Post
Topic
Board Bitcoin Discussion
Re: What are the official uses of bitcoin other then trading?
by
xZork
on 30/03/2021, 15:45:04 UTC
Of course, in addition to its investment value, Bitcoin is seen as a currency, and its characteristics are decentralized and anonymous.
There are many companies that accept bitcoin for payments like Amazon and Tesla, so people can't deny that Bitcoin is still a currency.

its nature is like a currency, but legalization of Bitcoin is still not acceptable in most countries so that Bitcoin is still trusted by many users to be used as an investment asset and even used as digital currency trading that can provide benefits. although the main purpose of bitcoin was created not as an investment asset but because its value is valuable so that many people are competing to invest in it in order to benefit from it.
Even if countries accept Bitcoin as a currency, it is very difficult for it to act as a currency. Bitcoin is slow and has high transaction fees, and the price of Bitcoin is constantly changing, making it difficult to list goods in bitcoin.