Post
Topic
Board Bitcoin Discussion
Re: Bitcoin failed as a currency
by
DrGuns4Hands
on 22/08/2018, 06:16:56 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 ?


Bitcoin was used by people as a means of ease in earning income and for better used - the technological innovation that might change the whole world. Thus, the challenge is much bigger than the present. The past defines the future and the great challenge lies on the future. Bitcoin is the technology that do not possess the tangibility and every investors - made investment because they can see it, they can make through it. The point of bitcoin is its decentralization and intangibilty and the trust of people in it as an investment. If in the future, this thought would be its weakness then it would turn out to be unsuccessful and in would greatly create negative situation not on the market of bitcoin but by the bitcoin and crypto itself...