Quote:
Originally Posted by afc wimbledon
Thanks, same basic principle though, you wouldnt dare put a large sum of money in a holding account if you couldnt be sure that in a few months roughly the same amount of money was still there, its why people in the third world were their own countries currancy is wildly unstable use the US dollar, because its value is very stable
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Yeah definitely agree on that.
I guess any transaction using crypo currencies should be instant transactions in that sense.
I don't think we'll ever see a day when Bitcoin is a widely used currency.
I do think there's something to crypto however and the technology behind it. There's at least a widely spread hope or sense that we're on to something here.
Bitcoin investment is just the manifestation if that hope and anticipation of the technology going somewhere.