Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Bitcoin For Purchasing Goods and Services Mainstream>?
by
Bitcoin_Arena
on 22/04/2024, 22:55:58 UTC
⭐ Merited by pooya87 (2)
The value of it is not high enough to be able to use mainstream for the global market as the money system.
What do you mean by the “Value is not high enough”?
How high should the Bitcoin price go for the value to be high enough?

Is the rally from just cents to $65K within about 14 years a joke to you?

Do you think that if ever there becomes more adoption, BTC would be and able to be used for mainstream like a global money?
When you look at the white paper, the purpose of Bitcoin is to offer an alternative peer to peer electronic cash system from the existing main stream and centralized cash systems. I don't think most Governments can let a cash system they can not control or can not use to print billions of cash be the “Global money”. We need to be a little realistic on this.

If you love freedom and total control of your funds. Bitcoin will always be there for you.