I'm just interested on how people see bitcoin. I use it as both a currency and an investment. I spend it on daily things such as airtime and at the ATM here in south africa however I like to keep some aside in the hopes it shoots to the moon.
How do you guys view Bitcoin and why? also which do you think is more beneficial?
it could be used as both . for instance you can use it for transactions and you can also save it till the prices have risen then spend.
when i was trying explain to my dad i told him they were shares. the prices can drop and rise at any time. that when he want to withdraw(spend or covert to cash ) he can at any time . but its better as an investment cause later in the future it will cost more than the price you bought it .( it has its return on investment) till now my dad didn't get it he started saying the money can't be on the internet that its a scam. i don't blame him much we are Africans. we hardly believe things without tangible proof....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I live in South Africa and I am one of a few people that actually use bitcoin , however in major cities such as Cape town there are Bitcoin ATMS and general stores that sell and accept bitcoin but most of the people here refer to it rather as an Investment as they hope to make more money by selling in down the line
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i stay in Nigeria
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I literally just finished a meeting with 2 nigerian brothers. Might be travelling there soon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
BTC is both transactional and speculative.
The two dynamics will be searching for equilibrium through the endless horizons of eternity.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @jeff101! You have received a personal award!
Click on the badge to view your own Board of Honor on SteemitBoard.
For more information about this award, click here
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @jeff101! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - France vs Belgium
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @jeff101! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Upvoted you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit