Bitcoin failed as a currency

[handsomes]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

its not true because bitcoin is currency that any time any day or months the value is change because of industrial Do you think the bitcoin soon failed because of the currency ofcourse no this is a phenomenon that value of bitcoin can't failed.

[pushups44]

Bitcoin is still in the process of development and some people just want quick results. Sooner or later scaling was bound to become a roadblock for many blockchain projects. Bitcoin is tackling that problem head on right now.

[wave1002012]

I think bitcoin failed as currency because of its volatile characteristics and its really difficult to buy when the value of money we are using as payment is changing and also the transactions is dependent on internet connection.

[xiahui135]

bitcoin is an asset like gold.
bitcoin is not a currency.

[saumang2m]

I do not agree with bitcoin because bitcoin is a crypto currency and in this time only a few people have understood and used this currency but in the future Bitcoin currency will become so popular. That all people will start using this currency in their daily transactions.

[thanhdat031]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

I think bitcoin cant failed as a currency because how comes that the company of bitcoin will be failed, they are the demand business in this industry because they are the best and  all requirements that investors or what is looking for or finding is in the bitcoin company so there’s no reason to failed them as currency.

[dear53]

NO i think bitcoin is one of the best and trusted currency in the whole world. Most of the country use bitcoin now. It is a trusted name in online. The price of bitcoin going to ups and ups day by day. I am very happy with it. I seen that many people change there life with it. It is a very powerful currency in online. There are many more currency in online but i feel safe with bitcoin. I am not think about like this that bitcoin failed as a currency.....

[Usafstar]

I am thinking that bitcoin is still growing and good as a mode of investment and now a days people are doing well in the crypto market as we know that it is volatile but still the people are getting profit in this market i would love to hold my investment as this currency will become more famous once adopted by big countries.

[Marcelini]

Yes Bitcoin doesn't have enough uses in real life. Maybe it isn't that good as a currency, but it's still a verry good investmentproduct.

[Capradina]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

I think it's hard for Bitcoin to be a currency.
this is due to the high Bitcoin vitality and bitcoin prices that change every minute, this problem making it difficult for traders to determine the price of the goods they sell.

[sangungaji]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

I think bitcoin is not fail as a currency, because I see bitcoin is growing. I am sure in the future, bitcoin will dominate and as a currency
.

[bravehearth0319]

I think its just how people sees and gain from it. We don't want to be someone who disregards people because its conflicting our views. People gain a lot from investing in Bitcoin and I think its good and better as long as people are becoming satisfied with what they do. And its not like that people are not using Bitcoin as currency, Bitcoin is still used as currency and its not just as prominent as investing is. Long story short, let people be successful in ways they want, as long as its not affecting something. In Bitcoin's case its not hurting Bitcoin to be a investment rather than a currency.

[alvinmtp]

I am believe that many central banks wont bitcoin become currency. If bitcoin to be currency, central bank can not print money like they want and I am believe inflation hard to increase.
But many obstable to make bitcoin as currency, like bitcoin using decentralized system and every country have different economic growth. Like twitter ceo said that bitcoin can be single currency in internet

[ehrz22]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

I think it's hard for Bitcoin to be a currency.
this is due to the high Bitcoin vitality and bitcoin prices that change every minute, this problem making it difficult for traders to determine the price of the goods they sell.

You are right, I think this is the main reason why bitcoin still not considered as currency, but a lot of people consider it as digital currency. Soon maybe we can hear news about what really a bitcoin is.

[darklus123]

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

i agree. Sadly we have to be in this situation because the platform is currently not capable to handle a huge numbers of users in its current huge number of rate. In the end we can't process bitcoin now the way it use to be before so in the end since it still a very good asset then people were just going on to this mindset

[idex100]

Eventually there will be enough adoption of bitcoins to make it a household name to every merchants.Those who do not accept it by then will be at a disadvantage.By then,the volatility issue as well as delays in transaction will have been solved.For now,bitcoin is not doing so well as a currency,only as a speculative tool.

[BILGPS]

I don't think so that bitcoin is failed as a currency but still bitcoin is using for investing much of the people capital and it is good to know that bitcoin is good for long term investment and the investors are from across the globe and many people are become  the companies owners they are looking for the space to which they will use crypto for company usage and mode of payment as well.

[barcelona 94]

Right now BTC enthusiasts don't use it for payments.This has made prices volatile making it ineffective as payment medium. So the greed has to end if we want to see it competing with options like PayPal.

[uv828]

It's a good investment imo.

[mia khalifa]

apparently not, bitcoin has succeeded in becoming a currency and bitcoin can be used for anything and used for some payment methods available on the internet, bitcoin is very suitable to be a long-term investment.