Post
Topic
Board Bitcoin Discussion
Re: THE VIEW OF SOME PEOPLE OVER BITCOIN
by
coinerer
on 05/05/2023, 11:03:31 UTC
Some people don't see Bitcoin as a normal currency and think it's too risky because its value can change a lot. They also worry that it's used by criminals for illegal activities like money laundering. However, other people think Bitcoin is amazing because it's different from traditional currencies and could change how we use money. Nobody knows for sure what will happen to Bitcoin in the future, but people are still talking about it and interested in it.
Bitcoin is a potential currency but it definitely has risks.  Because its price is not always fixed like fiat.  So after buying at a high price it can definitely go down in price. So it is natural that people will fear it.  Because no one wants to lose their investment. And every country's government thinks that since there is no way to control it, it must be able to do bad things like money laundering.  But if the laws of the country are strong then not many people would dare to do this