Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin already won ?
by
SirLancelot
on 01/09/2019, 17:31:54 UTC
https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?
I think that the main objective is the currency side of it and we cannot limit it to gold alone, which means we will be limiting it to being store of value while it can also serve as both gold and currency. What is the problem with our financial system is not investment right now, and we have more things to deal with.

The problem is the general financial system that has rotten and the limitation to some transactions within the traditional banking system using fiat, and this was known to be the main reason n was created to have that has primary function while store of value which we refer to as that gold 2.0 is just the secondary function of it which I usually term the reward focusing bitcoin system. It is a good thing that bitcoin is gradually gaining the store of value title, but what of the currency aspect?