|
It depends on your view of it. Holding or investing in bitcoin is all a risk, ultimately it is all up to you that how much loss you can bear, on other hand investment in any monetary deal is always risky, it may or may not gainful, or reciprocal.
|
|
|
|
|
For me, I believev it could serve as both asset and a currency in terms of being a form of cryptocurreny. But the choice is always dependent on the perspective of an individual with the views they have on Bitcoin. For people, they tend to used Bitcoin as a form of currency on transaction in such way to evade the process on fiat where Bitcoin technically promises a much more reliable transaction.
|
|
|
|
|
That is good to know. It seems they have realized the bitcoin profits for many people's lives. The crypto market has really changed the lives of so many people. Many people became wealthy after a period of entering the market and only a few experienced losses when investing inexperienced. We can see the crypto market is a great market and many countries around the world are discussing the acceptance of bitcoin.
|
|
|
|
|
There is a lot of advantages, there are some inherent advantages to transacting through Bitcoin that users of other currencies do not get. Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and risks. That said, Bitcoin appears to offer some unique possibilities.
|
|
|
|
|
In any case, Already bitcoin is being given preference same as our fiat that we use for our daily living. Though bitcoin doesn't have a stable value the innovation is something great. So based on this things have started to get digitalized and as a part more Countries major focus is towards digitalization. When everywhere this becomes successful then bitcoin surely serves as the future money.
|
|
|
|
|
In most countries (US included), companies that trade Bitcoins onto the local currency would be regulated. More exchange companies will spring forth
Acceptance. Until and unless Buyers keep pressing / asking Merchant to accept Bitcoins, merchants will be oblivious to the demand. If you walk into a store and ask if they accept Bitcoins and they answer No, this is the expected answer. Repeat this scenario with 10 other Buyers asking the same and the Merchant will think differently. They just might start looking at Bitcoin acceptance.
|
|
|
|
|
Show Posts
