Post
Topic
Board Economics
Re: Would you still use bitcoins if the price would be stable?
by
dubidooh
on 17/04/2018, 14:18:36 UTC
I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).

So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?

I am pretty sure most of the people over here are in just for the quick profits they can make, not for the features provided by bitcoin. That is why you will keep on seeing people nagging about the price when it starts to drop. Little do they know that, if they start using it for buy regular stuffs, the price itself will start to go up since more people will start adopting bitcoin.

Indeed, what you said is true! In this world where money is very much needed (to buy the things we need, to survive for our living or for whatever reasons we have), the very first reason why most of the people here are into Bitcoin is the good profit we can generate from it. Just an example are those unemployed and those who actually have a job but chose to have Bitcoin as their side income because they are seeing Bitcoin as a very profitable investment.