The Bitcoin has set a fast pace of growth since its launch in the year 2008.
Will we all pay with Bitcoin someday?
NO ! First of all, Bitcoin is yet not a world currency. Bitcoin would have to be a legal tender somewhere in the world !
And second, one would have to be able to pay his taxes with Bitcoin
somewhere, but this is so far not the case.
For the same reason Gold is not a currency as well as falsely often claimed.
Even with Gold you cant pay any bills but it must be exchanged into a valid
fiat currency before you can pay any invoices with it.
In addition, the Bitcoin can not fulfill the task of being a stable valuable currency
because of its astronomical volatility.
this vid. is from youtubechannel: HDPinkFloyd, thanks to him !
You have to be able to buy with the same amount of money after 3 years
as much as you can do today.
But the Bitcoin value fluctuates at the present time too much.
Even a too large increase in value contradicts this function.
Many Bitcoin online traders and speculators are making good money with the vivid increase
and decrease on the Bitcoin value in the crypto currency trading market.
Bitcoin Mining is a very attractive income source as well for those
who have the funds to invest
into very expensive hardware equipment to mine the Btc.
But for folks that want a share of the Bitcoin Gold Rush without
investing thousands there is a way to get on the Bitcoin Track !
I am an Independent Promoter and Sales Partner of Usi-Tech Bitcoin mining and trading
If you like to know more about mining for small budged investment
Im also Independent Crypto Trader on Bitrex,Etoro, Bitfinex to name a few.
NOTE :(I claim neither credit nor ownership of the above image and any video content)
Special thanx i want to express to the Steemit Agents adm, seraph and steemcleaner
for down voting and flagging my own content created post from 8 days ago
