Bitcoin Forum

"No one owns it, and no one uses it."

That's how BlockTower Capital's Ari Paul described bitcoin (and, really, cryptocurrency in general) multiple times during his keynote at PennBlockchain on Friday, the inaugural crypto conference by students at the University of Pennsylvania's Wharton Business School.
While it might not sound like it, Paul emphasized bitcoin's low adoption as a rallying cry. In fact, taken in total, the conference in West Philadelphia felt mainly like a day of recruiting pitches by crypto luminaries.

Read more https://www.coindesk.com/dear-students-everything-bitcoins-way-1-billion-opportunity/

I go with his words. Those who lack back adapting bitcoin or other crypto currencies are so far behind to receive a standard wealth and upgrade themselves to current era. Everyone needs crypto at present to enhance and enrich themselves in every node. Every country needs to adapt bitcoin to develop their nations and gain more name and fame amongst their citizens and other nations. Adaption would bring lot more benefits to the concerned country who adapt it.

I quite like Ari Paul, especially when he made the CNBC Fast Money host shut her mouth at the end of their interview. He expressed his interest in the technological structure of Monero after the female host asked him what other cryptos he liked aside from Bitcoin, where the CNBC host blatantly said, isn't that the one being used by criminals? Ari's answer, everything is being used by criminals, even the Euro and the Dollar, where she answered, true, that's true. :D

Coming back to the main point, the thing here is that the lack of usage and adoption in the right aspects only show how small and new this market is. If people consider that to be a negative point, they don't know how to calculate forward. I see Bitcoin's inconveniences and obstacles and lacking utility as something that offers a great entry point for every entity involved in this market. It doesn't matter whether or not you like Bitcoin itself, the thing is that you shouldn't discard potentially the best ever chance in your life to actually strike gold, which is why I am quite satisfied with how the market corrected this year. I ended up with more coins after the correction than before, and that's the main target here....

Why does the subject sound too misleading and in contrast with the text?

I, too, am bothered about how Bitcoin is performing in terms of adaption because there is no country yet that categorically accedes to the existence of Bitcoin. At best, only few merchants accept such as a form of payment; and in such slightest circumstances, its governments require the latter to pay the corresponding taxes earned in Bitcoin. In other jurisdictions, there are no merchants that accept Bitcoin as a form of payment YET their respective governments require the latter to pay taxes due the government from profits earned in Bitcoin. These are only the development as of writing despite Bitcoin's magnificent peak in 2017. Why so? This is quite disturbing.

That's the press, let them talk. Bitcoin is moving forward with all its relevant developments and they will be left behind once again when Bitcoin will make its comeback. I feel, personally, this is a good time to understand all those new dev gimmiks and be ahead of the competition during the next phase.