Post
Topic
Board Bitcoin Discussion
Re: Evolution of Money: From Barter system to Bitcoin
by
ScoobyDu
on 28/10/2023, 12:12:13 UTC

Even the high commission fees charged by the banking system for international money transfers are an important reason to use cryptocurrencies. We can include bitcoin in payment systems, but for me, bitcoin is digital gold. Because btc is much closer to gold in terms of value retention and inflation protection. To realize a payment system that will be very common in the market, we will need usdt style coins. With the regulations that will take place in the crypto markets, crypto will be permanent for the payment system.

You have made an important point concerning the high commission fees that are connected with traditional banking systems for foreign money transfers. Because of these expenses, cryptocurrencies are frequently a more appealing choice than traditional banking systems. It is without a doubt thrilling and encouraging to look into the future of digital payments. I think, regulations will play a significant part in molding the future of cryptocurrencies and the use of these assets within payment systems.