Today everyone knows the name of Bitcoin ( $BTC ) . Earlier it was popular only among tech experts and investors, but now it has become a digital gold. But is it only for investment? Or can we use it for coffee, shopping, and daily payments?
Today's situation
Today people keep Bitcoin mostly as a store of value - that is, they save it for the future, like gold. But when Bitcoin was created, it was designed as a digital currency, providing a way to send and receive money over the Internet, Not just holding ?
โคโ๐ฅ What is needed to Make Bitcoin a Real Medium of Exchange
๐ธ More people and businesses should use it โ When more shops and people accept Bitcoin, then it will be easy to use it.
๐ธ Simple Tools and Wallets โ Wallets and payment apps should be simple, secure, and fast that any beginner can easily understand and use.
๐ธ Fast and cheap transactions โ Sometimes the fees are high or it takes time. Solutions like Lightning Network are solving this problem.
๐ธ Government rules should be clear โ If governments make clear and positive rules, then people will be able to use it without fear.
๐ธ Price should be stable โ Bitcoinโs price goes up and down very quickly, which makes people hesitate to spend it. To fix this, we need auto-conversion to stablecoins, better tools to reduce price risk, and smarter pricing systems.
If all these things happen in the right direction, Bitcoin can become a powerful payment systemโfast, safe and usable in any corner of the world.
What do you think about this, let's start discussion into comment box ๐ฌ
