Post
Topic
Board Economics
Re: Bitcoin is no longer a currency
by
PedroLinh
on 28/09/2017, 11:11:48 UTC
Although bitcoin is decentralized, uncensorable and distributed in nature, it is not anonymous. In fact, the decentralized and open ledger of bitcoin allows anyone within the network to transparently access transactions through blockchain explorer platforms.
It is important to acknowledge that bitcoin has significantly evolved since 2010, back when the cryptocurrency’s main use case was to finance ransomware distributors and online criminals. Bitcoin has become a safe haven asset and currency for large-scale institutional, retail and professional investors, as well as casual users across the globe.