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RE: 5 reasons why bitcoin is 'not an asset class', nor 'a suitable investment'... (possible click bait)

in SteemLeo5 years ago

It certainly makes you rethink what "currency" means... and it strikes me pretty much all cryptos have wandered rather far from the original ideology of being alternative means of payment for goods and services as part of a borderless way to bank the unbanked. The idea of investing has supplanted using it as money to such a degree that it's actually getting harder to find things you can buy with BTC and alt coins. Sure, there are debit cards, but aren't we missing the whole point when we have to "translate" the coins into fiat in order for them to be useful?