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Topic: If BitCoin stagnates. (Read 835 times)

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Activity: 60
Merit: 10
December 05, 2013, 10:43:47 AM
#1
If BitCoin stagnates.
Lets say BitCoins stagnates and no more merchants take it,  and governments do not acknowledge it as a currency or make life difficult for  it. I still believe it has a future doing what it is already doing NOW.
•   A storage of value that beats most other investments( o so slightly)   
•   Ability to hide money or store it where it cannot be commandeered.
•   Ability to travel anywhere with it.
•   Uses in third world countries for individuals who don’t own bank accounts.

I acknowledge that its volatility make is difficult for use in trade and money transfer( currently) and a possibility that it might get hacked. But if it doesn’t get hacked it will always be here.
 
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