Quote from: Dondont on July 02, 2019, 02:12:04 AM

Quote from: ideas500k.com on June 13, 2019, 04:50:20 PM

Is limited supply money such as Bitcoin better over the current forms of money?

For they can be printed out more (EURO, USD etc currency) and gold can be found all over the universe.

It could be but in this case, the supply and demand for Bitcoin is actually not that simple. Do you see how volatile the price is?

The longer there is more circulating supply. so that demand also decreases

Volatility make bitcoin on risk compare to other fiat money but a limited supply can make a currency more expensive. Bitcoin is a good additional currency for all of us and every currency have their own advantages and I don't fully see bitcoin as a better for now but hopefully it will continue to grow and be the top options for online payments worldwide even the wire transfer using its technology. Banks are on risk for transacting online for sure.