Post
Topic
Board Economics
Re: investment mode of btc is best or currency mode???
by
arseaboy
on 28/11/2017, 13:37:22 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,
During Bitcoin's early age the essence of being a new form of currency can be seen but as it has gained popularity in the community, Bitcoin's price skyrocketed until today that is why enthusiasts see something that Bitcoin has potential when it comes to investment purposes. Most crypto enthusiasts these days are into investing time and money to earn profits with cryptocurrency most especially in Bitcoin. Some people are holding Bitcoins for long term investment and some others trade Altcoins in exchange of Bitcoins. It doesn't matter on how we understand and deal with Bitcoin either an investment, a store of value or a currency.
I also noticed that crypto industries already created a mindset, that investors will gain if they know how to work with it, the essence of creating a new form of currency to make payment transactions  more easier is no longer the main point of holding bitcoin, who would thought that this will happen so fast and from
now on people are holding and keep placing their resources with this current investment.