Post
Topic
Board Beginners & Help
Topic OP
WILL BITCOIN BE ACCEPTED AS A MEANS OF TRANSACTION IN THE WORLD
by
Pablo james
on 09/02/2021, 10:54:03 UTC
   Bitcoin which is the most valuable crypto currency, like other crypto currencies are now perceived to be a better store of value by many. However, with the news making the rounds,of Bitcoin expected to be used and accepted for transactions purpose (payment for goods and services).
 CAN BITCOIN ACTUALLY MEET THE REQUIREMENTS FOR TRANSACTION PURPOSE?
AS  there are only 21 million Bitcoins that can be mined in total and currently, around 18.5 million Bitcoins have been mined.in contrast to legal tender of various countries which has no limit of the quantity that can be printed, I believe Bitcoin to be used for transactions purpose,has it's limits, in essence legal tender will still have upper hands for transactions purpose.
What's your take on this?