Topic: Bitcoin failed as a currency - page 8. (Read 7186 times)
I think that the bitcoin do not failed as a currency. Maybe there are some flaws tagt need to be considered but as for the record there are some coubtries that make the bitcoin as an official currency.
Bitcoin can't fail by default! Market can go bearish or bullish. We may be happy or unhappy about that. But it can't fail. And it still will have impact on the other currencies too.
it didn't fail because some still use it like a money to use for transaction and maybe if the price become more stable but i don't think it will become stable just maybe it will be more used as a currency
Dollars are now also used for speculation, but this does not prevent us from using money as the currency that we pay for goods every day. The same thing is possible with Bitcoin.
I think bitcoin is not only an asset, bitcoin can also be used as a transaction or online payment tool, many in other countries can make electricity using bitcoin.
Bitcoin is a crypto currency that is acceptable across the nation, for buying and selling of goods, which many industries are normally used, base on that, the current price of falling is a better chance to invest.
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
Do you guys think that this can change in the long term ?
Often when I see a bitcoin ATM I think of the cultural awareness of this as a stable currency. But who knows what cultural adoption rates will be over the next years. Do you think it will be as normal as cash or card?
I think that bitcoin will never be a legitimate currency because bitcoin is too risky for it. It seems that it will not change even though for a long time
maybe yes but it takes a long time. but for now, there is no possibility that bitcoin will be used as a currency
Bitcoin in my opinion is a pioneer, a prototype and sooner or later he will die. Many see in bitcoin a way to avoid taxes, but bitcoin is not so anonymous. Most of the exchanges trading bitcoin require KYC and will provide these data to the authorities if they are required.
The most valuable thing about Bitcoin is that he introduced blockchain technology to the world. Blockchain is power. Its potential to change the world can be compared with the potential of the Internet.
The most valuable thing about Bitcoin is that he introduced blockchain technology to the world. Blockchain is power. Its potential to change the world can be compared with the potential of the Internet.
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
I believe that this will change in the future because out of billions of people on the world, the adoption stage didn't even reach 25%. Until now we are still on early stage because the government's and the central banks are suppressing Bitcoin to be a world currency. Do you guys think that this can change in the long term ?
There's nothing like fail, btc is still a new born baby, so give it some times to reveal what it has for the digital world, my opinion
The progression of innovation then Bitcoin can be utilized as a cash. At present Bitcoin is as yet advancing and being connected in different budgetary frameworks on the planet. For a venture then Bitcoin is more alluring in light of the fact that it can bring numerous points of interest.
Bitcoin is as of now in good shape and one day I'm certain that Bitcoin can be utilized as a money like utilizing the current USD Dollar.
Bitcoin is as of now in good shape and one day I'm certain that Bitcoin can be utilized as a money like utilizing the current USD Dollar.
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
For now, I agree. It is more than investment, than a currency. But we can change that as well. If those guys above us will make some laws to regulate and handle blockchain normelly, we will have the Bitcoin currency. Do you guys think that this can change in the long term ?
Bitcoin is still in its infancy and as a result its value is so volatile and as such hasn't been able to be used as a currency. But i think that challenge will soon be a thing of the past as some recent blockchain project has gone a step further to provide smartcards and app that allow holder of cryptocurrencies to spend their assets as re currency in real time. And this is changing the perception of the general public about cryptocurrencies.
Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
Do you guys think that this can change in the long term ?
Yes I agree with you, for now Bitcoin hard to become currency because it's prices too unstable. But maybe if bitcoin more stable like Fiat currency, Bitcoin can do his jobs as currency.
Come on guys. This is not the first time that happen in bitcoin. Just have patience and we will see again the unstoppable rise of the crypto king. So for the meantime let me accumulate more 
Bitcoin in the future will replace the usual money and the payment system will become more progressive ! The world must keep up with the times !
i think good investment . sometimes its risky
Bitcoin can already be used as a payment instrument. Bitcoin is not yet perfect as a currency, but it's not a failure. All require processes, and the process is ongoing.
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