What is your opinion about cryptocurrency? Would bitcoin is the future of digital payment system? | Sololearn: Learn to code for FREE!

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What is your opinion about cryptocurrency? Would bitcoin is the future of digital payment system?

Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator.

11/16/2017 5:28:40 AM

Aaron

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Yes, it is, and is a time of glory of bitcoin. Bu there are two problems. The first , the bitcoin is not standard accepted over the whole economy. This means, way of using bitcoin for businness transcaction 1)get money from own providers, 2) change this currency into bitcoin 3´) send as bitcoin, 4) on the other side change bitcoin into currency 5 pay other providers The second problem, quick large changes of bitcoin curse. This is not good for standard economy, more for speculations