Post
Topic
Board Bitcoin Discussion
Re: How do you see bitcoins yourself?
by
Vatimins
on 18/02/2018, 20:09:23 UTC
As much as I like the concept of digital money, I have to agree with the people above me and currently regard BTC predominantely as a way to speculate and make profit. Yes, that's a crappy stance in the world of cryptocurrencies and it really doesn't help to make the cryptomarket more stable and thus more attractive to investors. I'm guilty as heck. But the utility of cryptocurrencies is still next to zero and I've gotta pay my bills / products / vacations in fiat money so I act accordingly. I must add that crypto has taught me a LOT about the dynamics of financial markets and can now sort of recognize some 'red flags' on the market.

However, I do hope we'll eventually see a transition from the current old financial infrastructure to a crypto-dominated one.


     Well, I gotta agree on you with that. Since like you too and all the other crypto lovers out there, I also have bills to pay. And obviously having an extra money for them all and more will really reduce the jobs I need to get into and replace them with jobs here on the forum and trading. Imagine a life where you do not have to think about what job or other sidelines you will have to get in on just to make ends meet, that would absolutely be pretty awesome if you ask me. So really, no matter how much we want to use cryptos as how satoshi has envisioned it to be, it is still pretty impossible to attain considering all the problems that cryptos have nowadays. Which is why in the meantime, we might as well enjoy the benefits and grab as much opportunity as we can to earn.