What is bitcoin for you?
What lead you into bitcoin world and what's keeping you here?
In my personal view Bitcoin is a value transmission system that connects private individuals - worldwide - who wish to engage in some form of commerce.
To me, it is a system for the transportation of value from point a, to point b.
Point a can be Brazil, and point b: China.
Regardless of the distance between these two points, and despite the difference in the political/regulatory environments: Bitcoin allows value to flow from one point to the other with the smallest amount of friction.
However, we shouldn't ignore the habitual conversion into fiat currency that takes place after a person receives a Bitcoin transaction. I think this occurs with more than 30% of Bitcoin transactions that take place.
So.... if the end goal of the majority of Bitcoin holders is to convert their holdings into a fiat currency at some point - then, perhaps it was never intended for Bitcoin to 'compete' with the fiat system.
Perhaps the ultimate goal of digital assets is to strengthen the global fiat system? Who knows... I mean, it certainly has the abilities to do so.
Overall though, this is what leads me into looking at bitcoin as more of a conveyance mechanism for value than anything else.
bitcoin is a digital currency and I think now everything is based on internet and without internet it is not possible to move now a day’s bitcoin is a currency that every one trust it and they want to increase their money through bitcoin and it is very important for me as it is for a lot of other people who are using it.
