Bitcoin is a modern store of value that will far exceed any other major store of value. Gold and Silver is just impractical in today's digital society. I fully support the deflationary aspect to Bitcoin, it ensure that its value will grow over time.
The scarcity is a large factor of the value that it has.
yes that is right that bitcoin is the currency of the modern people specially the new generation who are showing more interest in bitcoin to use it for online shopping. they are now converting even their business to online and mostly giving preference to online shopping and other dealings, therefore we can say that bitcoin has a great and bright future.
Bitcoin is also considered currency but it is a digital currency. The money itself is not bad it is as valuable as gold, silver so! But many people do not believe in this currency because it is a virtual world. It's bad only when people use it to profit themselves.
What is the matter for that? What is the big deal if people use bitcoin to profit themselves because that is a true statement and that is the main reason why we are here in bitcoin or cryptocurrency world because we want to make profits for ourselves and we can only achieve that if we are going to take risks and trust the cryptocurrencies in the internet. Bitcoin is considered as a currency but it is more on being a profitable type of investment.
I have learnt something in my life so far. We can correct the incorrect but we cannot correct the hater. If someone does not like bitcoins, no matter what facts we gave him, he won't change his mind. People don't change their beliefs easily.
Bitcoin is the most profitable investment in today's world and it is a fact. Yes we all are here due to this characteristic and won't get influence by words against bitcoins.