Post
Topic
Board Bitcoin Discussion
Re: Real life usage of bitcoin
by
bungsoh
on 11/07/2018, 21:33:13 UTC
The real life usage of Bitcoin is to serve as a medium of exchange of goods and services online, thus enhancing payment with high transaction speed, low cost per transaction and owner control over transaction without any third party involvement. Although Bitcoin is used by most people as an investment avenue, it still serves the purpose of a currency.

Yes I agree. Bitcoin is not primarily invented for investment. Its real life usage is to act as a digital currency for payment system to be able to  provide crypto users  a safe, secured and convenient transactions online. But now a lot ang engaging in bitcoin for investment purposes.

Yes. There are several uses for Bitcoin, from investment to trade or value reserves. There are those who argue that if Bitcoin is not used as a direct payment method then Bitcoin will fail, but just observe all that has been triggered to see that it is more than just a payment system, there are values and philosophies behind the decentralization that it provides.