Post
Topic
Board Economics
Re: Bitcoin as a leading currency?
by
kennen1113
on 03/09/2019, 13:48:30 UTC
For loyal fans of Bitcoin, they often say that this is one of the top currencies and always want it to be a common currency.
But for me, Bitcoin is still just a digital asset and it's deflationary.
I only invest in it when it's cheap and will hold it because it will definitely increase every year. confess it is a wonderful asset, not inferior to real estate. It is definitely a good asset to invest from now on. but it certainly won't become a common currency, because the supply is too small.
Obviously, bitcoin is just a valuable asset and it is similar to stocks, up or down depending on the needs and plans of the players, considering it as a leading currency is unreasonable because these are just rumors, rumors without clear information for the purpose of raising the value of bitcoin, the nature of bitcoin has consider as currency but saying it is the leading currency is not right. Besides, the purpose that people use it for is investment, not too many people mention the function of being a currency to bitcoin