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Author Topic: Bitcoin's use  (Read 109 times)
MD Milon
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February 15, 2018, 04:39:58 AM
 #21

My opinion is bitcoin was created by as digital currency, but now its used as also investment.Bitcoin is independent of central authority.lots of people day by day invest it .now bitcoin is really currency.

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February 15, 2018, 04:46:31 AM
 #22

In my understanding, Bitcoin was created as a currency an electronic form of it. But it is currently used as a form of investment. Do you think this will always be the case, and Bitcoin will never really be a type of currency?
It's not a currency as per definition by this world's standard but we can call it as a currency as it has a value although it's just a tool
for online transaction. It's unique because it has limited volume and because of that some investors who sees the increase of demand in bitcoin in the future
has invested in bitcoin as they want to store their money and watch it grow.

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MarkusIsaiah
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February 15, 2018, 05:15:33 AM
 #23

In the near future bitcoin will one of the legit currency that can be use for transactions and payments. Because it has no taxes and low fees thats why many people using bitcoin for their investment. Bitcoin also is safe and secured so many people are trusting bitcoin to hold their investment.
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February 15, 2018, 05:18:47 AM
 #24

Do you think this will always be the case, and Bitcoin will never really be a type of currency?
It doesn't matter anymore if bitcoin is use as a currency or investment. It suddenly went out that bitcoin is a good investment when the price starts to increase so this is due to the market demand of bitcoin. And I don't mind if most of us here are treating bitcoin as an investment and not a currency. But as a cryptocurrency, it's already good again to be use as a payment form as the fees are starting to decrease again like before.

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February 17, 2018, 02:57:59 AM
 #25

Bitcoin is a digital currency used to pay for a variety of goods and services. In many ways, it works the same as paper money with some key differences. Although physical forms of Bitcoin exist, the currency's primary form is data so you trade it online, peer to peer, using wallet software or an online service
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February 17, 2018, 03:52:58 AM
 #26

In my understanding, Bitcoin was created as a currency an electronic form of it. But it is currently used as a form of investment. Do you think this will always be the case, and Bitcoin will never really be a type of currency?
It doesn't matter anymore, bitcoin as a form of investment or a type of currency it all depends on how is the user using bitcoin on how he's really happy with it. I will use bitcoin as it is while adding some feature that can also give me some profit when the right time comes. Just use bitcoin in the legal matters and that's the most important thing.

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