If banks let there is papers like satoshis so you have paper of 1 satoshi or paper of 10 satoshis or paper of 100 satoshis or paper of 1000 satoshis or paper of 10000 satoshis and paper of 100000 satoshis then nothing is hard.
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That is just the true fact,because what makes the whole trading in cryptocurency so unique is the fluctuations in the the market,which usually makes the price to move in a certain direction based on some certain factors.Ahhh I really doubt it.. if Bitcoin were to be in fiat then it value most definitely won't be as precious as it is at this very moment. I think it is in the beauty of it that it's in an online platform..where there is transparency and cannot be controlled by an individual or a single government.
The cryptocurency being a phsical curency would not actually get much vale the way it is right now,because the whole essence of the cryptocurency trading being virtual is the volatility and that is what makes it dynamic and unique.If crypto currency were physical coin i don't think it will be this valuable because the government will monetize it, they will have control over how many is printed. Why bitcoin is so valuable is because of it decentralized nature.
Maybe or maybe not as we know it's digital currency and changes market values so, it would not say wrong that everything that has constant state can be physical thing and can be circulate well. And because of its high prices it's not easy to take with ourselves this currency.We all know the Bitcoin is a digital e-currency that does not exits in the physical. Its simply an online virtual money. A Bitcoin recently those to $43k and I was only wondering if it would be this valuable had it been its a physical coin in circulation?
What do you think and why?
I am inclined to believe that bitcoin converted to flat currency would not have necessarily possessed as much value. The bitcoin would have lost its decentralized nature which attracted so many people to it in the first placeWe all know the Bitcoin is a digital e-currency that does not exits in the physical. Its simply an online virtual money. A Bitcoin recently those to $43k and I was only wondering if it would be this valuable had it been its a physical coin in circulation?
What do you think and why?
Considering the fact that the Bitcoin currently is one of the best crypto coin with the highest rate, even if it will be make in digital form it will still be valuable.Not really. The only thing that makes bitcoin valuable is its decentralized and digital in nature. And even if it is a fiat currency, its demand won't be so high like this which won't allow it to be this popular and expensive.
That is just the true fact about the price value of the digital currency like Bitcoin, because what makes it unique is the fluctuations and price movement in the cryptocurrency market trade,the volatility is the main interest here.Not really. The only thing that makes bitcoin valuable is its decentralized and digital in nature. And even if it is a fiat currency, its demand won't be so high like this which won't allow it to be this popular and expensive.
The fact that people are given the hope that they are totally charge of their money is what makes cryptocurrency look interesting. Everybody like privacy and bitcoin is one of the ways you can use to protect your assets.That is just the true fact about the price value of the digital currency like Bitcoin, because what makes it unique is the fluctuations and price movement in the cryptocurrency market trade,the volatility is the main interest here.
Bitcoin has this value because it is not a physical coin instead people are giving it a value, I believe if it was a physical coin then it wouldn't have this demand.We all know the Bitcoin is a digital e-currency that does not exits in the physical. Its simply an online virtual money. A Bitcoin recently those to $43k and I was only wondering if it would be this valuable had it been its a physical coin in circulation?
What do you think and why?
The thing about the whole issue of cryptocurency being very interesting is that you have the advantage of your assets growing very fast due to fluctuations and the market volatility.The fact that people are given the hope that they are totally charge of their money is what makes cryptocurrency look interesting. Everybody like privacy and bitcoin is one of the ways you can use to protect your assets.