News: CNBC Daily Open Explores Bitcoin’s Current Utility Challenges
Monday, 2 September 2024, 23:30
Current Landscape of Bitcoin Usage
Bitcoin, often seen as merely an investment vehicle, remains largely ineffective for daily purchases.
Enthusiast Adoption vs. Practical Usage
Many view Bitcoin as pretty pebbles traded among enthusiasts rather than a functional currency.
Implications for Financial Markets
This limited versatility poses serious questions about Bitcoin's long-term viability as a mainstream payment option.
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