Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and the Future of Money
by
bitterguy28
on 03/05/2024, 10:26:30 UTC
Speculating on the long-term impact of Bitcoin on the future of money, banking, and the global economy.
Due to high transaction fee, and higher percentage rate of appreciation overtime. I think Bitcoin would be use as wealth preservation like gold and other assets instead and not as fiat like dollars. And in fact, many investment companies are now considering Bitcoin as one of their instrument to keep their investments. Yes it can be use for transactions as it's have a true value, but for me I don't see it to be used as major currency but as in a form of investment.
and this is what exactly what we are doing in bitcoin now , using this as like physical investment like Bitcoin because the main objective of users now wanted to keep holding instead of using as payment and that for me is something we must be warned , because if we all continue doing such then we will not hitting what Satoshi wanted to happen.