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Author Topic: I do not understand the pessimism  (Read 794 times)
Xenophoto
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August 03, 2018, 12:57:45 PM
 #121

Most people still don't understand that the price of 7500 dollars for 1 coin is fantastic! Do you know at least one national currency with such a rate towards the dollar?)
National currencies are a country's currency. Since USA is a dominant country, they are one of those who have the most valuable currencies. Bitcoin might be really expensive for now, but you really can't compare it to national currencies because bitcoin isn't a currency of a country. It can increase and decrease accordingly without having to rely on a specific country's economy. All it relies to is the supply/demand. With this comes high volatility and zero guarantee that the coin will have value forever or have an increasing value.

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