Quote from: annango on May 18, 2019, 07:45:04 PM

Quote from: neonshium on May 18, 2019, 12:37:12 PM

Quote from: a7goo on May 13, 2019, 06:20:17 PM

Because could bitcoin represents a value reserve or acts as a "digital gold", really could it change the world in a deterministic sense?

With the current state of bitcoin, it is possible for bitcoin to operate two identities, the first is as a store of value making it a digital gold that the value keeps appreciating over time, and with the help of segwit being implemented into the crypto space, it is even now possible to use bitcoin as a means of payment for transactions carried out even to the least, like purchasing of coffee, this can be done via the use of lightning network.

It largely depends on each people's thought that whether or not bitcoin is a value reserve. In reality, compared to fiat currency and gold, it shows much dominant role. Our world is going to approach cashless society, bitcoin is a good kind of crypto currency that can easily connect to the world of using advanced technology for payment. Although the number of country recognizes bitcoin officially is really few, still bitcoin is getting more developed and do its great role in the whole perpect of modern life acquire. I think bitcoin should be considered a value reserve.

I think that paper money will still be valuable to use today, rather than crypto money because there are not many countries that recognize bitcoin. but I agree that bitcoin must be considered a value reserve