Bitcoin Forum
June 30, 2024, 05:17:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Uses of bitcoin  (Read 77 times)
Phebz (OP)
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile
April 06, 2018, 05:26:45 AM
 #1

There are two reasons bitcoin is used: 1) medium of exchange and 2) store of value. For bitcoin to gain more traction as a medium of exchange (i.e. buying goods for the value of a currency), less fluctuation is better for the consumer
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!