Post
Topic
Board Bitcoin Discussion
Re: Now that Bitcoin is no longer digital cash?
by
KiaKia
on 18/04/2024, 10:01:16 UTC
I ask this question because I wonder what Bitcoin will become now that the financial institutions and meme coin advocates have taken over.

If Bitcoin is not peer-to-peer electronic cash then how do you see it?

Bitcoin is no longer a digital cash? Maybe in your own world mate, Bitcoin is a digital cash or let me say it can be used as digital cash, if you want to settle a payment you can pay in Bitcoin, it depends if the seller is willing to receive Bitcoin as means of payment.

You can use Bitcoin in anyway that you want, as a store of value, a brilliant way of avoiding devaluation that attacks Fiat most of the time, you can hodl it for future big gains or you can use it to settel payments, the choice is yours.

The existence of memecoins and altcoin did nothing bad for Bitcoin, even if something is created thats better than Bitcoin in terms of payment solution and others, Bitcoin will still remain the No #1.