Post
Topic
Board Bitcoin Discussion
Re: Bitcoin failed as a currency
by
InvestICO2L
on 02/06/2018, 03:07:34 UTC
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

I think that btc would be hard to become a currency. It can be said that btc will be an intermediary in the payment or exchange medium in the transaction. It's like using a credit card, but instead of using bank money we use our own money.This means that instead of making a fixed transaction, you can use btc as a value converter and do it easily and quickly with a simple procedure.
Evidently bitcoin is not accept for in various parts of the world, but it seem a main currency for the internet. Even so many countries do not support it at all. We all know that most of us both in trouble using bitcoin as a currency. Usually people change bitcoin into cash to use, also these days some online webs or shop are accepted bitcoin to pay for goods or services, which helps bitcoin users get a good chance to use bitcoin easily. Generally, bitcoin is getting more vital around the world. Thus, I think that with its rapid development, in the future bitcoin is more likely to use as an extra income.