Quote from: Perfectbaby on Today at 02:31:01 PM

Quote from: Crypto Library on October 23, 2024, 06:06:51 PM

I thought the purpose of opening your topic was different, I thought your question would be that Bitcoin is gradually moving away from the purpose of financial freedom because of the huge amount of bitcoin adoption under various big companies. Even though I had prepared your answer in that way, I will answer your question now.

Let me know first that don't it true that people are holding their fiat currencies or the gold silver which are exchangeable on the banks or what ever? I think the answer will be yes then if we think bitcoin as a digital currency i.e. cryptocurrency why we can't it use to hold for the future how we save fiat for the future. And Also we know fiat currencies are also havebeen trading on many exchanger and there were also trader. So saving bitcoin i.e. holding bitcoin i.e. investing on bitcoin will not going to take us from it's real purpose which is making the financial freedom and also peer to peer ecosystem.

It's true that people are holding other currency such as gold, silver and other valuable resources but it wasn't meant for a transactional purpose, but as I know Gold, Silver or diamond as we know is basically for investment. Please do not quote me wrongly, I didn't say bitcoin is not meant for investment or worth for investment, but what I am trying to deduced is that people are now now channeling efforts on the investment purposes than the transactional aspect of bitcoin.

Those who understand the power in Bitcoin will agree with me that Bitcoin serve exactly the same purpose that gold, silver, diamond and all the precious items you can think of, and still serve more purpose than they do with a liquid market that is akin to none. The only difference is that the others are physical treasure while Bitcoin is a digital treasure. Bitcoin is a dependable store of value and a medium of exchange, you can store your wealth in Bitcoin by simply making it your choice of investment portfolio just like you would with gold and the safety in Bitcoin is far better than that in physical gold. There are countless ways in which Bitcoin stand out.