Quote from: ChiBitCTy on Today at 12:09:14 AM

People have been asking this same question over and over on here over the year and my answer is always the same, and always has been..it's both and asset and a currency.

Thank you for your attention. If you feel the question has been asked a lot. You can answer the other questions in this thread

Quote from: PytagoraZ on June 20, 2023, 03:01:33 PM

Currently, bitcoin has a very high price. I don't know why the bitcoin price can move so fast. Is it possible that there are brokers playing with bitcoin prices?

Quote from: PytagoraZ on June 20, 2023, 03:01:33 PM

Initially, fiat money was born on the basis of gold reserves. But now it's not like that. Many people disagree when the US prints money massively without considering gold reserves. However, bitcoin was born without any guarantees, only the trust of the community makes bitcoin have value. Isn't that the same?

I would be very happy if you could discuss this

Quote from: irhact on Today at 06:59:33 AM

~snip~ Satoshi Nakamoto the creator of Bitcoin did so because he wanted we to have an alternative to the centralized system that's in existence that favors only the rich and well connected.

I think bitcoin is very easily controlled by rich people. They can buy lots of bitcoins and hold them for the price to go up, once the price goes up they will sell massively and the price goes down. If it is done repeatedly, they will get a lot of profit