Some countries are making Bitcoins real currency to buy and sell on the internet and you can trade them for cash at the bank machine.
Right away public opinion on bitcoins is that this process it too tedious and requires extra steps to use than just using a regular bank account and credit card system.
The new "digital currency" for use on the internet remains closed in an inside system, you have to trade for cash to shop outside.
That's too many steps for the public, remember other products like regular televisions and cable packages people will pay large monthly cable bills to use the service with one button...a television remote, a feature not available on the internet.
Even though many shows and programming comes in free on the internet you need computers etc. to watch and require daily computer setups to watch each show....turning on the machine, restart, internet signal connectivity etc.
Too many steps for most people so they just pay for cable televsion.
Bitcoins to be a real currency needs to have a currency exchange rate and inflation value to be real money, that you can save and invest and grow as interest in your bank account.
Then you collect bitcoins and watch the interest grow and then use them to buy real world goods without a second machine like cable vs. computer for watching television shows.
For bitcoin to be a real currency on the internet something has to prove it's value...
Things like web traffic.
Bitcoins are not valued in an interest rate as a real currency based on measurements like web traffic.
You don't earn bitcoins for having high web traffic.
So that is not a real currency, the web traffic on bitcoins themselves is it's "interest value" like pounds and ounces on gold and silver.
Weight on gold and silver determines it's price and interest value.
On the internet that measurement is items like web traffic, which are not figured into it's value.
I know this because you can't buy a bitcoin and post your coin account number like a "digital dollar" to influence the bitcoin interest rate like the dollar by adding your personal web traffic to their bitcoin interest value like gold and cash.
If bitcoins were real currency then you could buy an account and post the number on your web page, then web traffic would "increase it's weight" for money trading by adding your interest values on your web traffic back to the bitcoin at the bank reserve or something.
The bank reserve would automatically add your interest collected on the digital dollar by adding viewer rate to make it a more higher value currency.
They don't have that so web traffic is not worth direct money, then if they did you could earn money on the internet directly by opening a bitcoin account for your page and then your web traffic would collect interest on the currency that would make the value of it larger in the real world and this measurement would allow it to be traded like gold, silver and dollars in real world purchases without a second device to buy and sell on it.
-END-
No comments:
Post a Comment