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Forum
-> Household Management
-> Finances
amother
OP
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Wed, Jan 06 2021, 1:37 pm
Does anyone have a handle on bitcoin currency? I seems a single bitcoin is worth over $30,000. It was worth less than $1 a few years ago. What I don't understand is why this is happening. Who needs bitcoin? There are very few merchants that actually take bitcoin. Probably none of us would take bitcoin as payment. We go to a store, we pay with cash, we get our change back in cash....what's the need for this replacement system and how is it worth so much if almost nobody uses it?
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Rappel
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Wed, Jan 06 2021, 1:43 pm
It's gambling. Put money into something everyone else is interested in. Cash out before everyone else leaves. Make profit.
There is no need for a universal bit system yet, and when there will be need for one, I can promise you the international community will use something less shady than bitcoin.
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