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RE: WIN 500 SP - DISCUSSION: "Should Bitcoin Just Be a Currency or Store of Value?"

in #bitcoin7 years ago

I do not think Bitcoin will be considered as a store of value as the vast majority of the global population believes only in gold , silver and precious stones , as it has proven over the ages to keep there value as hundreds of fiat currencies has perished .

Bitcoin is already a currency as it is recognized by all those who own and want to own it, and its being used and accepted as a medium of exchange .

The world population was estimated to have reached 7,500,000,000 on April 24, 2017. If you take the percentage of crypto users and believers on that figure there is still a lot to do in marketing and explaining what digital currency is, as i am pretty sure there is a couple of governments that would not want this to work as they will not be able to collect Taxes as they used to do .
But the future looks bright in crypto and I am so glad I saw this opportunity.

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Good points. I suppose ultimately you can't make anything out of bitcoin in the physical world.