Post
Topic
Board Economics
Re: Is Bitcoin Worth To Be Currency?
by
Cloak1
on 02/10/2018, 23:38:10 UTC
I think at best, Bitcoin is currently a store of value and at worst a speculative asset. It is barely used as medium of exchange, as it is as of yet not widely accepted as a means of payment. Most transactions are of a speculative nature. Moreover, Bitcoin’s value is currently way too volatile to function as money, as it is not a reliable store of value.