Quote from: Becassine on July 18, 2023, 04:15:33 PM

Quote from: Texac on July 18, 2023, 03:03:46 PM

Quote from: Fiatless on July 18, 2023, 08:02:13 AM

Using Bitcoin as a local currency is not viable. The currency is volatile and can have negative consequences on the local economy. National currencies can be controlled by monetary policies but bitcoin is an international currency that cannot be easily influenced. Bitcoin is growing to the stage when it will be stable but for now, using it as a currency will make these local economies unstable.

Satoshi created bitcoin with its decentralized nature and peer-to-peer currency, to be an alternative to the fiat system that is becoming increasingly unstable every day. but we are using it as an investment, and it has become extremely volatile. how can a volatile asset become a solution to the economy? people continue to fantasize and exaggerate about the possibilities of bitcoin for the world economy, which is just too funny. so far, bitcoin is just an investment, and it will only be able to benefit some people who know how to take advantage of its volatility for profit, other than that, it cannot help the local economy or any country.

I absolutely do not agree. Investment for some and currency for others, all in one for still others. The experience of Bitcoin Beach which has been emulated (Bitcoin Ekasi for example) demonstrates that bitcoin can be used by everyone as a currency for daily transactions.

Yes, some people don't see bitcoin as an investment, and they are using it as a currency, I was wrong to rush to conclude it's just an investment. but the number of people using it as a currency is few, if not scarce.
Do you have any evidence that bitcoin is benefiting a country's economy, let alone the impact of the world economy? not even Satoshi mentioned that bitcoin has a mission or ability to fix the economy.