It was one on the issue Satoshi saw the world needed it. But as far now it mainly use is trading for speculation by the newbie and holding by one who bought it years ago.
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
Of course it needs to be legalised FIRST somewhere. But after that a, will you buy something online and pay in BTC ?
Or it’s just a form of investment like gold was a decade ago ?
I have used Bitcoins to make purchases at Overstock.com but I mostly hold what I have. It’s hard to justify spending Bitcoins when the value could double in a matter of months.
There’s also the issue of fees that add to the cost of using Bitcoin as a method of payment. Until that issue is resolved, I think Bitcoin will mostly be used as an investment and a store of value. That may be all it ever is which is fine as long as the price keeps going up or at least doesn’t back track.
Hi, there luxcoin! As far as I know, there are only around seven countries that prohibit the use of cryptocurrencies. I agree with you stating Satoshi's aim of creating an alternative payment for internet commerce. Currently that dream is little by little realize as more company embrace the technological change of accepting cryptocurrency big names includes Microsoft, Newegg, Steam, and much more. However, most of the bitcoin holder prefer to earn more bitcoin rather than spend it which become the reason why most of the bitcoin transactions are conducted in the investment. 
