Can ETH be used as currency?
Could you please elaborate on whether Ethereum, or ETH, can truly be considered and utilized as a form of currency? I'm interested in understanding the practical applications and limitations of using ETH as a means of exchange. For instance, are there any specific scenarios or industries where ETH is commonly used as a currency? Additionally, what are the challenges and considerations one should take into account when using ETH as a currency? Your insights would be greatly appreciated.
Can Bitcoin be used as real money?
Could you please clarify for me the potential of Bitcoin as a viable form of real money? I'm interested in understanding the extent to which it could be used in daily transactions, both online and offline. Would it be feasible to use Bitcoin for purchases in stores, paying bills, or receiving payments for services? Also, I'm curious about the legal implications of using Bitcoin as a currency in various countries. Could you elaborate on the regulatory frameworks surrounding its usage and any potential risks or limitations associated with it? Finally, I'd like to know your opinion on the future prospects of Bitcoin as a legitimate form of real money, given the current trends and developments in the cryptocurrency space.