Posted April 29, 2016
bitcoin is a financial currency.
The money, unlike the goods, have a value because there is an entity that ensures that value. For the national currency, it is the nation itself.
As we saw in Italy, financial speculation can ruin entire countries ... the bitcoins are nothing more than money, "protected" by the financial market (in practice subject to enormous speculation).
One day a bitcoin can be worth 1000, the day after 0.1. There is no nation that guarantees its value over time.
Investing in bitcoins is risky, it's like playing the stock market.
Furthermore, bitcoins are used for criminal activities seen that no country track them, and the owner is anonymous.
Steam support bitcoins for me is a negative news.
The money, unlike the goods, have a value because there is an entity that ensures that value. For the national currency, it is the nation itself.
As we saw in Italy, financial speculation can ruin entire countries ... the bitcoins are nothing more than money, "protected" by the financial market (in practice subject to enormous speculation).
One day a bitcoin can be worth 1000, the day after 0.1. There is no nation that guarantees its value over time.
Investing in bitcoins is risky, it's like playing the stock market.
Furthermore, bitcoins are used for criminal activities seen that no country track them, and the owner is anonymous.
Steam support bitcoins for me is a negative news.
Post edited April 29, 2016 by LiefLayer