Bitcoin does bring some good things to the world, where free (as in freedom 
) digital money is inaccessible, but to the western world, what it brings? gambling? crime? mostly. some will argue privacy, but what exactly is private about bitcoin?
It also grows exponentially in terms of energy and resources needed to operate it, which is a total waste.
Some will argue it's a "new kind of global currency". but again, most bitcoin users don't use it for daily transactions. you might say, how do I know that? simple - because all the data on the blockchain is completely public.
And it's overpriced.
Leave your comments.
) digital money is inaccessible, but to the western world, what it brings? gambling? crime? mostly. some will argue privacy, but what exactly is private about bitcoin?It also grows exponentially in terms of energy and resources needed to operate it, which is a total waste.
Some will argue it's a "new kind of global currency". but again, most bitcoin users don't use it for daily transactions. you might say, how do I know that? simple - because all the data on the blockchain is completely public.
And it's overpriced.
Leave your comments.
There is what is called opinion and you have just said what you have in mind to say. You can't be completely right, there are somethings that you have said about meeting up the standard global currency which caught my attention, I hope you know that most people see Bitcoin as a store of value than been a peer to peer digital currency that some people see Bitcoin as, how many people actually use Gold as a means of settlement yet it's a reserve for many countries, that's the question you should ask yourself.
If Gold is been worship by central banks and more valuable than there own paper currency they have been printing, then Bitcoin has a chance to be a global reserve too one day which I think USA will consider one day since Trump has won the election and many people are anticipating for his fulfillment of his promises, you don't know what's going to happen between now and next, if Bitcoin becomes a reserve currency for Banks, you will retract your statement tomorrow.