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RE: Bitcoin is NOT money Yet, Could it become Money or Will it go "Bust"?

in #cryptofr7 years ago (edited)

Hi @vlemon , interesting post as always :) In my view, Bitcoin cannot be considered "money" yet because of its fees, volatility and highly speculative value. Most people are in Bitcoin to hold and are reluctant to spend their coins because they fear missing out on a 10x return. Maybe futures will bring the stability/liquidity Bitcoin needs to really become money.

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Hi @tradealert, It is nice seeing you around. I can only agree with you and as you follow me, you know that I prefer altcoins but massmarket only heard about BTC.
Take care.

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