Because it's not a legal currency, it's not an intuitive currency, it's just a kind of data. People don't understand it, so fear it
Stop talking nonesense.
BTCI have to sell all assets, stock, sell the house, all buy coins, within three years, killing one coin will not sell, this is my confidence in bitcoin.
What do you think about the growth of bitcoin?
Agreed.
i'm new to this, but my understanding of how things can (will?) play out are that BTC will replace gold and ETH (or something that replaces it) will replace day-to-day fiat.
That is, BTC will be a place to hold wealth, while another currency (with an underlying system designed for lightening-fast transactions) will replace credit/debit cards for day-to-day transactions.
We're only just now moving into the Early Adopter phase, so, there's tons of room for growth.
Of course, this is just my free opinion, so, take it for what it's worth.
john
I'm just holding my Bitcoin and growing it bigger and bigger so one day when it is worth loads and it is used more often I can't just spend it because I will have a huge stash of bitcoin and not need to use silly fiat ever again. I really can't wait.
I still don't understand why people are talking about gold for? You can't spend gold. Gold is an asset. Bitcoin is like gold Because it is an asset to but it is also a directly spendable asset.
Do not overdo it! Do not invest ALL that you have in Bitcoin. Yes, it seems reliable, promising, and we are constantly convinced of this, but what if something unforeseen happens? Are you ready to lose everything?
He should do it. He has faith and will be rewarded for it. You need something to believe in, and n life. Also remember when you buy bitcoin the price goes up from your own buy.