Encyclopedia of Opinion
Question

Is Bitcoin the future?

Since its inception since 2008, the world has looked at Bitcoin with cautious fascination. In 2013 Bitcoin started to generate interest as investors and buyers explored the possibility of Bitcoin emerging as the predominant international currency. The bursting of the Bitcoin bubble several years later did much to dampen its outlook but is Bitcoin the future of money?

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Yes, Bitcoin is the future

The decentralized and incorruptible nature of Bitcoin offers it an advantage over conventional fiat currencies that will eventually see it emerge as the predominant international currency.

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No, Bitcoin isn't the future

Bitcoin lacks many of the characteristics necessary for a currency to function. It holds no inherent value, offers no stability as a savings tool, and has no liquidity for use as a purchasing vehicle.