and other currencies are "fiat" money. It can take days to complete a single transaction. Put another way, would you accept. USD, satoshi BTC, bTC 1 440.09, uSD. CBTC (bitcent) 10,000,000 Satoshi.,000,000 Satoshi.00000000, dummy-proof explainer videos enjoyed by over 100,000 students. But it's possible, though I think unlikely, that they could become more widely used in the future as a medium of exchange. It still doesn't change the fact that Bitcoin has not been adopted as a useful, stable currency. By then, the cup of coffee you're trying to purchase is stone cold.
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The price will eventually reach a peak that motivates Bitcoin owners to sell. Bitcoin as payment wie kann man als jugendlicher geld verdienen for a car you were selling if you had to wait 60 days to convert it to dollars? It has no intrinsic value. When enough sell, the price will start to drop. Bitcoin fanatics will take issue with all of the above. In other words, there's nothing backing the value of currencies today, like gold once did. And this is a critical limitation to understand. It is updated live as soon as you enter the value of Satoshis you require. Is Bitcoin a bubble? Is, bitcoin a store of value?
It somehow gives the "investment" an air of sophistication. Gold apologists love to describe the precious metal as a store of value. Dollars, not Bitcoin, thank you very much) on how to make millions in digital currency. You can click the refresh button to get an updated value at any time. Pain and anguish for many will be the result. Bitcoin to a currency is like comparing lightening to a lightening bug (apologies.