Post
Topic
Board Economics
Re: Can we rely on Bitcoin and cryptocurrency?
by
princesspoppy
on 05/07/2020, 03:12:24 UTC
I don't think bitcoin can sustain our needs, in whatever aspect it may be as of now. Bitcoin is not stable and that alone gives us reason not to rely on it at this current pandemic. Although it can be used as a qay of payment for some companies and stores, still many are aware of its risks and chances to crash anytime. Another thing is, most people are still relying to cash than cryptos like btc, you need to cash out your bitcoins in order to keep up with that. Most people see it as an investment for future pump so they can make a profit and if you use it at the current situation, the chances to make a profit in the future will lose.