Post
Topic
Board Economics
Re: How can we get people to use bitcoin as a currency?
by
Zackgeno96
on 15/10/2018, 15:41:13 UTC
People will only consider using Bitcoin as a mainstream currency when it is completely accepted in the financial market. Currently, the coin is banned from so many countries which is not great for being a currency.
Also, the coin is currently too volatile to be a mainstream currency and hence is not a trustworthy exchange means. The coin has to be more stable for the people to do so.
Right now, the coin is a great investment asset to earn good profit returns but is not fit to be a currency.