Post
Topic
Board Economics
Re: Value of bitcoin
by
frowsiter
on 24/11/2017, 23:33:01 UTC

Do you think using bitcoin is better than using actual money?



It is better in some way and it is not in some other ways. I mean the whole digital platform is best creation of the Satoshi sir but what we miss here is the essence of using the hard cash that is needed in emergency cases where there is no electricity, or may be no way of paying the online payment. At that time we may miss the use of bitcoin or any other crypto currency which are completely online. So there it is where it lack the confidence of using the real time money there is hard cash. So its not just about the comparison and pointing out the bad side of the bitcoin but it is completely positive way of looking at it and making the development like that. So may be there need little more updates so that bitcoin be considered as real value currency over the actual money.


In other ways it is greatest currency we have blessed with or may be an asset we could say really. There is security of our investment and plus with bitcoin our money grows over the time and thats added advantage of decentralised nature of the bitcoin. So yeah in many ways it is better than the actual money. :-)