Post
Topic
Board Economics
Re: Whats the ranking of bitcoin in terms of currency
by
jaocoincrypto18
on 22/03/2018, 01:40:52 UTC
Is it like #1 since it costs like ~$4000 for 1

Still in number 1 because the value of 1 bitcoin is not equal ratio to other currencies like 1btc to $4,000 so therefore we need to expend $4000 just to have 1 btc but this ratio is for investment use only in which it is very hard for Bitcoin to be use as currency for now as it was not generally use in the establishments.