Post
Topic
Board Bitcoin Discussion
Re: What’s the nature of currency?
by
Maxine4466
on 13/08/2021, 09:13:42 UTC
in-depth notion. governments are undoubtedly another obstacle in making Bitcoin the world currency and it's likely that we'll be always living under the supervision of countries as a shelter.
I wonder, would there be oneday when we escape from country system or any settlement could be put forward to render all countries accept and uphold Bitcoin?
maybe Bitcoin will follow the old routine of gold---most of it gets hoarded by governments as the anchor of value. I don't know how gold in inventory would be used as I have no idea about why countries would hoard Bitcoin. and if that really comes true, different to gold, no Bitcoin would be in circulation as I see it since it has no practical and physical usage.
the prospect of Bitcoin's rising to be a world currency is grim