Bitcoin Thoughts Right Now

in bitcoin •  5 years ago 

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Bitcoin Thoughts Today

Like Bitcoin, it can be used as an alternative mode of payment. As of now, it's really difficult to replace fiat and it's much easier to make small payments using fiat. But bitcoin excels when sending payment across borders without limit, from anywhere, without having an intermediary that logs everything you purchase or transact. It's not the use case for bitcoin to replace small payments as of now because of slower transactions and volatility, but in terms of it being an investment and medium of payment for larger amounts is where I think it can be used.

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