Post
Topic
Board Economics
Re: investment mode of btc is best or currency mode???
by
jagdeepjd
on 24/11/2017, 09:09:06 UTC
A trend has been started that bitcoin is now used only for raising income by buying and selling it but we are ignoring its most important fact that it was created to be used as currency and if it can be used as the currency it would really help community to enjoy its eases and regions who are accepting btc must have to start it as currency this will automatically boost user no's as well a prices,

Bitcoin was certainly made to be used a currency and maybe in future, it would be used as a currency. but at the moment it is mostly used for raising income or investing tool.
for bitcoin to be used as a currency we have to go a long way and solve the scalability issues which bitcoin has currently and global adoption is of course required. In the coming years when we solve this issues by bringing lightning network etc we might see bitcoin being accepted as a regular payment means.