Re:Bitcoin Surpasses $4,000, Reaches Another Milestone
by runeks on Sunday August 13, 2017 @08:22AM
(#15002621)
Bitcoin is designed to be a decentralized store of value. A form of money that belongs to the people, as opposed to the banking sector.
That being said, I don’t think Bitcoin will become truly relevant (to the average saver) until either a) inflation picks up to a worrying degree, or b) negative interest start prevailing. When/if this happens, the advantages of a decentralized monetary unit will become obvious.
That being said, I don’t think Bitcoin will become truly relevant (to the average saver) until either a) inflation picks up to a worrying degree, or b) negative interest start prevailing. When/if this happens, the advantages of a decentralized monetary unit will become obvious.