Post
Topic
Board Economics
Re: Is bitcoin now the strongest currency in the world?
by
Trivelius
on 16/10/2017, 13:36:43 UTC
After the events of last week.

I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small.  Does it matter?
No. I don’t think that bitcoin is the strongest currency in the world because firstly it’s value is not stable which means that its price fluctuate very much. Secondly it is not regulated by any government or bank, which results in decrease in stability of it. Thirdly still after so many years since bitcoin had started, it is not accepted at most of the places and is used only underground.  
I don’t think so if bitcoin will be the strongest currency in the world then people will not hate bitcoin a lot, they will love bitcoin if bitcoin become popular and strong then this can be possible. The other thing is the price of bitcoin which is not stable and people hate bitcoin due to its price changing after some moments which keep people worried.