Post
Topic
Board Nigeria (Naija)
Re: Is Bitcoin the Future of Money or Just a Digital Asset?
by
Cgrexp
on 27/09/2025, 06:34:50 UTC
Thinking of this, Bitcoin have been around since 2008 which is over a decade now and truly speaking it has changed the way we see money. Since it's not controlled by any government, this makes it borderless as anyone can send and receive value in few minutes and it  tends to give financial freedom to anyone that invest into it reasonably.
But reasoning this carefully is Bitcoin stable enough to replace our everyday money or just a digital assets like gold and others relating to as the price goes up and down on a daily basis. On a second thought is the truth in the middle of being the future of money or a digital asset? Since it can be used to hold and protect wealth against inflation or anything of such.
What about countries with weak money system?
Do you think that Bitcoin will one day replace traditional money, or will it remain mostly an investment like digital gold?


I agree with you that Bitcoin was originally created to create an alternative financial system. It is not controlled by any center and has blockchain security, and transactions can be made from anywhere. A true symbol of financial freedom. However, whether Bitcoin is stable enough to survive as an everyday currency is a big challenge. Because its price is very volatile. Due to price fluctuations and instability, people may not dare to use it for everyday transactions. Bitcoin is currently working more as digital gold as you said and this has happened through savings rather than transactions. So I think Bitcoin will be established as digital gold because it has gradually become a safe financial haven.