Post
Topic
Board Economics
Re: Bitcoin as a Medium of Exchange
by
Altero
on 08/01/2018, 23:30:45 UTC
Many true Bitcoin enthusiasts actually prefer to use Bitcoin as a medium of exchange. They aren’t interested in investment or speculation or trying to sell at a profit.
Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, it’s possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone else’s digital wallet.
That's because bitcoin is easy to used and it won't need much time doing transaction. And more people are using this form of currency for them to hide their real identity in the public and even they are holding millions of bitcoin still nobody will knew it.