Q. Can bitcoins be used like actual currency?
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Can bitcoins be used like actual currency?


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Jun, 2018

Cryptocurrency
 100.59 q
1 Answer
  • highhopes

    No, In near future, Bitcoin will be treated as Net Worth or Assets. Will be treated as surety.

    But Altcoins, be used as fiat currency to do any financial deal.

    BTC price will be very high . Altcoins will play the role of BTC and they will be altered with fiat currency.


       

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Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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