Views : 5,034
Genre: Science & Technology
Date of upload: Apr 26, 2021 ^^
Rating : 4.298 (30/141 LTDR)
RYD date created : 2022-01-19T11:10:19.986592Z
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Top Comments of this video!! :3
This is interesting because it's not what I thought it was. I thought it was an online currency where the value was evenly matched with your national currency such as dollar for Bitcoin or somewhere in that range. I didn't expect it to be thousands of dollars for one Bitcoin, so it looks like to me if I understand it right, it's an investment into it like a stock or gold. Without the government or bank being involved or needed. I was going to say like diamonds but of course you can wear diamonds etc so they have more use than simply as an investment. So to me it looks like this is something you're going to use for investments that at some point you cash in or use for high expense spending such as a Tesla or a home. If that's correct, I don't see the middle class especially the lower class of course getting involved with it because it's not at their level of investment. obviously I could be wrong
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@nathaliecamp2630
3 years ago
With the current increase in the market I see Cryptocurrency as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions
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