Has No Base Judgements, Not Worthy Of Being A Tool Of Bitcoin Exchange Rates

in bitcoin •  7 years ago 

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The phenomenon of bitcoin steals the attention of today's society. How does bitcoin, known as the digital currency's value has surged several times fold. Hence, worthy of kah bitcoin becomes an Exchange or investment?

It turns out that is not viable as a bitcoin currencies as well as investment tools.

If the currency that we know the cash, or it could be a hard case with a card. Now it's different and includes investment Bitcoin umbilical hernia

bitcoin is not worthy of being a tool of exchange rates because it does not have a basic assessment (the underlying). It is different with the money generally used today.

the history of the formation of the money initially the presence of United States dollar (us) could not escape from any warranty gold.

"Now how the history of the formation of money, dollars, dollars. First money created it should be supported or backed up by gold, silver or precious metal can and others. Any money circulation say u.s. dollars, it is The Fed save gold. The more money in circulation more gold stored. So people who hold money it believes that it is worth the money

Along with the development of the times, gold was unable to be the money. Therefore, the basis of assessment money turned into a country's economy.

"So the currency or currency that was backed up by belief. Against what? Kepercayaaan on the economy of a country. In short, if the economy improves, the rupiah strengthened

It was very different from the bitcoin with absolutely no assesment. That's not to mention the value of very volatile so it's not bitcoin qualify as currency.

One more volatile or volatile bitcoin. Absolutely does not meet sayarat as currency

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Keep this up, Followed you for more :)

thanks for the information

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