Post
Topic
Board Economics
Re: First biological theory of money supports Bitcoin
by
Upgrade00
on 29/08/2019, 08:04:56 UTC
Bitcoin is something that gives you possibility to store money in virtual world like you store it in real life.

But it is not efficient as a store of value and would take a long time before people massively adopt it as such. Majority do not want to be responsible for their assets, they want to have a place they can go to, should something go wrong. And others believe you have to be 'techy' to get into bitcoins.

As a payment tool, it is a lot more efficient. Quick transfers which are anonymous and immutable. But it is still held back by adoption as only few real life stores accept bitcoins as a payment option.