Post
Topic
Board Bitcoin Discussion
Re: Now that Bitcoin is no longer digital cash?
by
Awaklara
on 18/04/2024, 12:26:27 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?
Maybe you think because more people now know about Bitcoin as an investment asset and exchanges are campaigning for Bitcoin as a digital asset for future investment that makes you think like that.

Bitcoin will still be called a digital currency. despite government restrictions regarding the use of Bitcoin in certain countries. You can make an analogy of saving US dollars as your investment in a bank, while you use the fiat that applies in your country. Just the things you do will not change the initial nature of the US dollar as a currency into an investment asset.