Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the forerunner of the paperless economy.
by
Thara20
on 05/07/2022, 07:31:44 UTC
Let's agree to disagree. Since banks went digital and other modes of digital payment popped up, people have been moving digitally for some time now. Bitcoin, on the other hand, is a catalyst for how transactions can take place in the near future. On the flip side , not everyone who owns bitcoin in the real world wants an extra fee for every transaction made. Plus, the major point is that you need fiat money to buy bitcoin. That in itself is a contradiction to how currency works in a paperless economy.

Being a pioneer, Bitcoin sure did make blockchain and cryptos a reality. This created a new economy entirely aside from the established one. When looking at bitcoin, this has to be considered as a long term investment until crypto gets normalized globally.

https://medium.com/chickeychik/future-of-cryptocurrency-998d0b3aced6