Hello everyone so first thing I believe in crypto and it is one of the best thing and de-fi is a revolutionary idea and I really love it. So everyone including me thought Bitcoin should be used as currency but after a period of time I realised something and I am just sharing with y’all to know if you all agree with me or not.
See I am just sharing my thoughts and want your opinion on this that do you agree with me or not.[/b]
I agree with you . bitcoin today is more like a very valuable asset in the future. this does not mean bitcoin will fail in the future. it will make bitcoin an expensive investment asset compared to others. lets assume 1 million each coin I think is very possible. when reach that price fee tx will going more crazy and no way people using it as payment. this just my assumption. no one know what new tech in future to cover all fee.
When you invest in something it doesn't matter what its costs are today. What you ask yourself is whether you think it can go X% up or down (short) from there or not. Even if Bitcoin is worth a million, it will most likely stay a volatile asset forever. How long has gold been around and it is still anything but stable. It can fall by 30% in a year certainly, it can go up by the same amount. That's why I think calling Bitcoin the digital gold is the best way to put it.