Post
Topic
Board Bitcoin Discussion
Re: Now that Bitcoin is no longer digital cash?
by
seoincorporation
on 18/04/2024, 17:30:35 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?

The right answer is: As a digital asset.

Simple as that, and if bitcoin isn't money or digital cash in your country, then you always have to option to move to another country that considers Bitcoin as money, a good option is El Salvador. But the question here is, do we really want to use bitcoin as money? if you want to buy a coffee cup, would you be happy to pay more than $1 in fees for that coffee cup? Bitcoin was made to move big amounts of money and not for daily use. That's his role. Just like gold, i want to see you paying a coffee cup with gold or with diamonds, you cant.