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what do you think about bitcoin?


Rayhan20
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what do you think about bitcoin?  

19 members have voted

  1. 1. Bitcoin

    • Bright future
      10
    • No future
      9


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Bitcoin will maintain its status for a long time as the "NAME" of Cryptocurrency. It is like calling a soda "COKE". It doesn't matter if the drink is Pepsi, Crown Royal, or even 7up. The term "Coke" is used because Coca Cola is such a well known brand and flavor all other sodas are named after in general conversation. This can be seen in many other products like "Kleenex", "Band-Aid", etc.

As a Cryptocurrency, I agree there are many other great opinions that are providing more and more benefits. However, there is a point where the benefits vs the use are becoming a problem for the market.

The value in cryptocurrency isn't what it can do, but can it be adopted and used as an actual currency. There needs to be a point where we slow down on the evolution of what it can do, and just use it. Paper money, check books, debt/credit cards, etc. have a limited use - they are some form of a medium to transfer wealth and are used to buy and sale goods and services.

 

I do think cryptocurrency has a future as a whole, but I feel it needs to be focused. Other nations like China are making amazing leaps in alternative mediums used to buy and sale goods and services.

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