Post
Topic
Board Economics
Re: Why Bitcoin is not that good as currency?
by
GideonGono
on 04/11/2019, 13:13:45 UTC
Grin Good, for people who do like Bitcoin and he has a lot of money and is not good for people who have no money to buy bitcoins  Sad. Bitcoin is an asset or can also be a saving and I am very happy to play, invest, trade Bitcoin and Altcoins Cool
To some extent I am agree with you that bitcoin is much better to keep as an asset than to use as money because if we will spend it then what to keep at home. Holding crypto specially the bitcoin is important as if we will hold only then price will increase and we will get profit but if it is an emergency then we can use our saving to get what we want.

because of the volatility of the price the value of other things you would to buy can be cause of a volatile.  for example, you buy an apple for 0.0001 bitcoin but suddenly if you converted it on the dollar it increase then it is not good because the bitcoin suddenly pump and dump so it is good that we have a stable money so we can buy based on out economy.