Post
Topic
Board Economics
Re: crypto is the future, make money of it
by
Sendibere
on 12/02/2018, 06:37:03 UTC
I think crypto will not become our money in the future. Because it likely can’t be used on a national scale because of how few transactions per minute bitcoin supports. Bitcoin’s framework can only make seven transactions per second. And it will have issues of privacy that also stop it from becoming the future of money. Unlike traditional currencies, which have a value that is set by the central banking system, the value of bitcoin is driven by speculation about its worth like a stock. So it doesn’t make the cut as a currency.