Bitcoin will not last forever
I predict Bitcoin will not be able to compete with fiat currency that has been widely circulated among all the people of the world, not a guaranteed value of the Bitcoin makes the price move is not fair. In my opinion, the increase in the value of Bitcoin significantly in recent times due to the act of the speculators that applies in a very irrational, it can happen even in economics assumed all humans are rational beings. This is because there is a psychological side of human in making decisions, in this condition will continue to act greedy speculators in
profit-taking but forget to pay attention to the fundamentals of Bitcoin itself, the attitude of the Chinese Government against Bitcoin should be
wake up call for the speculators to stop pursuing profits from this trade. Although the existence of Bitcoin will not last long, but this situation should the financial institution's need to realize that the increasingly dynamic society requires a more dynamic pattern of transactions anyway, and one way to produce a more dynamic transaction system is to use electronic money or e money
. Unlike the virtual currency , This commodity is money fiat currency is converted in the form of non-cash or less cash
addition will facilitate economic activity will also encourage greater economic growth as a result of the circulation of money faster....
theres no forever only fools believe on that,but bitcoin lasted for another3 years after you posted this.and u fortunately comes with a HUGE PRICE of more than $8,200 per bitcoin.now tell me are those speculations really need to be stops?while millions of people now make profit from bitcoin and other crypto coins?i think your statement must be edit to favor the crypto world specially bitcoin mate.