Nobody uses Bitcoin for transactions they just use it as a speculative asset. There are better cryptos for actually using as a currency but crypto bros don't see that they just see the value which is ironically in dollars
(In before "actually some people have used Bitcoin as a currency" as that's a tiny fraction of what's happening on the exchanges)
That's correct. It's not being used as currency as much. It's more of an asset that will appreciate in value given the current economic climate and the inevitable future demise of the legacy currencies.
I keep hearing about it and yet BTC is decentralized, limited and encrypted which would make the worst CDBC there is. If anything BTC will assume a much more important role as an alternative currency once the legacy currencies like the USD are rebooted to CBDC. Let's face it, as much as I love gold, we're not going back to the 1600's.
Ok boomer. The USD is the real shitcoin controlled by the Fed and their money printer, while BTC is the future.
Nobody uses Bitcoin for transactions they just use it as a speculative asset. There are better cryptos for actually using as a currency but crypto bros don't see that they just see the value which is ironically in dollars
(In before "actually some people have used Bitcoin as a currency" as that's a tiny fraction of what's happening on the exchanges)
That's correct. It's not being used as currency as much. It's more of an asset that will appreciate in value given the current economic climate and the inevitable future demise of the legacy currencies.
That does not make Bitcoin the future, although it probably is because it will transition nicely into the digital slave prison envisioned for us
I keep hearing about it and yet BTC is decentralized, limited and encrypted which would make the worst CDBC there is. If anything BTC will assume a much more important role as an alternative currency once the legacy currencies like the USD are rebooted to CBDC. Let's face it, as much as I love gold, we're not going back to the 1600's.
False dichotomy.