If Cryptocurrencies like Bitcoin are supposed to be an alternative form of currency then why do people treat it like a stock and sell it for cash? Isn’t it acting more like an asset than it’s own currency?

Basically the title. Im 100% behind the idea of getting rid of govt backed currency but the way I see bitcoin is more akin to buying stocks and than a whole new form of currency. Is there a bigger picture Im missing? Thanks !



Submitted March 22, 2018 at 11:28PM by FC3BreakinKnees http://ift.tt/2FUVYqp

Comments

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

Day 9: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. Have you done your part?