Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Take a look at the future of Bitcoin from the gold standard system
by
Kiley33
on 28/07/2021, 09:59:42 UTC
⭐ Merited by RainbowKun (1)
Bitcoin has certain characteristics as the world's legal currency, but there are also some problems:
Bitcoin is limited. Everyone will know this.
Convenient to carry and transfer (Bitcoin can be transferred to others, gold transaction is more troublesome)
Bitcoin is divisible (can be accurate to eight decimal places, the golden section will consume a little)
Bitcoin cannot be counterfeited and stored for a long time,
But Bitcoin now has some problems that prevent it from becoming the world's legal tender:
Bitcoin is currently volatile and no one knows what will happen to the price in the next second
The government's attitude towards Bitcoin has not yet been fully accepted
Therefore, to make Bitcoin a world currency, we need to continue to work hard. I believe that Bitcoin will become the world currency sooner or later!