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Bitcoin Forum / Re: Bitcoin a revolutionary currency?
« on: February 11, 2024, 05:13:33 PM »QuoteBitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. Instead, Bitcoin uses blockchain technology to support peer-to-peer transactions between users on a decentralized network.
Source: https://www.nerdwallet.com/article/investing/what-is-bitcoin
Does this mean that Bitcoin is a revolutionary form of digital money?
Is this the reason why some governments don't accept Bitcoin legally?
Well I can say smoothly that this is one of the most recurrently discussed topic on any Bitcoin section, Anyway I think Bitcoin in sometimes really hard to judge as a payment mode, I know I'm going off track but the question OP asked everyone has his/her own exposure to that.
While on the same time in same context proving Bitcoin as payment in the congested network crisis is really hard but Bitcoin was meant to be the decentralized P2P payment mode not just a liquid assets class.