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Can bitcoin become a global currency | Nigerians decry increase in prices of medications. Such traits make more individuals and institutions trust and love Bitcoin. This enables complete information about user transactions and their corresponding values such as purchase amounts and the time of the transaction. The cryptocurrency system is a peer-to-peer one. You can opt-out at any time. Sign up. |
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Peter Zeihan: Bitcoin Is NOT A Global Reserve CurrencyBTC is legal "currency" in a same way as casino chips are. That means currently its only legal because eventually you convert it to legal currency at the end. Across the world, money has been locked away�restricted from being used to its full potential. Yet, these restrictions are not due to money. Bitcoin's potential as a reserve currency depends on stability, widespread acceptance, and reliability. Its acceptance and adoption may vary.
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