I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Obviously, bitcoin is a digital currency and it is really a good thing to know that it has the potential to increase its value and also can be used for transaction worldwide. However, bitcoin also suddenly dropped which made other investors to lose million of dollars. Now let's talk about real money where it is the money that we can touch and what we need/have in our daily life in order to buy things in the store. Between the two, I still prefer fiat because its value will never drop unless it was replaced.
I am not agree with you mate bitcoin does not give any kind of lose to the investors even if the price is decrease so if people will wait for the price of bitcoin to increase and not to sell at low price then there is no lose in bitcoin. The demand of bitcoin is much higher than fiat more people are getting to the bitcoin and digital currency because it is reliable and easy to use at any time w can carry it along with us, so I prefer to use bitcoin payment system instead of fiat money.