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- "There is a common belief that in order for bitcoin to thrive, it must become widely adopted as a form of payment. That is not correct. Bitcoin will never be a money substitute for the consumer mass market. It is too slow, expensive, and volatile for that purpose. Stablecoins will fill that purpose. That's why we invented Tether. And that's ok.markets.businessinsider.com/currencies/news/bitcoin-will-never-be-form-of-pay…
- People also ask
Here's Why Bitcoin Will Never Be a Form of Payment, According …
WEBFeb 26, 2021 — "There is a common belief that in order for bitcoin to thrive, it must become widely adopted as a form of payment. That is not correct. Bitcoin will never be a …
- Founder: Thomas Greaney And Finanzen.Net
Will Bitcoin Ever Be Accepted Widely as a Form of Payment?
WEBMay 6, 2021 — Yes, More Companies Will Accept Bitcoin as Payment If Its Value Continues To Appreciate. Bitcoin may become more appealing than the dollar to some companies, …
Will Bitcoin Become A Currency? Not A Matter Of If, …
WEBSep 7, 2021 — The first question we must answer before we even consider if Bitcoin will become a widely accepted and used form of money is if Bitcoin is, in fact, a good form of money.
Bitcoin's Evolution Into A Legitimate Form Of Money - Forbes
WEBAug 29, 2023 — Bitcoin's BTC 0.0% utility as a store of value is underpinned by its scarcity, decentralized nature, and potential for long-term growth, distinguishing it from traditional …
Almost no one uses Bitcoin as currency, new data proves. It’s …
WEBJun 22, 2023 — These findings confirm 2022 data from the US Federal Reserve, showing just 2% of the adult US population made a payment using a cryptocurrrency, and Sweden’s …
The Crypto Question: Bitcoin, Digital Dollars, and the Future of …
WEBJan 17, 2024 — Nevertheless, some businesses accept bitcoin. Experts say stablecoins could be more effective than other cryptocurrencies as a form of payments.
Will Bitcoin Ever Become Useful Currency? - Money
WEBApr 9, 2024 — Between the volatility of bitcoin prices and the high fees required to trade coins between parties, it’s not economically feasible to use it as money given current …
Bitcoin After 2140: Differing Views On The Future Of The ... - Forbes
WEBMar 28, 2022 — Rather, everyone will have to pay fees to move Bitcoin due to the fact it will be the most widely accepted global money. Still, as outlined, this has important …
The Future of Bitcoin is Complicated | TIME
WEBOct 22, 2021 — The answer is complicated. Bitcoin will hardly topple the dollar or other major central bank-issued currencies, but its technology will change how we conduct …
Why Countries Should Embrace Bitcoin Instead Of …
WEBDec 18, 2022 — Bitcoin brings with it a full payments stack without needing help from a nation-state bloc to implement, allowing a country to become truly independent of any of the polar powers in the world.
Letter: Why bitcoin can never be a reserve currency - Financial …
WEBDecember 14 2020. Ruchir Sharma speculates that bitcoin could replace the dollar as a reserve currency (“Will bitcoin end the dollar’s reign?”, Opinion, December 10). There …
Will Bitcoin Ever Be an Effective Medium of Exchange?
WEBDec 6, 2023 — He recognized bitcoin as an increasingly-valuable asset but was curious about its potential to become a more widely-accepted form of currency, beyond its …
Cryptoverse: 10 billion reasons bitcoin could become a reserve …
WEBApr 12, 2022 — A crypto platform's pledge to amass $10 billion worth of bitcoin to back its own "stablecoin" is firing up the market. It's part of a wider movement to crown bitcoin as …
What Will Happen to Bitcoin in the Next Decade? - Investopedia
WEBJul 2, 2024 — Key Takeaways. Bitcoin is most likely to remain popular with cryptocurrency speculators over the next decade. Bitcoin the blockchain will probably continue to be …
Bitcoin Is on the Path to Becoming the Money of the Future
WEBJun 6, 2023 — The future of Bitcoin holds immense potential. As adoption continues to grow, Bitcoin has the potential to become a widely accepted medium of exchange, store of …
How And Why Bitcoin Could Become A New Reserve Currency
WEBJan 20, 2021 — We've explained how bitcoin could become a reserve currency in theory, but why exactly would it? Are there any potential catalysts? Every currency trades in pairs.
Will Bitcoin Ever Be Accepted Widely as a Form of Payment?
WEBMay 8, 2021 — In March, Elon Musk announced that Tesla would allow customers to purchase its electric vehicles using bitcoin -- but will other major brands follow suit? Will …
The Pros and Cons of Accepting Bitcoin as Legal Tender
WEBBearing in mind the restrictive nature of conventional fiat systems and the flexibility that Bitcoin offers, it is safe to say that accepting Bitcoin as a legal tender provides an …
Why Do Bitcoins Have Value? - Investopedia
WEBApr 10, 2024 — As Bitcoin has also become accepted as a medium of exchange, stores value, and is recognized as a unit of account, it is considered money.
When Will Bitcoin Achieve Mass Adoption And Is It Even Possible
WEBMar 7, 2017 — It is likely that Bitcoin will simply become gradually more accepted at various places around the globe, as the general public catches up and generates demand for …
Bitcoin As Reserve Currency – A New Geopolitical Force - Forbes
WEBJul 29, 2024 — Bitcoin can shape the global world order by becoming the de facto reserve currency. Exploring the role of bitcoin as reserve currency in an increasingly complex world.
Bitcoin may soon hit six figures regardless of election, investors say
WEB9 hours ago — Bitcoin has traded between $55,000 and $70,000 for most of 2024, after reaching its all-time high above $73,000 in March. Investors have widely expected the …
How can bitcoin become money if it is too valuable to spend?
WEBMay 22, 2021 — People who argue for bitcoin as the future of money like to say that, unlike the dollar, there is no central bank that can answer for bitcoin or screw it up. But there is …
ALPHA HOUR EPISODE 749 | I WILL TESTIFY - Facebook
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