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Can Bitcoin Replace the US Dollar?

From dailynewsegypt.com

Humans have always created a form of money to serve as an exchange for goods and services. People have used rocks, metals, paper bills, and gold as money. Now, we have bitcoin as a digital currency picking up pace. Many people have asked whether bitcoin can replace the US dollar as the world’s global currency. First, what are some of the features that money should have? They are: Money should be divisible into smaller units for payments. People must find it easy to transport money. It should not be counterfeit or replicable. Money must not wear away as time goes on. It must be recognized as a means of transaction. ... (full story)

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  • Category: Fundamental Analysis