Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is difficult to understand
by
Orpichukwu
on 15/02/2025, 22:57:43 UTC
Do you know that it's we that misunderstood bitcoin, in normal circumstances bitcoin wasn't been established as investment means, it was created to be use as a currency not an investment option, for buying of goods and services and for exchange of goods and also services...The price drops of bitcoin is what makes people to think bitcoin was scam, so the price drops of bitcoin is what explain bitcoin better for new investors to know that anything can happen on the process of investing on bitcoin.
Bitcoin was created for a different purpose, which is not much different from what people are using it for right now; some still just consider it to be used as a means of exchange for goods and services, even if you consider it to be an asset that could be invested in, which does not still give it the wrong impression where people can see it as a scam. It's only where there is so much expectation from those who see it as a scam about the price that they get disappointed that they can start looking at it otherwise, or some also might picture it that way because they say Bitcoin doesn't exist since there is no physical form of it.