Post
Topic
Board Bitcoin Discussion
Re: "Bitcoin cannot become an alternative to fiat currency"- says Yanis Varoufakis
by
CarnagexD
on 01/08/2020, 18:22:33 UTC
Actually they said it as the current usecase of bitcoin but if we talk about future then it will surely be an alternate of Fiat Currency.
It was written that way but look what they did to their bitcoins, have they spent it? NO. Are they spending it? NO. bitcoin created a whole new class of an investment, though it was designed to be a medium of a transaction, people have taken the decentralization as a game for these coin's capability of rising and declining prices. We always say that bitcoin is an alternative currency, yet we don't use it as an alternative, maybe for some they do but most of us? hell no. We are afraid of the volatility, that's the truth.