Just a good topic to consider. I know its been discussed before.
Since Bitcoin was created for to be used as a Peer to Peer currency system etc
seems more that cryptocurrency is used for more the investing aspect on value with FIAT
Really I ask, when did this concept start with using crypto to invest to get more FIAT
Why Did it happen this way?
What started having that value ? crypto into FIAT
I know in some small places or cases it is being used as a currency eg Venezuela etc.
anyways hope to hear some good responses.
Bitcoin did really start off as a peer to peer but since there are no merchants that are willing to accepts bitcoin it evolved and was placed inside exchanges as an object of trading and investment. But we cannot blame bitcoin for that since bitcoin was not a flaw but rather the community is not yet ready for bitcoin to be on the mainstream.