Bitcoin Forum
October 01, 2024, 07:25:24 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency, a Decentralized digital currency or commodity on: April 25, 2023, 06:08:06 AM
Recently, I have begun to wonder on the crypto market volatility and how this Cryptocurrency in general is called a Decentralized digital currency . From another point of view which will be analysed here, I see Cryptocurrency as a digital commodity that functions as currency in some cases.
The fluctuations/volatility in the crypto market is unpredictable and Base on this fact, it becomes nearly impossible to make payment with most of the cryptos aside the stable coins. What happen if you send $100 worth of bitcoins to someone and the price dropped within a short period of time, though there are times it might rise and become an advantage to the receiver.

Whichever way it occurs, can this Cryptocurrency be referred to as Decentralized digital currency or Decentralized digital commodity base on the market volatility.

All crypto enthusiasts, come and relate your view base on your many years of experience.

stop tryna act cool by using those tech words
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!