Post
Topic
Board Bitcoin Discussion
Re: Bitcoin failed as a currency
by
Ng93
on 30/07/2018, 11:54:15 UTC
I think no because bitcoin is used for online transaction and the price of bitcoin is not stable, but if bitcoin become stable maybe it might be possible that bitcoin will become currency, but for now, there's no chance that bitcoin will be used as currency.

The other reason every country have their own currency so where do you think the country of bitcoin?

Bitcoin is decentralized and we couldn't just credit it to China or other countries as their currency.

I also believe that bitcoin is most likely an asset. Digital asset of the 21st century. It can be compared with a resource, such as gold, silver. Bitcoin is a little only 21 million, of which 15 million are in circulation today, and 2 million are lost. In addition, bitcoin has a low speed of processing transfers, and therefore the fee for the transfer is expensive, as the currency is not suitable