Author

Topic: Bitcoin whether to become a common currency for transactions like dollars (Read 126 times)

newbie
Activity: 124
Merit: 0
It seems that countries around the world are still confused about accepting bitcoin as a common currency used to trade.
At present, bitcoin is accepted in: EU, West Africa, South Africa, North America, Central America, South America, Caribbean, Central Asia, West Asia, South Asia, East Asia, Southeast Asia, Eurasia, Central Eastern Europe, Northern Europe, Southern Europe, Western Europe, Australia
But besides many countries around the world are still concerned about bitcoin. for the following reasons:
The price of bitcoin is so unstable that rising volatility often lacks stability as currencies like the dollar. Bitcoin prices are currently in a downturn, bringing too many disadvantages for investors.
Besides that is the reason for scam concerns.
A typical example is Korea, which issued a draft ban on bitcoin and other electronic currencies. microsoft has removed bitcoin out of its payment media for 2 days.
Hope Bitcoin will offer more policies to enhance its position in the virtual currency market
Jump to: