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RE: The Truth About Money, Banking and Government... And Why Crypto Could Change Everything

in #bitcoin7 years ago

yeah right now bitcoin is still being treated like a speculative asset rather than a currency. Most people are buying it to trade on it rather than use it to buy goods and services. Until this changes where people start using it to buy real world good nothing will change. When you have a large amount of people constantly using bitcoin for transactions to procure goods and services this will ultimately cause a decrease in volatility which is where bitcoin can start being a currency rather than a speculative asset. Most important thing for any currency is to be a store of value, bitcoin has not reached that point yet. When its starts getting there you will see mass adoption

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