Post
Topic
Board Economics
Re: Bitcoin as a Medium of Exchange
by
Nhebu
on 27/07/2019, 23:39:37 UTC
Many true Bitcoin enthusiasts actually prefer to use Bitcoin as a medium of exchange. They aren’t interested in investment or speculation or trying to sell at a profit.
Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, it’s possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone else’s digital wallet.
There are many things that bitcoin can be associated. Things such as investment, buying of goods and services and also for payment. A lot of things can be used in bitcoin. It is up to the people that will use it. I believe that bitcoin will become the medium of exchange soon. The hand of bitcoin is upon its community. And I can see that we are all supporting bitcoin in order to grow and be accepted in the world. As of now, crypto enthussiasts become rampant worldwide.