Reply To: Bitcoin Going Mainstream

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#1949724
Yserbius123
Participant

@the-shady-charedi I’m sorry but that’s just wrong. The value of BTC primarily comes from investors, not from its value as currency. Unlike cash which is accepted as legal tender, there are very very few places that accept BTC for payment. The long wait times, the fluctuating prices, and the general user unfriendliness of BTC are all major obstacles that prevent it from replacing the dollar any time soon. If I want to buy something for 20$, by the time my transaction of 0.00038449042 BTC gets entered in the ledger, the price could jump 20% causing me to spend an extra 5$.