Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - Asset Or Currency?
by
tbct_mt2
on 20/06/2023, 23:32:01 UTC
I'm also not sure bitcoin will become the new standard.
We don't need Bitcoin to be a new global standard to use it as a currency, a mean for transaction, payment and an asset.

It is magic as whenever we have a Bitcoin private key and if it contains an amount of bitcoin, we can use it as a storage of asset and can broadcast a Bitcoin transaction.

We don't have to rely on any government, any local or global standard to move our bitcoin. We only need to choose appropriate fee rate to save transaction fee for ourself as well as get confirmations by miners.