Post
Topic
Board Economics
Re: Can Bitcoin End World Poverty?
by
trinitront
on 30/01/2018, 05:04:00 UTC
Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.

Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit  and keep it for the future.
Very pleased with this statement, and most importantly, everything is said exactly as it is and this could not be overlooked.