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Author Topic: Why Bitcoin is not that good as currency?  (Read 2172 times)
naikturun
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January 19, 2020, 12:48:00 AM
 #301


There is a risk in everything but still I do not agree with the point that bitcoin is not that good as currency. I am using bitcoin from a longer time and from that time I am observing that bitcoin is much better than any other currency which the states are using for themselves. Instead of that which is said in the title I will say national currency is not that good as bitcoin.


of course not good because the price is unstable and very volatile.
so bitcoin is widely used as a futures investment or daily trading.
maybe a store or place that accepts payments using bitcoin immediately sells their instant bitcoin after receiving the payment, I don't know how they deal with it, but clearly they still accept payments using bitcoin even though the conditions are not stable.

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January 19, 2020, 03:42:21 AM
 #302


There is a risk in everything but still I do not agree with the point that bitcoin is not that good as currency. I am using bitcoin from a longer time and from that time I am observing that bitcoin is much better than any other currency which the states are using for themselves. Instead of that which is said in the title I will say national currency is not that good as bitcoin.


of course not good because the price is unstable and very volatile.
so bitcoin is widely used as a futures investment or daily trading.
maybe a store or place that accepts payments using bitcoin immediately sells their instant bitcoin after receiving the payment, I don't know how they deal with it, but clearly they still accept payments using bitcoin even though the conditions are not stable.
Most of the stores that I know, they immediately sell their bitcoin after they fully receive it into their wallet. They do that in order to secure the profit and not get a chance to lose any of their sale. They are just accepting bitcoin because they want to attract new customers, obviously the cryptocurrency enthusiasts to increase their sales.

 
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