Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin an Investment or Payment form? Has it lost its purpose?
by
BIT-BENDER
on 01/08/2021, 15:58:14 UTC
Currently Grayscale's bitcoin trust owns 654k and the top companies hold 200k, that's 854k bitcoins out of circulation from 21million, not to mention an estimated million more lost. We see alot of bitcoin integrations from paypal, mastercard but is there a public for that? With hour long payment confirmations, I just don't see it as a payment form in everyday life. Has bitcoin turned into an investment wagon or is there still a possibility of it becoming an everyday payment currency?
As for payment, Bitcoin is one I think is very transactional for me, ever tried sending money from a under-developed country to the developed countries or tried receiving from them to yours, you can wait on weeks and still get issues that you may need to reverse it, I think the wait on Bitcoin for transaction confirmation is not stationary, but since I have been transacting I have had more fast transactions than slow, I would like to think Bitcoin according to my knowledge and that's is bitcoin is everything and anything.