Just though to pitch this question and have this video where it's asking that question. My opinion is gold 2.0 because it's not working as a peer-to-peer currency. It's just functioning as a store of wealth. Is there any other use case beyond this that it's actually being used for (practically speaking)?
Is bitcoin going to be gold 2.0, an actual peer-to-peer currency, or something else?
byu/slimboyfat510 inBitcoinBeginners
Posted by slimboyfat510
4 Comments
also posted this question on a video: [https://youtu.be/DssKrOt4Q3E](https://youtu.be/DssKrOt4Q3E)
It totally is a peer-to-peer currency. I buy all sorts of stuff from individuals around the country directly from my wallet to theirs. It’s also THE global currency at the moment. I just came back from abroad and bought all my groceries with BTC. No credit card fees, no foreign exchange fees, and if it’s peer to peer, no taxes.
Bitcoin seems to be whatever anyone wants it to be and changes with wind
It works as a payments technology right now. You can use it at thousands of merchants, many with Square terminals, but others, too. It’s only a matter of time for the number of merchants who accept it to grow as they realize the credit card companies are ripping them off.