Post
Topic
Board Economics
Re: Prices will some day fluctuate less?
by
wxa7115
on 24/05/2018, 23:11:55 UTC
Do you think that someday the prices for Bitcoin will fluctuate less and ppl will be able to use more as a currency, and not only as a form of investment?
Whether it fluctuates more or less, it will continue to be used as a form of payment method and nothing else. Whenever I see people call Bitcoin a currency, I wonder if they really have some senses at all😏cause Bitcoin wasn’t made for that. Even from the explanation that Satoshi himself made, Bitcoin is mainly for transaction of values from peer-to-peer, and there was never a time. It was said that is to replace our currencies. Only fools will say it is currency.
You are saying that bitcoin was created by satoshi to transfer values from one person to the other without a third party, and that is how currencies began, so bitcoin is a currency whether some people like it or not, it is a very special type of currency and it has many other characteristics that makes it superior to a traditional currency but it still fits the definition.