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    Thread: Do you think Bitcoin is created to end the government bank notes?

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      Newbie_trader is offline
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      Do you think Bitcoin is created to end the government bank notes?

      Well, it's not that easy to paralyze the government by just a simple currency, but many of the countries treat Bitcoin as a threat as it really affects the economy of a certain government. It's the reason some countries do not accept Bitcoin nor legalize it.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      No this was created on the back of trying to eliminate the control that comes with the central government, just giving people their power back from the banks but the banks are never to be left , they tried to really understand what happened and what are the real issues that can help you gain on anything so its important to allow so many other things that works well for you the backs just want control

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Njoki (08-15-2020)

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      No but I believe in the end it will phase it off if we are truly keen in understanding how it works, and if we actually use it, bitcoin has been faught or the whole crypto workd has been marked by the traditional banks ,so much so that they want everything to be as clear , they will form regulations to stop it before it even sails

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      No, that wasn't the purpose of the existence of Bitcoin. Bitcoin is born as digital money for technology inclined individuals.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Definitely not. I still find it hard to imagine that it would rule over the fiat system. I believe the cryptocurrency will go a long way but I don't think it could replace the fiat currency.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Sendo12 is offline
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      Quote Originally Posted by Trader_Rob View Post
      Definitely not. I still find it hard to imagine that it would rule over the fiat system. I believe the cryptocurrency will go a long way but I don't think it could replace the fiat currency.
      I agree with you. Bitcoin is a digital currency and it can be used in online transactions. But it will be difficult to use it on tradition transactions especially since its value is too high.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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