Is the Bitcoin effective as money?!

Is the Bitcoin effective as money?!

By alberdioni8406 | S.O.S | 22 Jan 2020


When we go back in time, we'll see the really purpose of the Bitcoin creation, Satoshi dreamed with a world where anyone could become his own Bank, and be able to store value privately, without having to declare it, from anyone or Institution!

He really reached the Prominent project, and Bitcoin become the first and well known digital asset in the whole world, but same time, his plan of a p2p electronic cash didn't go that well!

We, the crypto lovers and enthusiasts, will be glad to offer this awesome asset, but because no decentralized infrastructure was following the developments of the asset, the Dex world imagined by Nakamoto is tied up with Central exchanges and Institutions, and in 10 years in the Market there's still so much to be done!

The p2p electronic payment system is not a reality, the payment fees are high and transactions very slow ... devs can't integrate the Lighting Network but the most approximate asset with can be the really intentions from Nakamoto plans is Bitcoin Cash BCH.

Also the lack (despite having some around the globe) of worldwide merchants accepting Bitcoin, the "Digital Gold" is not effective as money, and with the entrance of Institutional money into crypto the system crypto-to-crypto will be extremely difficult, as they investing will want their returns in Fiat that's more effective in daily routines.

There's still a long way to be conquered, as a crypto lover I dream with the day I will  be able to purchase daily basis things using Crypto, no Fiat currency involved.!

I am a believer, and that day will happen.

How do you rate this article?

0


alberdioni8406
alberdioni8406 Verified Member

Creator and Crypto Fan. Find me also on Bastyon here: https://bastyon.com/alberdioni8406


S.O.S
S.O.S

All about life.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.