Re: Bitcoin Is Not Really A Good Money
by
matchi2011
on 29/08/2017, 08:04:28 UTC
Bitcoin has the value of it's own which is derived by itself. The value is obtained on the market forces and non other has external body and even the Govt. of any country also can't interfere to it's transaction. It's a real money but the virtual but great value as of now.
Virtual asset but the value of Bitcoin is real, this is the definion of Bitcoin today.
So, we should have some backup way for keep safe our money when use Bitcoin, because virtual value really easy get hacked and loss.
Just having the virtual presence serve as an advantage at some point and in other way it provides with the increased risk that one could have never thought. Till now growth is big, based on which the adoption and demand for it increasing which now due to the usage as currency makes it one among the best money as it has got more advantages than disadvantages.

I agree with you there but fact still is that it doesn't any form that people can hold and can physically exchange for products. I undrstand it can somehow happen and demand can grow furthermore but currently, the current currency which is fiat is the main thay will always be used in the market.