Quote from: Reid on May 02, 2023, 12:18:31 PM

I am glad you think that way. There are people who dislike Bitcoin because they think it's a mere number in the computer and doesn't have a physical attribute which could be lost anytime. I understand them, you could not please everyone and some people just like the tradition kind of thinking where they should feel it to say it is their property.

If Bitcoin is physically available?
I was not asked this type of question before, but I may not buy it. I don't see why I should buy it instead of gold. That precious metal could increase its value in time and that's not even doubtful. Its demand keeps on increasing everyday so competing against that is too hard.

One drawback of Bitcoin is that it lacks physical presence. To strengthen its value, it would actually be better to have a physical form of currency. However, implementing such a policy would be highly cumbersome as it would involve the government of a particular country and require approval from multiple stakeholders. Therefore, Bitcoin as a cryptocurrency benefits from its decentralized nature, as its policies are less complicated compared to a physical currency. Although the value of Bitcoin has soared, it remains a dream for quite some time before it can be widely accepted by everyone.