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Topic: Don't you think we should use BTC as a medium instead of capital gain ? (Read 531 times)

full member
Activity: 420
Merit: 100
Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
I agree with you, we can use BTC as a medium of transactions in every outlet that accept BTC as a means of payment in their store for the existence of BTC increasingly known and can lift the name BTC and the existence of the more famous BTC
yes it is true, using bitcoin as a payment medium such as in hotels or shops, it will make the name bitcoin increasingly known by the wider community and make bitcoin more popular.
full member
Activity: 812
Merit: 114
You are right, We should change our motive about bitcoin. Bitcoin is not just a capital gain system, But the sad story is, most of the people took bitcoin as an investment. Specifically, newcomers, They come, invest and after seeing the price drops they cry and start panic things. I don't know it is not possible or not to change people's mind about bitcoin, blockchain technology. You see, most of the members of this forum suggest bitcoin as an investment, we should stop it. Bitcoin is a digital currency, not an investment tool or national currency.
copper member
Activity: 168
Merit: 0
There is no attitude to change regard Bitcoin or cryptocurrency , the only way I see we need to work on is how people jump in with no little understand of the technology , Bitcoin is a medium of exchange that gives return on the funds as a way of gain base on people activity and mutual agreement to change and determine the price
sr. member
Activity: 532
Merit: 250
You don't need to change your attitude towards Bitcoin because Bitcoin has its own plot.
Be yourself because that is the best way for you.

Bitcoin is very volatile, you can get rich in an instant or so lose your capital in a few weeks. Bitcoin's core trading is to be patient.
newbie
Activity: 74
Merit: 0
actually, currently BTC issss used as a medium instead of capital gain just like fiat currency
newbie
Activity: 56
Merit: 0
If bitcoin is applied as a future payment method then it may be advancement of this technology will be felt in the digital financial sector where all oranh do not need to bring a wallet because it has been replaced by enough to bring a smartphone to be able to perform various payments or other transactions. We do not need to change any point of view because however long as bitcoin has value then bitcoin will continue to be used by people who hold it either as a means of payment or investment media.
My opinion is a simple one.  We all should have some BTC for our own shake. I strongly believe that BTC will take away the fiat currency today or tomorrow. Just think if BTC got the recognition as a universal currency then it's value will go up too high.
legendary
Activity: 1596
Merit: 1034
If bitcoin is applied as a future payment method then it may be advancement of this technology will be felt in the digital financial sector where all oranh do not need to bring a wallet because it has been replaced by enough to bring a smartphone to be able to perform various payments or other transactions. We do not need to change any point of view because however long as bitcoin has value then bitcoin will continue to be used by people who hold it either as a means of payment or investment media.
newbie
Activity: 44
Merit: 0
You're right. The reason why Bitcoin is considered potential is its ability to facilitate commercial transactions. Bitcoin transaction is faster, cheaper, and borderless, which makes deal and business easier.
newbie
Activity: 52
Merit: 0
In fact, people know Bitcoin mostly because of its reputaion for generating profit. Without this, Bitcoin could not have been that famous. However, I agree with you we should use Bitcoin as a medium of exchange so that this electronic money can bring real value.
newbie
Activity: 56
Merit: 0
Actually, we can use it as both an asset to invest and a means of payment. But people tend to earn profit from Bitcoin investment more than to develop its function as a payment methods, making Bitcoin less reliable. So I suggest that while you can treat Bitcoin as a capital gain, you shouldn't forget its original function.
sr. member
Activity: 1050
Merit: 251
I'm very confident about bitcoin, ibelieve in bitcoin, so i'm investing in this market, i believe and that the growth of the market will support Bitcoin as a payment tool in the future.

If bitcoin will become a payment tool in the future, I think that this helped the value of btc gains its profitable price. More people will become interested to hold and spend bitcoin at a good purpose on their purchases, like other crypto traders did. Their spending activities was not meaningful and valuable due to crypto tradings has its broad sectors which really gives huge opportunities that provides every people who wanted sustainable profit.
member
Activity: 490
Merit: 10
If you have a lot of time and you do not hurry anywhere, if you do not have monthly needs for satisfaction which you need to regularly make money, then bitcoin is an ideal investment asset. It does not require any storage space, it is better than gold.
member
Activity: 287
Merit: 10
Bitcoins is best for using it as capital gain by holding it as any other form of financial instrument. The medium of exchange of Bitcoin is a secondly function of bitcoins and shouldn't be the sole source of using bitcoin
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
Do you think we should change our attitude towards bitcoin ? Don't you think we should use BTC as a medium instead of capital gain.
Everyone is free to use bitcoin on their own jurisdiction and belief.

If you think that its good to use as a capital gain, its up to you and if you think that you should use it as a medium of payment for transaction much better.

We don't have to dictate on what we should do with bitcoin as long as you have it and you are responsible for it to support the technology as well.
sr. member
Activity: 630
Merit: 250
I'm very confident about bitcoin, ibelieve in bitcoin, so i'm investing in this market, i believe and that the growth of the market will support Bitcoin as a payment tool in the future.
jr. member
Activity: 107
Merit: 1
The World’s First Blockchain Core
yeahh  defınıtely  i  agree with you in using  a bitcoin  medium imstead of capital gain   since  according to me  to use bitcoin comes more logicai in one way and also easy seems to me at least.
newbie
Activity: 56
Merit: 0
Most peoples right now using bitcoin as investment. Its happen because many government still prohibit and ban bitcoin if used for payment. Because of that reason, many peoples and investment firm using bitcoin as an investment

 
Other than government bans, I think that people use bitcoin as an investment because of the lack of adoption. For now, there’s not much areas where you can use bitcoin. There are even some countries where bitcoin is not accepted as a payment system so I don’t see the point of using it as a medium. Also, fees are high so it’s not that favorable to use btc. It’s much more profitable to have bitcoin as an investment instead. It’s possible that btc as a medium will be more possible in the future.
Great, this is an important information for us. There are a few areas where we can use cryptocurrency right  now. But this is also a bad habit to use BTC as an investment tool instead of currency. Look at this current price, BTC lost 70% already because of this so many people lost everything they have. It is just a killing machine.
full member
Activity: 700
Merit: 148
Most peoples right now using bitcoin as investment. Its happen because many government still prohibit and ban bitcoin if used for payment. Because of that reason, many peoples and investment firm using bitcoin as an investment

Other than government bans, I think that people use bitcoin as an investment because of the lack of adoption. For now, there’s not much areas where you can use bitcoin. There are even some countries where bitcoin is not accepted as a payment system so I don’t see the point of using it as a medium. Also, fees are high so it’s not that favorable to use btc. It’s much more profitable to have bitcoin as an investment instead. It’s possible that btc as a medium will be more possible in the future.
newbie
Activity: 56
Merit: 0
Now investors using bitcoin as a investment opportunity and they want to make profit, peoples don't think about it as a medium which we can spend for our daily requirements, investors only need profit and don't care anything else because investors wanna be a rich person if peoples want then they can spend and accept this currency in markets as like fiat currency and this will be a biggest change in crypto market.
This is the reality. We never understand what is best for us. Look at the dynamite, it was invented to destroy rock hills but now it is using to kill people. BTC was supposed to use currency but it is using as an investment tool.
newbie
Activity: 18
Merit: 0
Now investors using bitcoin as a investment opportunity and they want to make profit, peoples don't think about it as a medium which we can spend for our daily requirements, investors only need profit and don't care anything else because investors wanna be a rich person if peoples want then they can spend and accept this currency in markets as like fiat currency and this will be a biggest change in crypto market.
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