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Topic: The only safe haven currency is Bitcoin - page 4. (Read 1792 times)

hero member
Activity: 2296
Merit: 506
Cryptocasino.com
Yeah bitcoin decentralisation has been one of the reason why people love invest in bitcoin, bitcoin also not affected by inflation and if the mass adoption is happening then the price will keep on increasing, the government classified btc as property or asset is because they don't want btc to become fiat rival
There's plenty of altcoins that are decentralized aswell or I must say most of them but people still prefer bitcoin because it's first and has known by so many people, therefore I don't think the decentralized nature is the reason as to why bitcoin is preferred than other altcoins.
newbie
Activity: 42
Merit: 0
O wow thats a great news.. it is the best haven currency because it is builting stone of cryptocurrency..well it may not rumours... good news for investors..
full member
Activity: 952
Merit: 107
Bitcoin has proven to be a worthy digital currency for everyone in the world. bitcoin can be used in a variety of circumstances. even if the situation is complicated or critical, as long as you still have internet access, bitcoin can be used and is safe.
Bitcoin is the safe haven coin because it is the last coin that will lost value in the market as it is the foundation of all crypto currencies. It is worth to have it and very beneficial as we can send it everywhere in tbe world and risk si lower than any other coins on the crypto market.
hero member
Activity: 1274
Merit: 516
Yeah bitcoin decentralisation has been one of the reason why people love invest in bitcoin, bitcoin also not affected by inflation and if the mass adoption is happening then the price will keep on increasing, the government classified btc as property or asset is because they don't want btc to become fiat rival
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Bitcoin has proven to be a worthy digital currency for everyone in the world. bitcoin can be used in a variety of circumstances. even if the situation is complicated or critical, as long as you still have internet access, bitcoin can be used and is safe.
this is the advantage of bitcoin, besides bitcoin being the safest coin, of course bicoin can be one of the most doable coins for anything. this can be a helper when the situation is not good, bitcoin is still useful
It has a lot of usecases unlike any other coin that claims they have use case.

The gov't classifies bitcoin as property because they see it more of an investment if you will watch most of the interviews from those well known investors, they would agree that it's more of an investment class which is a store of value.
sr. member
Activity: 625
Merit: 258
Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

Considering point 2:

Basically if you use any kind of crypto currency there is no sort of government or bank specific control because everything is kinda private.
Only the exchanges you use will always be the ones providing such informations to your banks and government.
There is no specific currency as you mentioned.

Considering point 3:

Probabily due to Bitcoin being the main currency and most used one for both new forks, new coins creation incentivates, new hardwares and even new technologies.
Most of the new payment methods are using Bitcoin as main currency <-> fiat therefore it becomes easier to call it as a property rather than a currency for people's understandings.
sr. member
Activity: 626
Merit: 251
Bitcoin has proven to be a worthy digital currency for everyone in the world. bitcoin can be used in a variety of circumstances. even if the situation is complicated or critical, as long as you still have internet access, bitcoin can be used and is safe.
this is the advantage of bitcoin, besides bitcoin being the safest coin, of course bicoin can be one of the most doable coins for anything. this can be a helper when the situation is not good, bitcoin is still useful
member
Activity: 308
Merit: 10
yeah that is true, but why the war begin ?
OK, Bitcoin is so easy to use to everywhere in this world.
i agree with this concept that's why Bitcoin is i called the future of currency because it is so flexible.
you can use it where ever you go and i love it.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
Bitcoin has been confirmed as the best safe haven currency in the world
I think not. The only safe haven currency are stable coins. These are usdt, usdc, TUSD and many more. If you will hold bitcoin it will not be a safe haven to you as the price of it might go up and down. If it goes up, then it's good it's better than safe haven. But it goes down, that's worse than it.
Despite the fact that some of the people may not consider stablecoin as crypto when actually it is but kinda centralized but I'd agree that stablecoin still remains to be the best way to save your wealth value. They are backed up with money under certain regulation by the government and issued by the third party company, there's no argue for that.
sr. member
Activity: 1624
Merit: 267
Bitcoin is one of the safest currency in the world Yes because that coin is not control or the government will not manipulate it compared to the real currency or the fiat. But ethereum also is the good because that coin is also a bitcoin and they are very famous and also the competitors of the bitcoin. But now people choosing bitcoin because of different advatanges you get once you have bitcoin.
sr. member
Activity: 840
Merit: 268
Bitcoin has been confirmed as the best safe haven currency in the world
I think not. The only safe haven currency are stable coins. These are usdt, usdc, TUSD and many more. If you will hold bitcoin it will not be a safe haven to you as the price of it might go up and down. If it goes up, then it's good it's better than safe haven. But it goes down, that's worse than it.
full member
Activity: 840
Merit: 101
Countries have different views and opinions on bitcoin. A lot of government agencies does not consider it good because they don't own any beneficiaries from it and they can't tax it so they wanted to stop it. Here in my currency, they still view bitcoin as something good that is why a lot of people use it, unlike China and Russia.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.

2) The only one Currency not controlled by a government or bank.

3) I will have to ask a general question? Why many governments are classing Bitcoin as a property & not a Currency.

My advice is keep buying Bitcoin and don't look back. Also don't forget LTC.

Indeed, your points are valuable, but i agree on it bitcoin is safest crypto currency because this time is internet and online investment, that's why every new generation like to invest on online and fastest then bitcoin come that's why bitcoin get popularity and the maker of bitcoin made is safest that's why everyone like bitcoin.  
full member
Activity: 1470
Merit: 148
Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.
I think so, when the war explodes, maybe there will be a lot of looting, theft, inflation will occur in many countries and many people will certainly look for currencies that can be used to secure their wealth from thieves and inflation, and that is in bitcoin can be an alternative to diversify wealth and it benefit to you.


More concerns that make me feel that, spreading the world of cryptocurrency is of more important for countries that aren't showing interest on Bitcoin, they could be left behind. Bitcoin is the most safest digital currency among others that can be move around within acceptable countries, without any risk of damage.
sr. member
Activity: 459
Merit: 251
Bitcoin can be a good option to hold money safe on, but if something happen and internet will be stopped on time of war or after we have to search another way or to have cash money to can buy food. Sometimes can happen that price drop and maybe people will panic and sell but can be a safe option for medium term investment.
sr. member
Activity: 1162
Merit: 251
Bitcoin has been confirmed as the best safe haven currency in the world with the following reasons.

1) If they is a military war, someone can easily move out of their respective country with Bitcoin. Cash, gold, silver is much harder to deal on.
I think so, when the war explodes, maybe there will be a lot of looting, theft, inflation will occur in many countries and many people will certainly look for currencies that can be used to secure their wealth from thieves and inflation, and that is in bitcoin can be an alternative to diversify wealth and it benefit to you.
member
Activity: 630
Merit: 14
at least more than a year has passed since the real fall in cryptocurrency prices.  At least until the end of 2019, or by 2020 we can expect better results than we see today.  Although If we compare the charts of growth of prices and interest in the cryptocurrency of investors, we are already approaching the level of May 2018, when Bitcoin reached $ 11,000.  I think it will be a very good indicator Over the past year.
full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
The safest currency for investors is USDT. USDT is always stable because of very low volatility and not affected by the bear market. Even if the bear market takes place, USDT prices will grow. Bitcoin considered a safe option if it is a long-term investment. With Bitcoin, you have to hold for at least 2 years to be able to eliminate all risks and be sure of the profit you get.
full member
Activity: 798
Merit: 100
bitcoin is indeed complex has properties that can be used easily, but for now not many countries have accepted bitcoin for payment and use. besides that bitcoin will continue to increase, and will continue to be used as a purchase option
full member
Activity: 952
Merit: 104
Why bitcoin treating of government as property because people or a bitcoin holders also treating bitcoin as investment investment same treat as property.
Because many people are knows bitcoin as long term investment and most of the people believe that keeping bitcoin as property is the key of become rich in the future.
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