Post
Topic
Board Bitcoin Discussion
Re: I think Bitcoin is great as an asset and not as a Currency.
by
gundala
on 01/08/2021, 22:06:06 UTC
Depends on who you are asking because there are some people that will say it's good for currency as well, I mean it has been used as one back when Laszlo bought 2 pizzas right? I think it's a bit of both because Satoshi's aim was to create a currency that will eliminate the middle man which is the banks.
so this goes back to individual needs, right? For those who often make transactions in large quantities and cross-country will definitely be greatly helped by the presence of bitcoin, eliminating complicated administrative processes at the bank. yes .. with crypto, we are like managing our own bank. on the other hand, btc is less effective for micropayments.
after all, the adoption of crypto, especially bitcoin is not so widespread, crypto payments are still limited and in some countries the use of currencies other than the national currency is illegal. so we need to understand the rules regarding this. until recently I preferred crypto as a trading commodity.