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I think the goal is to become a legitimate currency of the world. And as farm as i can tell it has not reached its goal.
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I think if we are talking about it as a pure currency it would be good. It will not be an investment though if the value cannot go up as it can;t generate the profit we are looking for.
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Any investment are for risk takers.And bitcoin is a high risk investment, but also it can give huge rewards.
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There are actually many companies now that are using bitcoin. Maybe what you should be asking is why ither busnesses are still not adopting bitcoin. Businesses can loose revenue since bitcoin is unstable at the moment.
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I don;t think they will.Bitcoin are stored in personal wallets. who would want it be deposited in a bank where there can be higher possibility of a hack? Bitcoin does not need banks.
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Bitcoin is not some kind of loan to need a collateral. You straight up trade your cash for bitcoin. Not some kind of loan that you have to pay monthly.
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I think the only factor that scares people in investing is instability. The volatile nature of bitcoin frightens people to invest because it can lead to loss of investment. But i do think that people like this don't spare the time to learn about bitcoin.
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Most of us here do undertand that volatility come with bitcoin and in any investment for that matter.but if you look at bitcoin as a currency it definitely is an issue since we can't have an unstable currency
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I think they will soon lift that ban when the superpowers decide to adopt bitcoin. For now they ban since they do not see the potential of btc and just thinks it is a threat to their government.
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Yes sure it will. But not now because of bitcoin's volatility. There will be loss on the side of the hospital if ever there will be decline in value.
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