Do you guys see bitcoin as a store of value or as a currency?

do you think btc is a store of value (Like gold) or do you think eventually it will be used like a currency?

Are bitcoin transactions to slow and expensive for mainstream currency adoption?

submitted by /u/jackearlesfl
[link] [comments]

from Bitcoin - The Currency of the Internet https://ift.tt/3vBzn7X

Comments

Post a Comment

Popular posts from this blog

Market Cipher B — Reversed Engineered and Free

Hello Everyone, I have reverse engineered CryptoFace's Market Cipher B. It is free on TradingView now. Please share and like the TradingView script. https://www.tradingview.com/script/FxSyGhQl-Market-Cipher-B/ submitted by /u/jamesinator69 [link] [comments] from Bitcoin - The Currency of the Internet https://ift.tt/2Yy0UJV
Read more

What I don't understand...

Why are there so many posts like "I have $100-$1000, should I put it all in now or buy later?" Usually people like this are teens or millennials, which to them, this might feel like alot of money. We are so early in Bitcoin that $1000 is about 2 milllion satoshis. Do you really think you will only be worth $1000 by the time you need to retire in 40-50 years? No. So just buy bitcoin, if it goes to $0, who cares. Or the more likely outcome is bitcoin is worth millions of dollars (if dollars exist) and you are set for retirement. Just buy the bitcoin ticket and keep it somewhere safe(don't lose your keys) and don't touch it. Don't day-trade it. Whenever you sell, whales are buying your sats and will be holding them forever and you're going to have to buy less for more later. Do you want to holds your sats forever or do you want to let the whales hold it for themselves? Please everyone, think of the bigger picture. submitted by /u/erangalang [link] [...
Read more

The best thing that you can do for bitcoin... other than buying it

Spread the word, education is key, Educate your friends, family, neighbors, acquaintances, people at work, your boss, everybody you know. Consult them on how bitcoin works and the benefits it has, explain to them the blockchain technology and usefulness of bitcoin in the future with our failing government and fiat inflation. The more people that understand the way that bitcoin works and the benefits it has, the more adopted, main stream, utilized and normal it will become, which will in return make it go higher. One of the main reasons regular people don’t like bitcoin is because people don’t like things they don’t understand, especially older or stubborn people that are very stuck in their ways with the current Fiat system that’s failing before their eyes. People are more interested in BTC now as opposed to years ago, due to the fact that it’s on the news almost every day, but most still don’t fully understand how it works or even how to buy it. The news fails to explain that for...
Read more