jewelry chain bulk wholesale Is Bitcoin the ultimate alternative of traditional currency or a bubble of a flash?

pre sterilized body jewelry wholesale Bitcoin has attracted much attention since its birth. This virtual currency is a product of the development of the times, but compared to traditional currencies, it has a limited number and does not have the multi -facetability of traditional currencies. Currency is more like a bubble.

. The number of Bitcoin is limited. It cannot replace traditional currency
The upper limit of Bitcoin is 21 million, while the global population has more than 6 billion people. It can be seen from this that the number of Bitcoin is not enough. And assuming that Bitcoin replaces traditional currency, then Bitcoin will only be in the hands of a few people and cannot be circulated on a large scale. You know, currency is liquid. If a currency cannot be widely circulated, the currency cannot generate value. In this regard, Bitcoin cannot replace traditional currency.
. Traditional currencies have multiple faces, while Bitcoin does not have
The traditional currency has a variety of facial values, so it can easily conduct peer transactions during people's transactions. Bitcoin is based on the currency obtained by a specific algorithm. Each currency is the same price except for different characters. But products are diverse, and the price of each product is different. If you use Bitcoin to replace traditional currencies, then you will fall into a situation of making up difficulties, which will make people feel inconvenient. Therefore, Bitcoin is not suitable for traditional currency.
. Bitcoin seems to be a foam at present
, although each bitcoin is unique, in a sense, the currency is really safe. But at present, many countries do not recognize this currency, which also makes Bitcoin illegal in many countries. Therefore, the current price of Bitcoin has been fired, which means that someone is recognizing the value of Bitcoin. But one day people no longer recognize Bitcoin, then Bitcoin is just a string of characters without any value. It is precisely because of this that the current popularity of Bitcoin is like a bubble, which is very risky and there is a possibility of collapse at any time.
In general, Bitcoin cannot replace traditional currencies, more like a bubble of a flash.

atlanta georgia wholesale fashion jewelry Of course, it is a bubble in the pan, and it is impossible to replace traditional currency, because the number of Bitcoin is limited.

buy wholesale gold filled jewelry This is a bubble of the pan, because I think this is just a rare phenomenon, and this phenomenon will not last for a long time.