Bitcoin Forum

Bitcoin exist for over a decade yet there’s only few percentage of the human population is involved on Bitcoin investment. Not because that the majority of people is not aware nor exposed but because they are the victim of economic lie such disinformation towards Bitcoin through negative propaganda of Banks.

We are all being feed of wrong information of economic norms by the billionaires that benefiting the current system. Bitcoin is the best asset to invest in terms of price growth on long term period yet people are still scared to touch due the wrong information given by the main stream media.

In the country that I live, Bitcoin has a stigma of being a scam because our own government warn the public to not engage on Bitcoin investment due to a lot of scam involves it and the volatility is high. Most of the people here including the old professional don’t dare to touch it despite Bitcoin already has good price history.

I feel at 14 years BTC can still be called a new currency or asset, just over a decade is not enough time for BTC to spread through most of the percentage of human population. BTC adoption has been very good since it was created until now, but mass adoption will take a very long time.

It is not only lies from the banks that is holding adoption down, it is as a result of many factors all put together. BTC is a currency and an asset too, but there are older currencies and assets that most of the world's population trust well more than BTC, and it will take more than 14 years for that to change. Collapsed centralized exchanges and services, which i know has nothing to do with BTC has made many people afraid of using BTC, people who do not know anything about BTC think centralized exchanges are BTC banks, some of my friends even call it that, so when they hear over the news that X or Y centralized exchange collapsed, they do not want to go anywhere near BTC. There are many other factors too, and only the knowledgeable can understand the truth about BTC, but so many people are very lazy to find that knowledge.

Agree mate! BTC adoption is always subjected on ups and down because bank is always doing something just to bring down Bitcoin while the solid Bitcoin community slowly building again through unwavering dedication of trusting Bitcoin. CBDC, Banks targeting crypto project like US/Terra to create panic on crypto market and other negative propaganda.

I’m actually happy that Bitcoin still strong in the face of economic crisis. US economy is crumbling yet people still choosing to invest on Bitcoin as an alternative to dying banking system.

Well, what @Z-ketat said can actually be representative because indeed I still agree in saying that a decade is of course still not enough and this is still a short time to give confidence to the general public about bitcoin.
Pros and cons always happen and people who don't like how bitcoin grows will obviously make it look like bitcoin is something bad so that people who can be said not to know about this will think that bitcoin is indeed a bad tool and lots of crime there.
But I think it's only a matter of time, because sooner or later everyone will become familiar with bitcoin and their views may change over time.

The spread of misinformation does indeed hinder public adoption of crypto, but I believe that eventually the public will wake up to its advantages and why they should invest in crypto in general. In the country where I live (Indonesia), we have seen adoption increasing year by year, until by 2022 it is estimated that around 12 million people (4.5% of the population) have adopted crypto ^[1]. Different from 1 year earlier which was at 7.2 million people (2.66% of the population) ^[2].

I still firmly believe that eventually, the big men in the mainstream media will also adopt crypto, and then there will be no more fear and misinformation spreading.

References:
[1] https://triple-a.io/crypto-ownership-indonesia-2022/
[2] https://triple-a.io/crypto-ownership-indonesia-2021/

That's what I've observed to people nowadays. Certainly they would prefer to well known money saving such as bank since they also mention it at school, on how does it work and etc. Bitcoin doesn't get the recognition it deserves, some schools doesn't even enlighten youngster about the powerful impact of Bitcoin, only few schools around the world that acknowledged Bitcoin as a subject. Since it might be complicated for them to teach it at schools. Also many people prefer centralized system as they give them assurance and security for their funds unlike to the decentralized (Bitcoin) which is open to fraud and scams. The volatility the Bitcoin holds also hinder them to acknowledge it as they only think Bitcoin as an complicated alternate currency. If you ask people in here about Bitcoin, majority would think it as a "scam" or "complicated system" which is true because you would need a prior knowledge in this industry.

People who are used to the rhythm of the crypto market will definitely not be easily swayed by the fud and propaganda that is being carried out. Now the problem is a misperception in various circles of society who consider all events against altcoins to be the point of destruction of bitcoin, as before MT.gox from that day many said that bitcoin would die and there was a lot of Fud and propaganda being carried out to bring down bitcoin, and I admit that it has become a culture of the crypto market and that causes extreme polarity in bitcoin.

I think it's only natural that more people are still investing in bitcoin because most people still believe that bitcoin will come back and take them even higher. bitcoin became an escape for the failure of banks in America which caused attention and trust to shift towards bitcoin.

I think more than the economic lie it's about the inherent nature of bitcoin as well. Like it's volatility, it's a big issue for everyone. If someone invests it's saving earned as a salary or basically earned outside the crypto world he/ she will obviously repent investing when he loses money because this isn't how traditional savings and investment works. But yes the big lies also have some effect on Bitcoin's adoption.

We need to address the FUD with caution, as this isn't the first economic crisis in an approaching bull market. In the aftermath of COVID, the market went downhill for a short period of time before returning to normal. We have been in this political/economic crisis for a long time now, and it will take a long time before we know how the world market will do beyond the bull market

Stable coins are very different from BTC, and i don't think banks are targeting them, they have always been risky cryptocurrencies that can lose their peg, or even be frozen in their user's own wallet, if you want this discussion to be about BTC, you'll leave out stable coins and altcoins.The U.S economy and fiat banks troubles is the gain for BTC, that way people would look for alternatives and BTC is the best second choice currency to fiat, so if there is more trouble for the banking system, most of the funds would be pumped into BTC and it is good for the BTC network and price.

In addition to spreading misinformation about Bitcoin being solely an investment asset, we are also failing to educate people on its technology and potential applications. This narrow portrayal is quite misleading, as it causes people to become apprehensive about the volatility of Bitcoin. While investment in Bitcoin is one possible use, it was not the primary purpose for its creation. Therefore, it is crucial that we disseminate accurate information about Bitcoin to dispel any economic fear, including its technological features and potential applications

There are many problems caused by banks, scarcity of money, profit sharing systems that are not profitable for customers and many other lies about saving money that we have and you never know how they use our savings to create profits.

Not for now, right? because there are already many individuals and groups who have accepted bitcoin, if you already know that then stop connecting anything because there is no point in trying to damage the existing system and you should just focus on the investment you are running. Negative news released by the media will not be able to kill bitcoin and even if the government tries to stir up this kind of thing to stop it.

Keep calm and buy to the best of your ability, because we are about to see a much bigger future for bitcoin now and in the future. There is a lot of adoption happening and now people have proven that bitcoin is the best asset for long term investment.

Where do you live and how does the bitcoin process work in your country?
Has the current increase in adoption been slightly better than before?
What is the percentage increase and engagement of people towards bitcoin to date in your country?

That's why this saying always comes to light@ "knowledge is power" the lack of knowledge about can make you feel or think  backwards towards that thing, like you said so many factors contribute to the limitations of bitcoin not been spread across the world population and that 14 years is still not enough for the spread to be achieved everywhere , which I agree but one thing I know for sure is that bitcoin is an economic evolution that will slowly be put into place no matter the setback it's currently experiencing now, it's just a matter of time and the adoption in Africa though is rather fascinating and me knowing about bitcoin was a result of this massive awareness going on in my locality.

The government is discouraging its citizens from investing in bitcoin because they want the people to live in the captivity of their banks and don't want them to have financial freedom. Instead of telling their citizens the truth about the important and benefit of bitcoin but it is the other way round. Social media is also a hindrance to Bitcoin adoption by people, they will feed the people with all sort of lies and when any exchange crashes,they see it as an opportunity for them to fuel their lies and propaganda on bitcoin. All these FUD will not last for long because in no time when the citizens have come to understand that bitcoin is a life saver and also a volatile asset,they will hate the government for depriving them from their freedom to choose their choice of currency to invest on. This is the main reason why we that have the proper knowledge of bitcoin should continue to educate people around us the basics of bitcoin so that they can understand that it is not a scam project.

It won’t call Any criticism against Bitcoin as an economic lie. You only need to check the meaning of economy and you would know that’s not an enemy of bitcoin I believe you meant government lies against bitcoin.

Well every one has access to the internet and can read up articles  And news even with the propaganda by government forces against bitcoin even in my country crypto-currency is frowned at I still make use of the internet and news and can decide which is best for me as an individual.

BTC was introduced only a decade ago, and in my opinion, it is still in its developmental and early stages to have been fully adopted by everyone in the world. There is still a long way to go before all BTC is completely mined and in circulation. However, its use has increased significantly in some parts of the world over the years, owing to accurate and factual information provided about it in those regions and bitcoin enthusiasts disseminating accurate information about its potential.

Governments, as well as the banks that work for them, have hampered the global adoption of bitcoin. Negative news and events surrounding bitcoin have been completely blamed on it, scaring people away from using it. As people who believe in bitcoin and its potential, we must take the initiative to educate our close environment about the future applications and technological advancements that bitcoin entails.

In certain scenarios, targeted attacks against bitcoin and cryptocurrency based on biased information and data is pretty much an economic lie. For instance, the current pledge that the US Senator Warren committed on today is something that I could consider as a targeted attack based on lies that the media and the government had put out to put bitcoin in a bad light. This declaration of an attack thereof is already a move against the reputation of bitcoin in the country, coz in the minds of those who are none the wiser when it comes to crypto, the attacks are justified and must therefore be necessary.

There's criticisms which of course is integral to the growth and development of this industry, as those just give us newer ways to improve upon and add features that are never before seen, and there are blatant attacks.

I hear ya when you say people are wary of investing in Bitcoin, even though it's got mad potential benefits. It's true - the media is always spreading negative vibes about it, saying it's too risky. That's not always the case.

You gotta get informed, bro, and understand the risks and rewards of investing in Bitcoin. Yeah, it's had some wild swings, but in the long run, it's been nothing but gains, with some major price growth. And guess what? The experts predict that Bitcoin's value is only gonna go up in the future. So, don't be a sheep, dude - invest in Bitcoin like a boss!

Now, about the government's warning about scams - yeah, there are some unscrupulous characters out there. But plenty of legit folks and companies still use Bitcoin for legitimate investment and payment purposes.

My advice? Don't let fear or negative hype stop you from potentially benefiting from Bitcoin's growth. Learn all you can, assess your risk tolerance and investment goals, and make an informed decision.

Well, the fact that some countries have banned Bitcoin is also another factor that is reducing the adoption of Bitcoin, but never say never. If we look back in history, the number of Bitcoin addresses and transactions that have taken place since 2009 have increased every year, which means that every year there are a lot more people who are also adopting the Bitcoin technology. There will be more value for Bitcoin in the future, and more people will adopt it.

If banks were so anti-Bitcoin, they would've banned it a long time ago and lobbied the government to do so too. But none of this is happening, in fact there are many banks that try to integrate Bitcoin. Bitcoin is not a big threat to banks, because people don't use it as a currency.


Billionaires are a result of free market. Bitcoin is not against the free market, in fact the libertarian ideology that is popular among the bitcoiners would lead to even more billionaires and inequality. Billionaires will always be in profit, no matter what currency people use.

A decade is minuscule compared to other investment assets. And I doubt there are a lot of people that are already aware and exposed to Bitcoin. Take the example of El Salvador, bitcoin is a legal tender and the government favours it, yet, the adoption is lacking. It does not necessarily mean that the lack of adoptions is caused by disinformation spread by banks, that things rather a conspiracy theory.

The Bitcoin ecosystem itself needs a lot of improvement in order to encourage more massive adoption, instead of shifting the blame to other unverifiable external factors. FUD will always be directed to Bitcoin, and we have to deal with it. The recent issue is that those who advocate Bitcoin switching to PoS, and then bitcoin community, which was initiated by one of the members here, are building an information site to combat that, that kind of act is what beneficial for the community.

That's okay if we're not yet that much because it's not about how many we've got but how many people truly believes on it just like the older and earliest days of bitcoin.
Those people that have stood up on what they think is really shown by bitcoin. No need to be an economic expert or what but we've been here and knew it from different reasons. Some are for the tech, for the new concept and other valid reasons.
It's just so happen that bitcoin as a P2P payment became better and popular due to the fact that it can be a store of value/asset.
And from there, it all had gathered the attention not just by small traders and investors but even the financial institutions that wants capital gains on this market and probably thinking that they can also dominate this market.

Normal people are hesitant to jump in any innovations and technology especially when the government is somehow hostile on it.  It is not the misinformation but the fear to be persecuted once the government decided to become hostile to Bitcoin.  


It is already known to majority of people.  Government and main stream media only shows people what they wanted us to know.  The appearance of Bitcoin news everytime there is a bad incident is one proof of it.  We seldom or never see mainstream news stating about the good effect of growing Bitcoin industry.  All they show to us are warnings to influence us to hesitate about Bitcoin.


We can't deny that in the early years until now a lot of scammers and fraudsters created companies and uses the term Bitcoin to scam people.  And they proliferate very fast that they even become more popular than Bitcoin in certain places.  Sadly, People who joined and experienced or know this scam have their minds set on Bitcoin being a scam not on the people and the company that actually scammed them.

Failure of the economic policies is the reason for the capital gains in Bitcoin even the primary concept was the medium of exchange now the think tanks and major economists realized that Bitcoin has the potential for a digital store of value and here is where things get interesting because this can be a new narrative for the next bull run.

I was reading the posts in the economic section and then I visited a thread related to the Digital Euro and CBDS concept I cam to know now the officials are openly announcing their controlling power over the funds of civilians and the official stated that its all about Control. From here you can judge your future with the fiat money and Digital CBDS. Such types of stupidities are leading the shift or you call it the financial freedom revolution.

In my opinion, there are many reasons why people don't want to invest and one of them, in my opinion, is the economic factor.

because in my opinion nowadays not everyone has a lot of money and even there are still many people who don't have mobile phones, computers and so on.
so how can he invest if he doesn't have the tools to invest.

because I see so many people who want to invest in bitcoin but they don't have the facilities and money.

In my opinion, the existence of BTC, even though it has been many years, in my opinion, it can still be said that BTC has HAVEN'T LONGin the world, the proof is that there are still many people who don't know about bitcoin, and what is certain is that it requires a long process so that everyone knows about bitcoin.

and in my opinion what makes people not dare to invest in bitcoin, one of the reasons is because many people have lost as a result of investing in bitcoin so that in the end many people don't want to try investing in bitcoin.
and many more reasons...

but in my opinion btc takes a long time to be better known in the community,
but I'm sure one day btc will be more advanced and famous.
so now is the right time to invest in bitcoin.

The government and many people are lying in order to mislead many people to choose their centralized money and investment which they have full control over it. If they tell a good thing about Bitcoin to everyone, most people might abandon fiat and choose to store their wealth in Bitcoin, it will make the banks fail since lack of liquidity and they will make a lot profit.

But thanks to this forum where many people will not mislead you about Bitcoin, even someone would give a wrong information, there's someone will correct it.

Saying that Bitcoin is a scam is definitely a lie. I don't want to discuss the conspiracy theorists, who say that Bitcoin is a sophisticated Ponzi scheme.
Saying that Bitcoin is a risky and volatile investment asset is true. I don't mind, when the bankers and financial advisors keep saying that Bitcoin/crypto is risky, because it really is. The people, who want to invest in Bitcoin/crypto must know what they are doing and that there's a possibility to lose their investment. I also don't want to tolerate the fanatic BTC/crypto supporters, who keep saying that Bitcoin is some sort of magical investment, that will miraculously make us rich in no time. This is also a lie.

I find that normal, to put it simply, they are competing with bitcoin to survive and to stay in business, they need to find a way to smear their competitors. Just like us, bitcoin lovers are always critical of the banking system.
I really don't care what the government or the bank is saying about bitcoin because bitcoin is really a good solution, sooner or later, everyone will realize that. With the development of technology and everything available on the internet, they will never be able to hide it forever. Bitcoin is still going very well, and its popularity is spreading, I don't see bitcoin slowing or overshadowing.

I think that what happens to most countries because the government tries to maintain control over the financial system and prevent the rise of a competing currency. And we can't deny it, some government officials do not fully understand Bitcoin and its potential benefits, leading them to be skeptical or even opposed to it. They associate it with criminal activities such as money laundering and terrorism financing as if they haven't done it themselves. As bitcoin threatens banks, maybe the governments are protecting the interests of these institutions by lying about Bitcoin and discouraging its use.

I think they just don't encourage the people to dive into the bitcoin world because of its decentralized feature. If in case one get scammed or anything, they don't want to take accountability of it because it is not government driven. But these don't help. They should provide factual info about bitcoin's benefits just as how much they provide cautiousness about it.


In my country, we have somewhat mixed stance on Bitcoin and other cryptocurrencies. Our government has not banned the use of cryptocurrencies, but there have been some regulatory issues and concerns. Our central bank issued regulations that required virtual currency exchanges to register with the central bank as remittance and transfer companies but of course not everyone complies. And it's difficult to trace people who have to register since bitcoin is a decentralized system. They also issued a statement warning the public about the risks of investing in cryptocurrencies, stating that they are not backed by any government which I think just created fear towards investing in Bitcoin.

It is really our responsibility to educate ourselves. We cannot rely solely on what the government feed to us They lie too, most of the time.

It makes sense that people might be hesitant to invest in Bitcoin given the stigma that it carries in your nation.
Given the negative reputation that Bitcoin has in your country, it makes sense that some people might be cautious about investing in it.
Every people especially every nation got different perspective but I believe that most of these people who are talking negative about Bitcoin are people who don't know what Bitcoin is.

Bitcoin's adversaries are always going to do everything in its power to ensure that people remain in their broken system rather than moving into a better alternative because they benefit heavily from the current system. It's unfortunate that this is the way that the world's powerful forces are like this, though eventually their lies will be clear to everyone and they will be left behind while the people benefit...(ideally).

If you compare bitcoin to traditional assets, a decade is nothing, just like gold has been and is recognized for thousands of years while bitcoin is only 14 years old. For me, the growth of bitcoin is unprecedented and without delay.

Although negative news about bitcoin is spread daily, but with the growth of the internet and freedom of speech, there is also a lot of positive bitcoin news. Most people have heard of bitcoin. It's just that people are satisfied with their current lives and don't want to change or accept the new, only those who don't accept their fate are looking for the new, and bitcoin is an option. I know many people who know about bitcoin, but they are living a rich life, they say they have no reason to accept the challenge more because they worked so hard to get where they are today. Not everyone needs bitcoin, and bitcoin doesn't need everyone to accept it to survive.

Yeah Bitcoin is still nothing compared to traditional assets e.g. fiat, gold, stock etc, actually Bitcoin adoption is already widely accepted despite it's only exist 14 years, many bad news and it's not influenced by any countries, El Salvador and Central African Republic were accept Bitcoin as a currency on the previous year.

In social media you can talk anything, but don't think it's a freedom of speech because if you're radicalism and a government consider you're have a high risk or suspicious personal, don't be surprised either they will expose you or close your account.

Oh, boy! It's crystal clear that the bigwigs up there are shaking in their boots over a tiny bit of Bitcoin action! But don't you worry, pal, 'cause as long as we keep trumpeting the awesomeness of Bitcoin, we're gonna ride this wave right to the top.

Yeah, it's a wild jungle of naysayers and Debbie Downers, but armed with some out-of-the-box thinking and a truckload of gusto, we'll show 'em Bitcoin is the cat's pajamas! From snappy catchphrases to wacky memes, we've got endless ways to make Bitcoin the talk of the town.

And hey, perhaps soon enough we'll inhabit a world where Bitcoin and the good ol' greenback are BFFs. I'm all fired up for the future! So let's keep spreading the gospel of Bitcoin, compadre, and turn it into the economic promised land!

It is such a pity that some people still decide to trust and believe everything the government tells them. They are victims and have decided to remain victims to malinformation due to the laziness to research and find out the exact information for their knowledge to help form their decisions. The internet has made this possible, there is access to information.

Stop taking it if you are being fed, if your eyes have been opened from your access to information, you can share to others to help them too, but do not force them.

Indeed, there is a lot of opinion and misinformation regarding Bitcoin and cryptocurrencies in general. Bitcoin and other cryptocurrencies are still under development and regulation, which is why some people consider them unstable and risky to invest in. However, like any other asset, cryptocurrencies have their advantages and disadvantages, and each investor must make his own decision based on his knowledge and risk preferences.
The advantages of Bitcoin include high potential for price growth in the long term, decentralized nature and independence from central banks, and ease of use for international transactions. However, cryptocurrencies can also be subject to high volatility and instability, and can also be used for illegal purposes, which can lead to regulatory and legal issues.

It's true that there is a lot of misinformation and negative propaganda surrounding Bitcoin, which has prevented many people from investing in it. However, as more and more people begin to understand the benefits of Bitcoin, the stigma surrounding it is slowly disappearing. Bitcoin has shown incredible growth in the past decade and has proven to be a valuable long-term investment. While there is certainly volatility, this is a common feature of any new and innovative asset class. Despite this, Bitcoin has continued to show consistent price growth over time, making it an attractive option for those looking to invest in the long term.

It's important to note that the negative propaganda surrounding Bitcoin is often perpetuated by those who benefit from the current financial system. These individuals and institutions are threatened by the idea of a decentralized currency that operates outside of their control. However, Bitcoin offers many benefits to the average person, including lower transaction fees, increased financial freedom, and protection against inflation.

TBH I see fiat being replaced with cryptocurrency in coming decade.

I find the entire cypto industry worse than the banksters.

Even the so called bank are one of the big investors of Bitcoin and the reason why they are trying to lure us not make any potential investors is to delude us not to withdraw our money from the bank and invest in Bitcoin. We know ther trick and we are not going to be deceived by there evil agenda to keep holding large position as Bitcoin whales with our own money.
 

We are bothered with the multiple lies the pass to the society through various social media to make us not to by and hold own Bitcoin. I am just sorry for those people that are deluded trying to form consensus with the economist liars. Those who will sell will sell and those that will keep hold will do that to there own advantage. The world is full of lies and we need to try as much as possible to believe in them.

It's the banks that made any man who wants to engage in crypto to be fearful of their investment. You will, even banks have their own investment in crypto but they see it as in a very shallow supply that they would convince anybody not to buy but the truthful thing's now is the best time to buy. The government's risk aversion however depends on its economy. If they want to take a  lesser risk, then it's easy for them to create a regulation that would prevent their people to put their money on crypto assets. That would be in form of tax, restrictions, or limitations of engagement and transactions.



Bitcoin is stable. Its development and regulation, to its whitepaper is already clear. What's unstable is it's practical application and how people use it aside from how it should really be using into. That's why such countries restrict it because they can't control their people on how to use it for the common good. Its price was determined by how people perceived its value. It's simply the marketplace price. How much and how many people are willing to buy and sell. Crypto is very volatile and liquid but still stable.  What I agree on is its usage for the future and at the present. Incomparable decentralization, independence from central banks, ease to any kind of transactions, and high potential for price growth in the long term. You already see it trade from $10kish, to $30kish, to $60kish. And it will again. 2x more. 3x more.

The banks and the government have a plan and they're trying to centralized Bitcoin as much as possible before they allow the public to start investing in it. They want to be able to track everything happening on and off the blockchain before they can adopt it but their plans has already failed.

No matter what the government do, they can't centralized Bitcoin because it was built with that immunity. The government can make all the exchange undergo KYC to get customers information so they know who is sending Bitcoin or receiving but we'll always have alternatives.

This alternative will be decentralized so the government can't track who's using those platforms. It doesn't matter how many lies they tell about the market, at the end of the day. Bitcoin would be successful for those that ignores those fud and invested by buying and holding.

Social media is also created by the government, so of course, they can control us, and freedom of speech, I don't mean you can say anything, or insult them or spread wrong things. But here, we have the right to express our views and use peaceful words, don't try to fight them, they have no reason to attack you, unless you live in a country with an extremist government. But in my opinion, no matter what measures they take, they can never stop the truth, if they could, bitcoin would not have developed as it is today.

Old traditional investors and economic experts doesn't really understand the concept of blockchain technology they think that it can be hacked at any time so they are propogating against bitcoin whereas the other side current rich people doesn't want the most people to attain financial freedom influence people in a wrong way.

This post got a bit longer than I anticipated - partly because I read the whole thread, and there were several good points that I wanted to respond to. 


Fuck crypto.. This thread is about bitcoin, and not about shitcoins...and surely part of the lies and disinformation talking points that we find involve confusing and convoluting ideas regarding crypto and somehow implying that maybe you are talking about bitcoin, too?  maybe?  Are you talking about bitcoin or some other amorphous and confusing topic? 

Those links that you provided fathafraink are gobbledy-gook too.. since there is a need to clarify the extent to which you might be referring to bitcoin or some other vague thing, and if you are referring to something other than bitcoin, then what is it that you are referring to? especially since there is no such thing as crypto.. except for people who are: 1) purposefully trying to confuse matters (such as shitcoin pumpers or bitcoin naysayers), 2) people who do not know what the fuck they are talking about (such as no coiners or shitcoin pumpers) or 3) people trying to appear smart (by abstracting away the word bitcoin from their discussion points) (such as shitcoin pumpers, bitcoin naysayers, no coiners or confused folks).

Which one of those are you fathafraink?  Are you more than one?

Also, you did not use the word bitcoin at one place in your post fathafraink.  Do you know what bitcoin is?  Do you know the difference between bitcoin and shitcoins?

Perhaps if you rethink your post in terms of talking about bitcoin first, then sure maybe it could make sense to talk about shitcoins too.. perhaps?  perhaps?   Maybe you should try rewriting your post and include the word bitcoin in various places, and then see how it goes once you rewrite it?   

Surely, many forum members realize that there still is a need for a lot of folks to both figure out what bitcoin is and to make sure that they understand that bitcoin is the leader in this space, and hopefully forum members can attempt to figure out how to stop using dumbass vague terms or try to appear to be smart by describing the "crypto" space.. and thereby muddying the discussion points.  Maybe you made a mistake fathafraink?
 
Focus... if you figure out how to talk about bitcoin first, then it will likely help you to focus in whatever it is that you are trying to tell us too... and maybe if you try posting your message again, and use the word bitcoin at various points, then it might help you to tell us what it is that you are wanting to say.  Go ahead.. give it a try.^**    :D :D :D :D  Good luck.   ;)

**by the way, this whole thread went pretty well - at least so far - since in this whole thread, there were ONLY a few members who seemed to confuse bitcoin and crypto and make vague references to crypto within their post.. the overwhelming majority of posters really were able to mostly focus on bitcoin and at least did not avoid using the term bitcoin within their post.  It seems that there is likely some increasing recognition, even from a lot of forum members, that part of the lies and confusion that exist in the world around king daddy bitcoin, even propagated by some government representatives and "the powers that be" status quo financial incumbents are frequently confusing and convoluting terms and even failing refusing to use the term bitcoin in order to clarify what they are talking about... We know that shitcoiners do like to convolute and confuse terms.. but also disingenuine folks do it too.. and sometimes it may not even be intentional, and I am not even taking away from the fact that there may well be some reasonable ways to talk about shitcoins or various non-bitcoin projects or projects that are tangentially related to bitcoin.. so the fact that there is some unintentional confusion seems to cause needs for a certain level of tolerance and clarification of terms from time to time. no?  I am not claiming to be a crypto/shitcoin rhetorical expert, but I will admit that sometimes it does get annoying to be hearing/reading vague references to crypto and failure/refusal to describe or point out where bitcoin might be (if at all) in the discussion.


For sure, I agree that bitcoin is not an easy topic, and that is part of the reason that a lot of people seem to either misunderstand it or even to miscommunicate about what they believe it to be... even a decent number of people who own bitcoin have trouble understanding bitcoin very well and/or communicating about it very well.. and I am not even excluding myself from such group of people who continues to struggle to understand various aspects of bitcoin and how to attempt to communicate about it.


There are ways to both deal with and to profit from bitcoin's inevitable volatility, and I am not even talking about fucking around with trading, but attempting to figure out ways to both accumulate bitcoin in ways that account for the inevitable volatility and also to attempt to maintain a position in bitcoin in spite of its inevitable volatility and part of the ways of taking advantage of bitcoin's inevitable volatility is recognizing it as an actual dynamic that exists in order to both financially and psychologically prepare for it.. and also buying/accumulating and maintaining a position in BTC in a way that accounts for such inevitable volatility... while also recognizing that bitcoin is amongst the greatest of asymmetric bets to the upside (if not the greatest?.. and part of the explanation for that is because bitcoin is the soundest of monies ever invented/discovered), while at the same time recognizing and appreciating that is upwards price movement is not inevitable.


I largely agree with you The Cryptovator in regards to bitcoin being a bunch of things at the same time, yet in the end, there is a pretty strong investment component in relation to bitcoin, and part of the reason that there is such a strong investment component has to do with the various ways that it can be used that include various descriptions and understandings of its technology and/or its resilience and even that it has been designed in a kind of resilient way that is difficult to fuck with.... has a kind of solid momentum and incentive structure built within.. to keep it alive.. and continuing to cause it to be resistant to attacks, even by incumbent and strong players who have been attacking it for years and even building the various levels and ways to attack it.. which largely seems to make is stronger in several ways including the fact that there is also truth built in, so in order to attack bitcoin, status quo strong incumbents end up resorting to untruths, and sooner or later people are going to see through the various bullshit attacks that are largely (if not exclusively ending up devolving into lies.. as OP pointed out as an apparent ever-existing pattern of attack upon bitcoin that is likely not going to work in the long run, even though it may work in the short term and it also will work on some people more than others, including people who are willing to follow authorities who resort to lies.. not exclusively lies.. but ultimately those attacking bitcoin are going to have to resort to lies in order to maintain their attack upon it).


Part of the modern world is attempting to differentiate between good information and bad information, and it is not always easy to do... so merely having access to the internet and/or having access to alternative information sources is not going to automatically cause people (normies) to arrive at the right conclusions in terms of being able to figure out which sources of information are better than others.


Well one of the advantages of bitcoin is that it is open to anyone and everyone who is ready, willing and able to put some effort into the matter, and you don't even need very much to invest on a regular basis, that's one of the revolutionary aspects of bitcoin, for those who are wiling to put in the effort... you can also be as poor as a mouse, and if you are able to put $1 per week, then you can profit from bitcoin... of course, if you cannot save any money, then you are not going to have as many direct advantages from bitcoin, and you would ONLY be advantaged by the fact that bitcoin is a more fair system that is not stealing from you... so there are ways to benefit from bitcoin, even if you do not buy any, but I would suggest that people try to buy some, even if they are not able to buy very much.. but you also have to get your shit (finances and psychology) in order in order to be able to invest as aggressively as you can but not so aggressively that you overinvest or end up recking yourself because you failed/refused to adequately account for your own finances and psychology.

Do you say this because of the similar (deceptive) strategies that altcoins and exchanges take toward the individual? Market manipulation, false promises, etc.? If this is what you mean then I do agree with you, though this is definitely being weeded out over time. People are becoming more knowledgeable and with more knowledge means more power to be able to avoid the fly trap of these tactics.

If you are talking about the entirety of the industry, including Bitcoin and what it is all fundamentally about (economic freedom, privacy, self-sovereignty and so on) I do disagree. There are good and bad parts of every budding sector and Bitcoin/cryptocurrency is no exception to the good and bad parts...overall, it is good.

With bad experiences comes growth. A bad experience with a banker might lead a normal person to another banker. A bad experience with an altcoin or market manipulation will (hopefully) spark the knowledge to be able to deter similar mistakes again in the future, and help others to do the same. So even though people might fall victim, ultimately it is for the better.

I believe that the government is the biggest reason why bitcoin acceptance is still low because they have fed people in their society misinformation about bitcoin, and people are now afraid of it because of what they have heard about it. Then there are the scammers, who currently like to target people who use bitcoin and other cryptocurrencies.When people see that someone close to them has been scammed in bitcoin and other cryptocurrencies, they will be scared about how they will allow their money to go in there. However, I believe that all of these things are happening due to incorrect information about bitcoin that people are telling, and some people become discouraged when they come to learn bitcoin but realize that the process isn't easy.

In some sense the lies suppress the BTC price, and so those of us who can see through the lies are advantaged, in the sense that we have asymmetric information and so if we continue to buy BTC, then it seems that sooner or later, the abilities to fight the actual truth of bitcoin are going to end up resulting in BTC price rises beyond expectations.. while in the meantime, and in the shorter run, the BTC price could still end up being suppressed for years, and years and years, and maybe even suppressed for decades.. so in that sense, to continue to take into account what is actually happening, how much BTC are we individually accumulating and what remain our strategies to continue to build our bitcoin education and our bitcoin portfolio without overdoing it and without getting discouraged by the ongoing misinformation campaigns (aka lies) that exist in the world?

It's unfortunate that there is still a lot of misinformation and stigma surrounding Bitcoin and cryptocurrency, preventing many people from realizing its potential as an investment opportunity. While it's true that the cryptocurrency market can be volatile, it's important to remember that any investment carries some level of risk. With the increasing adoption and mainstream acceptance of Bitcoin, it's possible that attitudes towards it will shift in the coming years.

We can't do anything about those people who are still ignorant in this market.
Not many people have the initiative to do their own diligence to inform themselves.
Some are even spreading lies or fud without substantial proof. Ignorance is the common reason why many people are still hesitant to touch this market.
We can't also force these people to learn about this currency. Only time will tell when will they realize the truth about this market.
Til then, we are lucky that in today's generation, it is quite easy to search basically anything under the sun. Just use the search button and you're good to go.

You are right, but people always have their final decision to make before carrying out any investment. Some people also invest wrongly in Bitcoin, and when they don't see the desired results as soon as possible, they become confused or traumatized and can believe some fuzzy and inaccurate information about Bitcoin. I just feel sorry for some people who don't have right-hand information about Bitcoin and who doesn't also read and learn; such people are the ones who can believe in this stigma that tries to overshadowed Bitcoin.

In the early days, I did not have anyone to give me good knowledge about Bitcoin. Knowing that I have managed to learn a lot and am still learning, why will some bullshit fuzzy change my perception? Hell no! Whoever is investing in Bitcoin should just really be sure they know what they are doing and are doing it right and not out of greed, because some only think they can become rich overnight because of their investment.


In a nutshell, all investments have little or huge risk attached, but the most risky thing in Investment is not knowing the risk involved at all and preparing for the different results that are likely to arise. I say this because some people who are buying Bitcoin now think that during the halving, the bull market will strike and they will make a hell of a lot of profit, but perhaps they should also assume and consider if they can hold and wait a little longer if the bull market does not just suddenly strike after the halving.

Oh man, the fibs, the fake news, the skullduggery! It's enough to make any crypto buff weep into their altcoin stash. But don't sweat it, buddy! Keep buying Bitcoin and staying woke, and we'll conquer this storm of deception and come out on top.

Yeah, BTC's price might be squashed for years, eons, millennia even (alright, that's a stretch), but we gotta hold tight to our beliefs and our stacking tactics. C'mon, what's a smidge of suppression when we're in it for the long haul?

So, let's fix our gaze on that sweet crypto trophy, keep beefing up our Bitcoin smarts and collection, and never back down from the fake news and hogwash. We got this, gang—even if we're rocking clown shoes while we do it!

Yep, in rough terms, things like this are still easy to manipulate. sounds harsh, but believe it or not, current facts can indeed lead to something like that.
Even though in terms of using social media we can do whatever we can do but the fact is that with their power things like that can be embedded and indeed when looking at some of the conditions for social media, there is not a lot of information that actually could have been deepened if it had deviated from its initial function.

So that with things like this, bitcoin will still seem to have a bad stigma and it will continue to be maintained even though this is indeed like an open secret that is definitely known and understood but it is difficult to prevent such things with our strength as ordinary people.

Even though it's like that, I quite agree with what you said, because there really isn't anything that can stop us regardless of the conditions, everything will still be the same as long as we really believe in bitcoin, that's enough for ourselves.

The old system always fights back before the adoption like the new technology such as TV or cards. Before the TV was widely used, the radio companies also resist. So far even when the bank and government were trying to suppress BTC, its price and adoption are gradually rise up and is adopted.

The crisis the world is experiencing I think helped the BTC adoption, including the inflation which the BTC narrative about it is proven to be the greatest hedge for the declining value of currencies.

I would say majorly of those people who see negativity side of Bitcoin are mostly uneducated. Not all people invest in things because they feel is safe, some do base on referrals and the availability of money.

It is going to be interesting how the public image of bitcoin evolves during the next years as a great deal of that misinformation is being spread by politicians and bankers, misinformation which is later repeated by the mainstream media and then by all kind of people on social media, so while I expect more people to wake up and see bitcoin for what it is, I doubt that politicians will stop spreading that false information, and if anything they could intensify their attacks as a higher bitcoin adoption is precisely what they do not want to see happening.

The banks versus Bitcoin or cryptocurrency is the situation. It is a war situation because while the fiat banks don't want to loose its credibility, customers and importance in the society, crypto assuredly sets the tone of commerce with proof of work, speed of service and reliability, mostly as regards P2P transactions.
Bitcoin will continue to be in the shadows for now, unless the government openly acknowledge its existence and thus adopt it as legal tender.
We will keep hearing lies and experience market economic manipulation in order to hide how the traditional fiat system s inefficient in its service delivery method.

Uneducated people are left-out from bitcoin because of their lack of knowledge, but these negativity is spread by well-educated and people with authority. Uneducated people don't go the extra mile to spread unnecessary negativity.

Adopting new technology for people who don't have prior knowledge is hard, take internet as an example, people used to make fun of internet when it first came out but now life without the internet is unimaginable. So btc adoption will take time, it is normal that people have negative views about bitcoin.

Even if you are able to use various search functions and/or you have potential access to "good" information as opposed to "bad" information, there are still needs to employ critical thinking in order to attempt to figure out what is good information and what is bad information.  

The development of good critical thinking skills does not come easily, and many times people might believe that they are employing good critical thinking skills merely because they are skeptical of the views of others, but still NOT necessarily easy to figure out why some information is better than others, and why some sources of information are better (and more credible) than others.  Are the sources showing their work and showing actual facts, or are the sources merely giving conclusions and you are supposed to agree with certain sources because the conclusions sound "right."

Many times bad information will be presented in very persuasive kinds of ways to make it seem as if it is good information when it is not.  It is not easy, and frequently a lot  of uneducated people still will come to the wrong conclusions, and it can take a while (including maybe that their friends start to tell them that the information that they had been believing and/or relying upon was actually wrong).


I doubt that there is any need to accept such labels and/or characterizations in order to continue to press on with potentially steadforth ongoing pro-bitcoin messages, even if there might be some need to acknowledge that some folks will perceive bitcoiners as nuts, but that remains their own issues rather than the fact that there is any kind of need to accept such framing.. even if there are plenty of others who believe such nonsense.

My approach continues to emphasize that almost everyone needs to get the fuck off of zero, even if they might choose to allocate in fairly whimpy ways.. and again that is on them in terms of their level of allocation into bitcoin psychologically, how much they study it and/or financially...

Also having a 4-10 year or even a longer investment timeline should help to demonstrate that bitcoin remains a long, rather than a short play, and even some acknowledgement that there may well be a decent amount of negative BTC price performance in shorter term periods and even in the long term there is no guarantees, so each person needs to decide for himself/herself the amount to invest and the ways to invest, even though I surely do not mind to give some suggestions, such as saying that there starting out at $100 per week might be good, but if there are some inabilities to afford $100 per week, then perhaps $10 or some other amount that might be affordable, and also the person may need to get their financial shit together (and their psychology) in order to even be in a position to invest into bitcoin or into anything else, part of the problem with a large number of folks is that they are not even in a position to invest into anything because they are unable to live within their means and/or to adequately handle their psychology and/or their finances.. so many times the bitcoiners would not be the clowns, to the extent to which they are exercising reasonableness and prudence in their own approach to bitcoin and sure, no problems with being somewhat aggressive in terms of investing into bitcoin, but there are also needs NOT to either overdo it or to gamble or to get yourself into any kind of pickle because you are too busy having fun and too much acting the role of a clown rather than someone who is attempting prudent, practical and reasonable investment approaches that may well be of a kind of 4-10 year time horizon, and surely it may well be an investment timeline that is much longer than that - such as in the neighborhood of 20-30 years.. since building an investment portfolio can take a long-ass time, even when the investment seems to be such a good one.. such as bitcoin.... or even somewhat bitcoin dominant.. and yeah some people come to bitcoin who have already built an investment portfolio, so they are largely just diversifying into bitcoin rather than starting from nothing.. so there can be variations of status that could cause they movement from accumulation status to maintenance status and or to liquidation status to be shorter for some folks who might be starting out with larger quantities of wealth (and/or a larger investment portfolio).

That's the whole evolution theory I have been trying to emphasise, bitcoin adoption and resistance now is actually natural because the world financial system is about to go through a massive change, which i can i say have already started@#el salvador and its only normal for the current system to resist as its a show of tussle of power but its quite unfortunate that no one actually can cheat evolution as humans are bound for changes and this change in the financial sector will definitely come to realization whether the FCK face banks or government likes it or not. Before now the world was using the barter system then we evolved to cowry then metals then paper and now digital so time is
the grandmaster of everything and we all have to wait patiently for his final verdict. ;)

Yes it is unfortunate that the layer of misinformation over Bitcoin is so thick. But that's because it is a new technology. It's been around 14 years yes, but it was only 6 years ago that most people even first heard of Bitcoin. And most people only know about Bitcoin because of the price. They literally don't know anything else about it, so it is easy to believe the false negative stories that are commonly put out about Bitcoin.


This will change over time, but it will take a long time to get people educated on Bitcoin and to understand what it is other than just some asset with a very volatile price. And volatility scared people, because people focus on the fear. Even though Bitcoin every market cycle gets significantly more valuable, most people think it is some sort of a scam because of the crashes. The mind more easily focuses on fear and so people focus on the crashes and ignore the fact that even with the crashes Bitcoin always goes up in value.

A few years ago I showed a coworker the long term chart of Bitcoin, showing him that it always keeps going up. And a short time later when I was talking to him about Bitcoin he said "but it always crashes!" People remember the crashes and ignore the long term gains because fear is their overriding emotion.


Bitcoin is still new and it'll take many years for the lies to fade away and for people to see it as a revolutionary money and technology rather than just a scammy asset. But it'll happen. It may take a generation (once the 30 years olds have grown up with Bitcoin being completely normal and the 60 year olds have had decades to get used to it). But yes it will happen.

They can spread misinformation, because they have control over mass media platforms and there are nobody concentrating on spreading the correct information. Do you see billboards saying "Bitcoin is not a scam" or educational programs on television to educate people on the facts?

No, we do not have centralized organizations stepping in to fund campaigns like this, so people listen to what mainstream media are saying. Where are all the companies that are making millions from Crypto currencies? Do they really care about the technology or do they care about the profits. 

While I agree with the fundamental sentiment of your worries, a few points to consider:
- the current age of around 14 years for Bitcoin may seem long, however it's not compared to any other payment method or store of value. Adoption for completely new technologies tends to take longer than one may thing. Mainly because the original structures are strong and working and people tend to be very inflexible when it comes to completely new things they are not familiar with or that are kind of hard to grasp in the beginning
- The general sentiment of Bitcoin in mainstream media may still be slightly negatively biased, however more and more you can hear and read reasonable voices on the topic of Bitcoin - usally coming from those that did indeed spend some time for real research about it.
- Bitcoin does not have a massive marketing department - every little bit of adoption comes either from a real need for a new payment and/or store-of-value-soluton or because a company or individual is convinced that Bitcoin does indeed provide something, that is not achiveable with fiat etc.
- I believe the stigma of Bitcoin as a scam is slowly but surely disappearing. Yes, it still exists but there are a lot of resources now clearly showing it is the opposite of a scam - a true revolution in digital trust that is.

I think it's for those who are aware of this, either individuals or groups to educate themselves on the potential benefits and risks of investing in Bitcoin and stay up to date with the latest developments in the market.

This can involve seeking information from a variety of sources, such as industry experts, financial advisors and reputable news outlets. So that way there is a good filter and not quickly consumed with negative propaganda issues and misinformation that can eventually create barriers to Bitcoin adoption.

Well, For a stigma around Bitcoin in certain countries in my opinion it can be discouraging to potential investors. I think that here the role of government is seen as necessary. It is very important for the government to provide accurate and impartial information to the public about Bitcoin and other cryptocurrencies, and to develop a regulatory framework that protects investors while encouraging innovation in the industry.

I doubt that the evolution of systems are as clean as you seem to be suggesting them to be DaNNy001.  Sure there is likely evolution in systems and frequently there are systems that are overlapping one another and even difficulties to be able to figure out which system is better, so people make choices regarding how much of their own value they are going to put in each of the systems that exist, and whether it is potentially to their benefit to either place value in new systems or to retain value in already existing systems.

As individuals our lives are finite, and we cannot be waiting around for new systems to take over, and there may well be set backs along the way, so we continuously will be needing to determine how to allocate our resources, in order that we might feel that we are making decisions that are better for ourselves and maybe even accepting that we may well make some mistakes too.. in terms of how much to allocate or how to allocate.

For example, it could take anywhere between 50 years and 250 years or maybe even more for bitcoin to really become embedded as a reserve system.. and sure some people consider that it could take ONLY 20years, or that our current system may well come crashing down at any minute, and so in those cases, we may well want to be mostly allocated in the new system rather than the old system, and for myself, I would not feel comfortable overly allocating into "the new system" if the odds of such a calamitous crash is not very likely.. and not even as close to as likely as a lot of the dooms-dayers want to proclaim, yet at the same time, none of us would necessarily be hurt if we might end up ONLY allocating 10% into the new system rather than 100% - even if such a calamitous outcome were to end up playing out.


For sure you are right about these matters thecodebear, and one of the things that I frequently tell these dumbass bitcoin naysayers (bitcoin deniers; fence sitters) is that it is way the fuck better to just put a small amount of their wealth into bitcoin, such as 1% of their investment portfolio rather than for them to continue to sit on their hands and end up doing nothing.. so in the longer run, yeah maybe bitcoin does not end up going up and in that sense they have ONLY allocated 1% to it.. but at the same time, they may well falsely conclude that pro-bitcoin folks (such as many of us longer term forum members) are trying to sell them something, and many of us could give less than two shits about whether they get into bitcoin or not, and it is merely to their advantage to get some kind of stake in bitcoin rather than to ongoingly (and likely wrongly) presume that bitcoin has reached its peak.. there is no more profit potential.. there is a lot of downside risk and blah blah blah nonsense failures /refusals to invest any energy into looking into it further and/or putting some kind of financial, psychological and/or time stake into it... so yeah, in that regard, they end up getting into bitcoin at the price that they deserve, even if the BTC price ends up being way higher than $1 million before they start to realize that it (bitcoin) is not going away, and it (bitcoin) happens to be more of a thing than they had (likely wrongly) presumed it to be.


You are not wrong, Kakmakr.. .but still there is something wrong with your framing.

There are a lot of outlets to spread information these days; however, large financially backed institutions (including media institutions) remain scared of bitcoin and even scared of decentralization and even scared of what various aspects of decentralization represents, so in some sense there is a kind of battle in terms of the ability to spread the news (whether true or otherwise) - which also happens to be tied in with finances and government, and surely news and information (and truth) should be products of the people - yet it is likely that various news sources have been based on various kinds of centralized control of information (and money) in that they end up perceiving bitcoin and non-centralized forms (forces) of information to be threats that they have to battle through whatever means that they perceive might be able to preserve the various status quo arrangements... Even some of the adventurous news entities have troubles to actually attempt to describe bitcoin for what it really is and for what it really represents, and from time to time we do get some of the individuals and institutions to be breaking out with pieces of information that are factually and logically accurate rather than misleading.. but then there could be backlash that ends up coming from the information that comes out in such ways that we continuously have both lies and truth being spread at the same time and various kinds of internal and external battles to try to figure out what it is that people want.. and trying to figure out is bitcoin good or not good, and do the various spokespersons actually know the difference between bitcoin and shitcoins when they are trying to represent what is happening in light of what has already happened, where we are currently and where we might be going with these various matters that also include scams (in the space) and a large number of legitimate purposes too.. and which parts of the news happens to be more interesting.. the scams or the legitimate purposes, and do they feel comfortable to talk about the various legitimate purposes without potentially subjecting their news organization to a law suit or even prosecution for promoting tax evasion and money laundering?..   

Actual peer to peer  that is backed up by computing power that is located all over the world (including being embraced by some possible enemies) brings a lot of power to individuals (good guys and bad guys), and ain't nobody gots time for that, right?   :D :D :D :D

It's true that misinformation and negative propaganda surrounding Bitcoin has led to a lack of widespread adoption and investment in the asset. However, as more people become educated about Bitcoin and its potential for long-term growth, we may see a shift in attitudes towards it.  makeWhile there are risks associated with any investment, the potential rewards of Bitcoin cannot be ignored.

You know one thing in this world when someone wants to tarnish you with no course. They would used one big lie level against you. And that is what is happening to bitcoin. Since government and it's authorities hate bitcoin, they are using or calling it with different names which has nothing to do with it. But they will not succeed with their evil plans. Bitcoin has come to stay and nobody can do anything again. The only thing they can try to do is to centralized the system so they can control it which the most impossible aspect of it.  The decentralized nature of bitcoin is really giving them more reasons to hate it. But p2p has make it easy for us so we are not waiting for banks to do any transactions.

Yes, it's understandable Bitcoin volatility is a double-edged sword while it can generate significant returns for investors, it also makes it difficult for the general public to see it as a legitimate form of currency. This perception is compounded by a lack of education about the cryptocurrency industry, which makes it appear complex and inaccessible.

This is where the importance of education-based humanist education and understanding to use it properly. As more people become educated and become aware of the potential benefits of Bitcoin, such as increased privacy and reduced transaction fees, the perception of Bitcoin as a complicated or fraud-like system may gradually change. For the cryptocurrency community let's continue to advocate and educate others about the potential benefits and uses of Bitcoin.

What do you expect from those Big businesses ? if I remember it right , there is a person who invented a car that can run using water but what happened?
while in a Meeting to a potential Investor(though maybe a paid by Oil Companies) he is poisoned to death but says a natural death , and right after His death?
His shop was being destroyed , so what is the difference of this from bitcoin?
those businesses will destroy anything or anyone that may hinder their money bagging.

In my opinion, bitcoin, even though it has been more than a decade, still cannot be called long in this world because of course bitcoin needs a process to be accepted by everyone.
 pros and cons of course there will always be.
so i think we as btc holders should take all of this with a positive response.

and indeed there are always people who have a negative view of btc
and in my opinion the reason they underestimate btc is because they don't know about btc and how to invest properly.

so we have to respond to all this positively.

Bitcoin is still going in the right direction and honestly a decades time is such short to expect world wide acceptance of the same. If bitcoin had to be circulated throughout the world then imagine every type of peeps will have to come to the same page! Right now world is divided by flags, religions and their local currencies. It would obviously take whole lot of time for everyone to understand that “Bitcoin” is universal asset and it can be traded through internet anywhere in the world without any government permission or banks tedious overseas transfer remittance process. Peeps are attached to their fiat. Let us not forget there are old age peeps group, middle age groups that won’t be just ready enough to enter the bitcoin trivia because they have used fiat for more than 50-60 years! They will have to understand the entire system, look after the safety concerns, and most important they need end point payment processors everywhere so that they can spend the money.

Bitcoin is of no use for such group of peeps. I mean take a millionaire whose only time of life is to spend those millions on his/her leisure. Bitcoin is of no use because they can’t spend it everywhere they go.

Remaining youth is what making up bitcoins crowd right now. In that also many of them are victim of scams for real and thus sometime pull back to reality of fiat and solid jobs.

You and me are highly positive about bitcoin because we are maximalist for the same. We keep talking about it every minute so that’s entirely different story.

All we can do is, give it time to prosper through proper channel.

To us, it's called dirty competition, but for them, it's what they should do so they can continue to exist. It can be said that in any field, there is always competition, and eliminating each other is necessary if we do not want to die. Although bitcoin is still overshadowed because the negative news from those businesses or the government is spreading. But honestly, I'm not worried about that because bitcoin is really good, has real potential, and that's what everyone needs. Sooner or later, everyone will find it, and bitcoin will get bigger and bigger no matter what the liars out there do.

Its just a clear fact that the only reason the government are against it this much is because they can't control the movement of this currency based on the decentralized nature it has. Back in my place the government had to ban all bank that are actually doing transaction directly with bitcoin and the funds that were inside these accounts were frozen. Imagine the measure taken to actually stop the spread of bitcoin but this measure didn't stop the use and spread of it as the use of bitcoin through peer to peer transaction serve as an alternative way to purchase and sell your bitcoin. But the funny part of it now is that the government are now looking for a way to actually tax the bitcoin transaction and now ready to train youth on blockchain technology  here (https://www.newtelegraphng.com/nitda-to-train-30000-youths-on-blockchain-technology/)   to help them properly understand the technology that behind this bitcoin trend. I guess this saying "if you can't beat them you join them' has surface again in the situation around bitcoin in my place. I just time will when all nations will start joining the bitcoin adopting nations like el Salvador the rests.

I mean everyone was using fiat money and banks, comparing it to Bitcoin, Bitcoin didn't really have enough investors and users. We wouldn't really trust something that easily especially when we heard a lot of bad things about it like for example scams, illegal activities, etc. So it would make sense that even though a lot of know that Bitcoin was a great investment it would not matter to some people because they don't know what is Bitcoin and if it is actually better than fiat or as an investment.

For now, I think the Bitcoin adaptation growth increased a lot compared to the past years, there are so many platforms in my country that are starting to adopt Bitcoin even online banks were starting to add buying and selling cryptocurrencies to their platforms. So there are also a lot of people that have a bad perception of bitcoin and could easily change their mind because even legitimate banks here already support cryptocurrency. For me its already a big improvement and would convince a lot of people and investors to invest and pick Bitcoin.

You are absolutely right that negative propaganda and misinformation has played a key role in shaping up unfavorable public perception of Bitcoin and this is the reason, it has not achieved the level of adoption and investment what potentially it could have attained by now. However, we need to acknowledge that there are also unique risk associated with this digital asset, such us extreme volatility which has been the main barrier to its widespread  adoption. despite all these issues, it is important to acknowledge that Bitcoin remains the best performing asset during the past more than 10 years.

I reckon that Bitcoin is the best asset that I've ever invested and there's no lie to that. It had even made me an investor despite of having not so good background investing. And with those people with the collaboration of media, they're portraying Bitcoin as something bad and only used by criminals or used to get paid illegal services. I think that this thought will never be gone but at least it's changing. From those people that have the idea that they'll be scammed through investing in Bitcoin, they probably have the experience of being scammed once online and that's why they don't dare to invest in Bitcoin. Anyway, results will be the noise later on and they can't ignore how Bitcoin moves as an asset that's highly volatile and they will not deny that fact once they've started to open their minds.

Bitcoin could likened to a candle that's burning and shinning brightly and an enemy of progress using a blanket to cover it.... Do I need to tell you what will happen? The blanket will definitely get burnt. The government has tried to halt the widespread adoption of bitcoin by spreading misinformation and promoting propaganda against Bitcoin but the harder they try, the more stronger Bitcoin becomes. They see Bitcoin as a threat because with Bitcoin they cannot control the masses, so they use the media to tell all sorts of lies. The good news is that adoption might be slow but it's spreading like a wildfire, cutting across nations and giving power back to the people.

I have noticed that about people in today's society. Kids would undoubtedly choose a well-known method of saving money, such as a bank, given that kids are taught about it in class and how it operates, etc. Only a few schools worldwide have recognized Bitcoin as a subject, and Bitcoin doesn't receive the respect it rightfully deserves. Some schools don't even educate students about the significant influence of Bitcoin. because they could find it difficult to teach it in schools. In contrast to decentralized systems like Bitcoin, which are vulnerable to fraud and scams, many individuals prefer centralized systems because they provide confidence and protection for their money. They find it difficult to accept Bitcoin since they only perceive it as a difficult alternative currency, which is exacerbated by its volatility. Most people would consider Bitcoin to be a "scam" or "complicated system" if you asked them about it in this country, which is accurate given that you would require prior knowledge of this sector.

I really have difficulties with the various arguments that relate to "if x had not happened, then bitcoin would have higher levels of adoption than it has now."

It just seems like failures/refusals to accept whatever is, is (or whatever happens, happens)... There are all kinds of factors that affect BTC price, and some of those factors have to do with ongoing and likely inevitable battles and manipulation attempts (whether in the realm of physically pushing the price or whether in the realm of information warfare and whether successful or not).

In some sense, any of us involved in the investment of bitcoin have to be ready, willing and able to deal with the various extremes and irrationalities that comes from being invested in a kind of battle zone investment asset.

I frequently like to assert that the powers that be are going to push bitcoin prices (and even expectations about bitcoin) down as far as they can and keep it down for as long as they can.. until they cannot do it any more, and that's part of the reason that when they lose control of the price, there ends up being various upward explosions.... .. and specifically, I like to give the example of keeping BTC below $500 in 2015/2016... at a certain point, it became impossible to keep the price below $500, but if they could have had kept the price below $500 they would have... those fucks... hahahahaha..


....and they ended up losing that battle for $500 even though it stretched on for well over a year.. maybe even a few years, if you think about it.. they won the battle to keep the BTC price below $500 in 2014 and 2015 and part of 2016.. until they no longer won it., and in some sense there was humor in all of that, so long as you continued to buy BTC, hold BTC and not to get flushed out of your ability to maintain some BTC (or even to build your BTC position during that time), even while, at the same time, there was ongoing and ever-present fear, when you are actually a BTC holder because you do not know if "they" are going to be successful in keeping the BTC price below whatever the price point might be at the time (in the case of 2016.. and even going into 2017 the price point threshold seemed to have had been $500), and in March 2017, there were all kinds of folks scared out of either buying BTC or selling too much BTC too soon or selling what BTC they had because they believed that diptwat Vinny Lingham about BTC prices going back below $500 because that is what the powers that be wanted (and were going to be able to do), and how did that "waiting for $500" work out for those folks in March 2017?  Not so well... especially, if they are still waiting or bitter about having had believed that bullshit.. and did not buy BTC or sold too much of their BTC too soon because they were "expecting a lower price."


Yeah going by your forum registration date tabas, you have had 7 years registered in the forum and perhaps a possibility of having had gotten involved in bitcoin for nearly two full cycles - however, we know that many times, it can take a decent amount of time to build an investment position - unless you are bringing resources from the outside and reallocating some of your investment portfolio into bitcoin.

A brand new investor might take 10 years or more just to build his/her investment portfolio into something in which s/he is starting to feel as if the investment portfolio is starting to become of a substantial size that is meaningful and potentially life changing.


You spend your whole post focusing on the negatives that people think about bitcoin, but so fucking what?  We know a lot of people think negatively about bitcoin, and so if the school is teaching bullshit and dumb topics, and you happen to have a kid, or a relative or even friends who have kids in school, there can be opportunties to ask the kids what they are learning in school and then to ask the kids if they believe that bullshit (if it happens to be bullshit that they are learning)..

There is always going to be a certain amount of bullshit that is taught, and I doubt that we get anywhere by merely proclaiming that everyone believes bullshit and everyone is believing in bullshit, and so when any one of us is interacting in the world, then we can talk about these various topics and to say why we believe some topics are bullshit (such as various ways in which money is used to control people).. and how other topics are more liberating and empowering.. such as bitcoin giving various ways in which people can control, preserve and manage their wealth and for sure none of the systems of disinformation are going to change overnight, but I doubt that we get very far by merely complaining that they exist without figuring out various ways to interact with such systems and continue to spread the word about bitcoin and the importance that everyone - whether kid or adult  - whether rich or poor, whether governmental representative, institutional representative or individual.. learn about bitcoin and to invest into bitcoin in a variety of ways in order that some preparations are being made for the various ways in which the world is going to continue to change in favor of more and more bitcoin allocation, and those people who are ignoring bitcoin or failing/refusing to allocate into bitcoin are going to continue to lose out to bitcoin... so that remains their choice.. and to the extent that any of us is able to interact with people in our lives and to get their attention, we can discuss these matters, and many people are way more receptive to bitcoin than we might believe so long as we continue to be persistent in our own beliefs, and even though it could take some of these people 10, 20 or more years before they finally start to recognize and appreciate the power of king daddy... aka dee cornz.

Yes, gone through with 2016 and 2020 halving and saw the cycles how it had through and done many mistakes as well. But despite that, I did some allocation into some other investments and ventures and still have the most chunk of my assets in bitcoin and vice versa. And all of that thanks to Bitcoin that has likely it's the one that has pushed me to go into learnings more about itself and what's actual investing. So, it's like one asset/investment but had taught me more about the actuality of investing, for real.

Exactly, I've understood this by looking at the stock investors and traders. I've got nothing against them but I've learned this from a friend of mine that's investing into stocks and had expressed that he's optimistic with it but it's a slow progress unlike what we've got with Bitcoin's volatility which I like more obviously.

Well, be careful tabas.

I know that a lot of people get tempted to trade and they also get tempted to try to accelerate their returns based on volatility, including that many of us likely realize that volatility in bitcoin is inevitable, but we still cannot really have any level of confidence in short term volatility, even though we likely can have a decent amount of confidence that if we continue to accumulate bitcoin and not get too risky with our approach and do not fuck around with trying to gamble with our bitcoin, then likely we can continue to build our bitcoin holdings over time, and maybe it could still take 15 to 30 years before we really get to a financially comfortable position (and that is not even guaranteed), and our odds of getting to such financially comfortable position is better if we continue to build our stacks of satoshis.. and then maybe at some point into the future, we will be able to recognize that we have a decent amount of financial cushion and we have largely reached the goals that we have set for ourselves, whether we want to reach a kind of fuck you status or if we merely want to just be better off than we would have had been if we had not invested into bitcoin.

Accordingly, if you measure getting to fuck you status by the amount of annual income that you have built up, then you may well need to get between 20 to 30x the size of how much that you need per year in order to be able to feel comfortable in terms of living off of that amount, and frequently people will get greedy before reaching those levels or maybe not be able to manage their wealth once they have reached a full years of income within their investment portfolio.. so it can take a lot of discipline to continue to pursue and persist and to not lose your principle when you have reached 1x your annual income and in the process of trying to get to a decently high level such as 20x to 30x.. and yeah, I understand that a lot of people do not make it, and yeah, I understand that some people believe that they do not need 20x to 30x, so those kinds of opinions can vary in terms of how much is needed and how to valuate the value of your assets (which ones that you hold - hopefully including but not necessarily limited to bitcoin... and I am not referring to any need to hold shitcoins, even though some folks might choose to hold some shitcoins).

The side of the media that feeds the unsuspecting public with lies, propaganda and gross misinformation about bitcoin are the pro-government media and this agenda is being aggressively pushed by the traditional financial sector.
They cause fear, doubt and anxiety so that people will not invest in bitcoin. Even though bitcoin is a highly volatile asset these people know the real truth about its future potential. I feel that traditional media and the garbage they serve the public should be boycotted.

The government always prevents citizens from getting involved in bitcoin investment because they can't control it so there will be pros and cons and this won't go away because some media are certainly more inclined to the government so that they corner bitcoin into a bad thing while those of us who have been involved in bitcoin for a long time will think positive and still believe bitcoin will be much better.

Even now, there are still negative views, including in several countries, they always give bad remarks about bitcoin, and don't respond too much to them because basically bitcoin has never been controlled by anyone.

The reason why I've always believed bitcoin has limited supply, the more demand in the market and the stronger the technology, the more meaning we make it easier for transactions between countries without going through any bank because the bitcoin P2P system.

bro i agree with you actually our duty is to inform people about bitcoin and attract people about bitcoin it is good for all, another thing when people who are against bitcoin can't stop it everyone is watching how it is developing that's why everyone is getting so much attracted  And Tarabi is hiring and hopefully it will reach all locations around the world

 It's a normal occurrence for the media to spew lies about Bitcoin because somehow, they only have to do what their bosses tell 'em. The government has always being anti Bitcoin since it's being viewed as a threat to their role as the sole providers of the security to your funds.
 It is true that Bitcoin's growth is being overshadowed by economic lies reason behind this is some people find it difficult to adapt to change, are more interested in the traditional way of banking. And as such are easy to be manipulated when ill is said of the digital coin.

This is right approach to make efforts towards educating family members, friends and community about benefits of Bitcoin. it is a good way to raise awareness about its potential to transform our lives and change the current financial system based on fiat currencies which is showing signs of cracks.

However, it is also important to note that there are risks associated with Bitcoin, such as high level of volatility which we need to learn to manage them effectively to mitigate their impact.

Businesses that millions of dollars using cryptocurrencies like exchanges, casinos, DeFi, GameFi, NFT, and all other kinds of projects, don't really care about it at all, and all they do is only their own businesses and not aimed at empowering the technology or Bitcoin at all. Even if they show support over social media or anywhere, that is just to get more attention towards their businesses.

What I believe is that even if they have access to mass media and can spread wrong information on a very wide scale, the success of Bitcoin won't be much affected in the long run by all that, and it will come out at the top eventually.

there will always be pros and cons regarding bitcoin, and i as a bitcoin investor would not care about people who don't like bitcoin.
and I think even though we are bitcoin investors, I still want to be friends with banks and governments because after all we still need banks and governments.
so I in this case try to be positive and for sure I invest passionately in btc because investing in btc is something that makes me happy and full of freedom.
so we have to address all of this with full discretion.

and most importantly, in my opinion, this btc investment must use idle money and must be ready when the money is invested
in btc lost. because usually what causes someone to look negatively at btc is because there are people who are frustrated by losing money as a result of investing in btc.
and people who invest don't know the science of investing in btc.

So try to be a smart investor.

The government, media channels, and banks are fighting war over Bitcoin. These bodies won't let bitcoin outperform them in a few years without attempting to destroy it with all the lies and resources they can muster. But no matter what they do, Bitcoin will keep winning the battle race.
The best aspect of everything that people are starting to understand and accept the fact that Bitcoinn has good intentions for humanity, but the government prefers to portray it negatively through the media to prevent people from accepting it fully.

Yes, I agree that it's important to continue educating those around us about the fundamentals of bitcoin. After all, no matter how much a government discourages its citizens from doing so, that won't stop the bitcoin from progressing, and I'm confident that the number of investors in bitcoin today is rising. Those who are discouraged by the government are those who don't want to advance because, as citizens of a nation, we all recognize the difficulties that arise as a result of the actions of the latter. Even while it is our duty as citizens to uphold the law, there are moments when we require our own independence from government misrepresentation.
The government simply wants people to trust in banks, thus scammers these days are more interested in banks than bitcoin. There are some things in life you have to take a risk to succeed. Not only bitcoin but also banks have been scammed this days.

Bitcoin can potentially disrupt the current financial system, which could pose a threat to the interests of elite class in every country. This is because Bitcoin has the ability to empower common man/woman, therefore they won't let it happen so easily and use media and all other power centers to create obstacles for Bitcoin wide spread adoption. Despite all these challenges, I think there is significant number of people who consistently support Bitcoin and its potential to create a more transparent and equitable financial system.

The skepticism and doubt surrounding Bitcoin is not surprising given its disruptive nature and the traditional systems it threatens. However, history has shown that innovations and advances often face initial resistance before gaining acceptance. Yes, that's right I think it's important here to critically examine sources of information and not take negative narratives for granted without research like you mean. Only by challenging the prevailing notions can we move towards a more open-minded and informed society.

Thanks for your great reminder and concern, don't worry. I've been into the bottom rock situation of my life and that's why I'm just trying to be the better me with the hopes of having a greater future with these assets, mainly with bitcoin. But at the same time, I don't want to compromise my future and still making myself aware that unexpected things might come in terms of these decisions that I've been holding not limiting only to bitcoin but also to the performance of the other assets that I am holding and soon, may be added to my portfolio. I'm still not firm with my plans beyond 10 years but, hopefully that this bitcoin ride and journey that we all are having will set us for life and that's what I'm leaning and moving forward to everyone's success and not to panic when bad times comes again after such bull runs.

I think that this opinion matrix wears out over time, I think it is something more generational, "lies" on the part of governments have always existed and will exist to benefit, it is well documented how dictators and politicians have used traditional media to guide the lies over the truth.

And that is where I say that it is generational, each generation is not so "dumb" to not understand things on their own, they may tell you lies and manipulate information but today we live in an era of so much information, check it yourself.

Therefore after so many years, adoption opts for the generational laziness of some, we live in an informational era that if they tell you "truths" you check them, it's simple.

I mean, you have said it yourself, the public does not buy into Bitcoin even if it has good price history because it was involved in many scams. These past few months alone, many rug-pulls and scam coins have been exposed and brought into the mainstream and many people associate cryptocurrency with Bitcoin, they would have assumed that Bitcoin may also be another crypto scam.

Bitcoin really needs a mass-friendly PR strategy launch to distinguish itself from fraudsters. Spread awareness and information that can be easily understood even by the most computer-illiterate, maybe even publish real experiences of people who gained something out of Bitcoin. But that would be really difficult since Bitcoin is not really a company so it must really to its users to uphold its image.

Even if the intention is something good but on the other hand I would not really believe that it is useful because in my opinion with conditions like this convincing that we are different is tantamount to a defense as well as in this case by claiming that bitcoin is very much different even if it is true it will make it seem as if this is an excuse especially saying to people who are skeptical of bitcoin.

Skepticism like this will continue to exist and indeed will continue to exist but I think it doesn't matter for that, I personally feel that there is no need to convince skeptics that what we choose is right because indeed they have their own perspective and we have our own perspective. I'd rather continue to convince myself that this is a very worthy thing rather than telling others especially the skeptics. The risk is obviously there when we say this is a feasible thing such as when there are people who are interested it will focus on us because we are like inviting them, on the other hand for skeptics will always make this a defense reason even though what we say is true.

For anyone who has actually come to realize that bitcoin remains the main prize, then it is quite likely that upon a 10 year or longer time horizon,  they are going to be way advantaged as compared to the overwhelming majority of people in the world who still have not arrived at that realization in regards to bitcoin. 

So of course, there are no guarantees, but even if you had fucked up a lot in the past and made a lot of mistakes, if you become somewhat prudent in terms of stacking and accumulating sats, even if it might ONLY be $10 per week (but surely preferable if you could at least do $100 per week - but each of us can ONLY do what we are able to do in terms of our budget), in 10 years, you will have been able to experience more than 520 weeks of sats stacking.. (52 weeks per year).. so those weeks can add up and also you can reassess your finances on a regular basis in terms of how much you are putting in and if you are being sufficiently aggressive without over doing it.

There are likely a lot of people who still are NOT going to get started in their sats stacking journey until one or two more cycles down the road, and even though there are no guarantees, it is likely that anyone starting stacking sats today.. or even in a recently short history of ONLY having had been stacking sats for a short period of time, are still likely going to be way ahead of those later arrivers to bitcoin who are likely going to be starting their sats stacking way down the road.. perhaps 1 to 2 cycles or later down the road..


I believe that it is not as simple as you are proclaiming it to be famososMuertos.

A lot of people are still mislead by information and/or being able to sort through information that they see and to figure out the better information from the worse information, and even real smart people have difficulties with recognizing and appreciating good information as compared to bad information.

Here's a good article on the topic.

Why The Yuppie Elite Dismiss Bitcoin (https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin)


I doubt that you are going to get a bitcoin friendly mass PR campaign beyond having those duties carried out for free by various BTC hodlers.

Shitcoins, fraudsters and scammers have mass-friendly PR strategies, and sure good luck with not getting deceived by those various campaigns.
 
Part of the issue of not having centralization is that bitcoin does not have a budget, and the best campaign that is carried out in bitcoin comes out from HODLers doing it for free... and another best way for bitcoin to campaign, is actual facts that are likely going to continue to be shown through gresham's law .. but those kinds of gresham law dynamics tend to be more obvious over longer time frames.. and for people who are able to distinguish better money and worse money... spend your worse money first, but does not mean that you should be holding it... to the extent that you are able to manage your finances sufficiently well in order to be able to have money left over and able to invest it.. then what you going to invest into?

Sooner or later people are going to figure out that bitcoin is superior, even though it could take 20 to 50 to 150 years to really start to get the momentum and to stop getting tricked by the various snake-oil salesmen imitations.  A lot of people love to believe snake oil salesmen, and there are lures for any of us to doubt our bitcoin convictions based on the varying ways that shitcoiners are attempting to appeal to us, even though the facts of strong money and the strongest money that the world has ever seen (aka bitcoin) is right in front of our faces. 

Anyone can get lured into believing that they are smarter and going to beat the market by failing/refusing to invest into bitcoin and investing into various inferior asset classes (including shitcoins and also including various other ways that people are lured into either not investing or investing poorly into various inferior ways).


Exactly.  Each of us has to have the conviction to NOT be lured out of our bitcoin... and there is ONLY so much that any of us can do in order to persuade skeptics to start to allocate to bitcoin, even if they might start out small and build up over the years after becoming more and more familiar with bitcoin.. so yeah.. it can take a long time to build up a position, and even in the process of one or two bitcoin cycles, even bitcoin HODLers can get shaken from their position to sell too much BTC too soon or to fail/refuse to sufficiently and adequately stack up BTC in order to sufficiently/adequately prepare themselves for possible upwards BTC price moves that are likely to come, but that are not guaranteed to come.

Something is really not clear when it comes to Bitcoin, is like the government doesn't want a situation where the public would only be in control over their money, they also want to know what revolve in an individual account, the governments of some countries let me say like mine, give negative impression about Bitcoin and it's also makes the public to abstain from it [Bitcoin].
Yes we have lots of scammers when it comes to dealing on Bitcoin but if they [They Government] don't create a good picture about Bitcoin I don't see it coming out plain to the public especially the old ones. No matter how it is been said I don't see these lies dying off any time soon.

Expecting the government to say something good I think this is just a waste of time because it is very likely, only seali say bitcoin is good even now only a few fingers do that because they realize if they do that to bitcoin then they will definitely will get a boomerang.
I personally don't really expect something like that because this is a condition that really isn't really possible either.
The most important thing is as long as they don't cross the limits with bitcoin then it's already very good with regulations that can be said to be soft enough and I can still access it without fear of anything then that's enough for me.
Even though the government's acknowledgment will ultimately determine a better fate, but on the other hand it is clear that the possibility of such a thing from the government is small and even tends to be impossible.

People in your country can invest in Bitcoin with caution. You don't make any kind of criticism by investing in Bitcoin. You can invest in Bitcoins while maintaining privacy.

Same situation in my country, still Bitcoin is not legal in my country. If the government of my country hears that I am investing in Bitcoin and introducing more people, they will punish me under the law. Still I am investing in bitcoins keeping privacy and trying to spread the idea of ​​bitcoins to close friends of acquaintances.
Bitcoin has been legalized in many countries of the world, it is expected that gradually all countries of the world will legalize Bitcoin.

As they say: a trek of a thousand miles fires up with a lone Satoshi. Or something along those lines, huh? But on the real, sinking dough into Bitcoin is a crazy-long, twisty journey, loaded with peaks and valleys and curveballs. Navigating the wild crypto market demands patience, grit, and a solid chunk of skepticism. So what's the master key? Stacking satoshis to the heavens, or is there a deeper strat?

For this guy, it's straightforward: balance, baby. Harmonize your financial freedom lust with risk appetite, and level out long-term aspirations with short-term demands.

Translation: self-control, tunnel vision, and avoiding the temptation of sparkly altcoins or instant wealth pipe dreams. Stand firm, even when the market's doing the cha-cha or your crew says "ditch it." Most crucially, paint a vivid mental pic of your end goal and buckle down to make it real. Whether you crave "FUCK YOU" money or a cushy retirement nest egg, stay on track, honor your truth, and keep your investment game strong.

Being provoked by conditions like this will actually make us lose and believe it or not I think when we are too impulsive in dealing with things like this it will not be beneficial either now or later.
The important point is again that there is no real guarantee in this case because this is clearly still a risk that makes us not need to be too involved and expect a big change for skeptics because seeing from conditions like what happened before, even if we convince them with data and facts that do exist, they will still have other excuses because the premise is already like that so in something like this, why continue to convince because this will ultimately make us become troubled by ourselves because there is no middle point if both parties feel all the most right, this will only make the debate and skepticism even bigger.

Well, of course how many sats to stack, and whether to get "at the heavens" or some other lower amount might be sufficient remains the million dollar question, in regards to figuring out your own specific balance level that is mostly tailored upon your own situation rather than on the situation (or beliefs) of others... and no problem attempting to gather information from others or however, some of us might absorb information in differing kinds of ways, yet we still likely need to be careful that we are not getting lead down the wrong path in terms of our own short-comings or just not always being able to figure out what an appropriate BTC allocation might be for our situation while also attempting to understand various aspects of our own specifics including but not necessarily limited to: cashflow, how much bitcoin you have already accumulated, your other investments, your view of bitcoin as compared with other investments, timeline, risk tolerance, and your time, skills, goals (investment/lifestyle targets) and your abilities to strategize, plan, research and learn along the way including tweaking strategies from time to time to consider trading, reallocating, use of leverage and/or financial instruments.

The first considerations on the above list are more basic, and the later considerations on the list are more advanced, so of course, on a personal level, each of us should be attempting to strive  to get the basics in order before getting into the more advanced strategies and techniques.


I don't disagree - even though balance and ongoing balance can be a bit of a moving target, even if you may well be in a place in your life in which a lot of your particulars are mostly stable, including perhaps having have had reached a kind of zen state of bitcoin stash size and ability to maintain it.


Can't disagree with any of that... which kind of reminds me of the ideas of "keeping your eyes on the prize, and don't get too distracted," which seems to be using different words to say similar things.   ;) ;)


Interactions with others in regards to the bitcoin topic could play out in a whole hell of a lot of ways that invoke aspects of our own conviction and/or could invoke various aspects of their skepticisms, and so in some sense, each of us can choose the extent to which we are ready, wiling and/or able to engage with others in ways that we might think could be helpful - but in the end, we cannot really control the reactions of others, and if they continuously not want to receive the information or maybe even wanting to do the opposite of what we might suggest to them.  There's only so much that we can do in terms of attempting to guide others, and if they are combative or even wanting to blame us (fail to take responsibility for their own investment decisions), then there may be some needs to attempt to distance ourselves from getting too involved in those kinds of difficult relationships, even though surely there may well be people in our lives who we find to be more difficult than others, and sometimes we still might want to attempt to help them -even if we might not be really sure about how to actually help because we cannot always identify whether some people might not be helpable.. or ready for help or whatever.

Hopefully in our own situations, we are not creating conditions in which we become emotional or overly emotional about our investment(s), and at the same time, there may be people in our lives who we know are easily lead into situations in which they become overly emotional or they tend to gamble rather than invest, and these can sometimes be difficult situations to navigate.  I would not proclaim to know how to deal with a variety of situations, and sometimes each of us will make differing choices in terms of how much we might need to be careful in terms of our own self-preservation in those kinds of circumstances.


Sometimes it can be difficult to resolve incompatibilities or differing views of the world, and surely sometimes we might be able to take a break from a topic and then come back at the topic later - but surely there are some instances in which years and years and years will pass, which might cause the decision to become more difficult to make, and sometimes some of us might get paralyzed and even bitter or resentful about past mistakes (or even successes) that we might have made(had) in our lives.

Many of us already know that there are a lot of benefits in attempting to stay humble in terms of our bitcoin investment(s) and also in our dealing with others, yet at the same time, staying humble might be easier to say than it is to do, and sometimes when we interact with others we might allow (or cause) our own ego to get in the way, but then also there can be situations in which the other person is having problems dealing with their own ego.. and again, not always easy to necessarily know how much to get involved or whether to get involved with that person or to distance oneself when there are these kinds of tensions.

I agree, at these moments. We're all lucky that we've got the idea on what's our purpose and what we must do and that's to stack up no matter what or any amount that we can do and we can only do so much better for ourselves. And they'll only realize it again and we'll surely hear those thoughts again that, "I should've bought early". That's going to be the usual reaction that they'll say after these cycles again.
They like the bull run but they don't like the bear market and mocks the market whenever it goes too dry and low. But they don't take advantage of it while it's on that phase. Whilst us or specifically me, understood it and came from the bottom and did a lot of mistakes before I realize that it's very crucial that they should act before they finally see that it's too expensive for them to buy bitcoin. This is the journey that we have loved and will always love to be part of.

It's not only in your country. And the problem is that the propaganda is probably not specifically targetting Bitcoin. Is targetting shitcoins which are the real scams, but then, the propaganda talks about Bitcoin as any other shitcoin, and normies won't be able to tell any difference, so, Bitcoin and shitcoins are all the same, therefore, Bitcoin is a scam, by mistake! That's why shitcoins are cancer for Bitcoin. Shitcoins are bringing the propaganda into Bitcoin.

You have made insightful observations regarding dealing with the challenges of staying humble and managing our egos, both in our Bitcoin investment and interacting with others. The benefits of humility are well-known to all of us but it is difficult to put into practice when we have strong feeling about something at times and when our ego is threatened. One way to cultivating humility is to taking a step back and examine our thoughts, feelings and behaviors, in particular when our ego might be getting in the way. One effective approach could be to examine the motives and biases underlying our emotions and behaviors to get a more profound understanding of ourselves.

I believe that the underlying character of bitcoin is more important than the economic lie. It's a major problem for everyone, similar to its volatility. If someone invests money that they have saved from a paycheck or other source of income outside of the cryptocurrency realm, they will undoubtedly regret it if they lose money because this isn't how regular savings and investments operate. But undoubtedly, the widespread adoption of Bitcoin is also impacted by the huge lies.

It's okay to be sceptical about BTC's nature but what is wrong is if you are sceptical after hearing those fake information about BTC but indeed it is no surprise since everywhere we go, there will always be haters. BTC doesn't threatens anything because it is unique.

It is digital while traditional fiat systems are offline. There are still other differences between them but I think I am not going to tackle them anymore. It's already in the nature of people to resist things and it's funny that they will regret later on. We have seen a lot of complaints like that here in Bitcoin. We need a society which are open-minded so that our lives can improve quickly.

Indeed, in this case it is true that sometimes it is very difficult to adjust the view but actually it goes back to the existing problems as well and I think for the condition of the pros and cons about this bitcoin issue all most likely will never be finished and skepticism of course will definitely exist even though maybe in this case time is also decisive to answer that and do not rule out the possibility of reduced skepticism but still something like that must exist.


I agree with this because ego is definitely a problem that is enough to take us off the path we set out on in the first place.
Interaction and maintaining humility is slowly being lost as the conversation gets more intense and indeed I still get out of line when talking about bitcoin.

I agree with these since, in our country, majority of those who are not fully aware with it are not only skeptical with it but also have their mind stamped on the idea that bitcoin or anything related to the cryptocurrency is nothing but a scam. But these are really due to the incidents of scam that uses the cryptocurrency platform thereby affecting the integrity of it and how the people viewed it. Also, those who do not really know that volatility is a nature of cryptos makes them view the pump and dump of cryptos to be overwhelming that they do not want to invest on it since they see more the potential losses rather than the great opportunity to earn with it. So, having effort to have knowledge on the cryptos and sharing it with others would help minimize the negative connotation related it. Also, we should always assess the news related to cryptos so that the real news will not be affected by the fake information as well as analyzing each news by looking through its sources so that only the useful information can be extracted to it to help the overall integrity of cryptocurrencies.

Bitcoin is officially banned in my country(Bangladesh) like yours to the point where we can't talk about Bitcoin openly. If the government police force deals on Bitcoin or does any activity online, They identified and brought under the law and faces exemplary punishment. Money Laundering Act of 1972 was passed in Parliament in our country to prevent people from getting addicted to Bitcoin.
However, for the past few years, some politicians of our country have discussed the legitimacy of Bitcoin several times in the Parliament, but there is no positive response from the government. Our country's neighboring country India has legalized bitcoins by taxing them above 30% in parliament while my country is afraid to even research on bitcoins.
But the happy thing is that about 4M people in our country are indirectly familiar with Bitcoin and involved in Bitcoin investment and transactions. However, if there is a positive response from the government, people in our country will be able to spontaneously engage in Bitcoin transactions and use.
Now coming to the main point, my country is facing tough economic problems and especially due to inflation common people are afraid to save money in banks. In such a situation, the government has taken a tough precautionary decision on investing in bitcoins and the government has termed investing in all types of bitcoins as a tough risk. Such a situation people of my country are not trusting the banks but quietly they are deciding to invest in bitcoins and make long term holdings.

The people that knows how Bitcoin works will not buy the lies because of the knowledge. But because of the fluctuation in rates/prices, it's easy to tell the lie because nobody wants to lose the money invested.
In my opinion, many see Bitcoin as gambling because of its volatility and I think these narratives need to be changed also I want to believe that Bitcoin is a threat to banks, with this, the banks will want to spread negative news to the government and citizens. The bank's concerns and fears aren't now but the future.

Yes.. it is true.   Almost everything related to crypto is a scam.  

Fuck crypto and fuck shitcoins.

We are talking about bitcoin here..

so if you are able to start out your discussion (and even your thinking and your framing of the matter) in terms of bitcoin, then likely there are some ways in which we might be able to consider some of the shitcoins, crypto and/or bitcoin adjacent projects in terms of not being scams..

but if you start out your discussion with some bullshit vague-ass terms.. such as talking about "crypto" then who the fuck is going to treat you seriously?

I would suggest that you rewrite your post and address the matter of bitcoin first before devolving into talk about those scams called shitcoins and/or vague terms such as "crypto" whatever the fuck that is?  or whatever you had meant to say when using those kinds of terms?    Now if you had meant to talk about bitcoin, then go ahead.. use the word bitcoin so that readers of this thread will know what you are talking about Twentyonepaylots.


Wow..    Sometimes it is not easy to figure out how to deal with bitcoin to acquire it and or to use it in some locations.. and it is kind of sad to see such a stance from your government, and surely people get scared when their punishment could happen or become somewhat severe (or disparate.. when punishment ends up being enforced on some people and not on other people), and it seems to me that it will be more and more likely when governments are so hostile to something like bitcoin, then more and more underground systems are going to be created and potentially even causing people to revolt (or rebel) against the kinds of informational and infrastructure controls that they are trying to achieve...

Even having high tax levels (of 30%) such as in India, is also likely going to push people towards more and more underground systems in terms of their bitcoin transactions and/or managing their holdings (to the extent that they can get and/or use bitcoin through peer to peer mechanisms rather than through KYC mechanisms).

@initim, It's not only about people who know about Bitcoin already, it also concerns those who have the desire to venture into Bitcoin, but after hearing those economic lies about Bitcoin, they end up having some misconceptions about Bitcoin that can kill their desire to invest again. So it doesn't only concern the already-existing bitcoiners.

Despite the fact that some people see crypto as gambling, the fact remains that there are a lot of cryptocurrencies in the crypto market, and due to the fraud issues that some crypto beginners have experienced with some altcoins, they just conclude that the entire crypto market is a scam, or some say it's gambling.

For someone who has not even had any experience with cryptocurrency to say crypto or bitcoin investment is gambling, that means they have gained the wrong information, either from some economic lies, as the OP has said.

If you talked about price and volatility, that has been the nature of Bitcoin for a long time now; the market always fluctuates, which even gives individuals the possibility of buying at a low price and making profit when the price is bullish again.

The only challenge some people are having is that they rely on spoon-fed information; as such, they don't do some research themselves to gather the information they want, so they can be mislead with any wrong information they get. So, if we by chance come across this kind of person, we should explain to them and make them understand how Bitcoin works instead of leaving them in their misconceptions.

Yes... "We" should try to explain bitcoin, if we can and if the person is receptive towards hearing about bitcoin and how it works.

It's not necessarily easy, and frequently when we interact with others in terms of talking about bitcoin, we are likely going to ongoingly find instances in which we either do not know the answers or we are not able to explain very well in order that the person on the other side of the conversation sufficiently understands and/or is able to get enough from our conversation in order to research into the matter further.  People learn at their own pace, and frequently they have difficulties finding information, and even if we might share information sources with other people (by sending links), they might not read matters that we sent to them or be inspired to look into the matter further, in terms of information sources that we had provided.. and sure, the information (like we presented) may well not be "on the news" from the sources that they are accustomed.

It can be a lot of work for any of us to read information that others send to us, especially if we are busy, and we might ONLY be half interested in the topic (but the person telling us about it seems to be "very interested" in the topic and even seeming to contradicting the level of enthusiasm that we expect in regards to such a topic as we have heard about such topic, previously). 

Are you trying to say that is a lost cause?
I still believe that there's a way that all these can be resolved, I don't know how but I feel if some certain individuals come together and discuss about it that the governments who speak ill about Bitcoin can have a rethink or maybe make it open a little bit, open in the aspect of making the public know how useful and important Bitcoin is. With time other countries will adapt to it, and before you know it countries that ban Bitcoin can legalize it.

It's good that you're following suit too, you know Bitcoin has always faced some negative press due to its volatility, but it's important to remember that the technology behind Bitcoin, the blockchain, has the potential to revolutionize the way we handle financial transactions. While it is true that some see Bitcoin as a form of gambling, others see it as a legitimate investment opportunity.

See also Banks' concerns about the rise of Bitcoin are understandable, as it has the potential to disrupt their traditional business model. However, it is also important to consider the benefits that Bitcoin can provide in terms of financial freedom and decentralization.

Over a decade Bitcoin has spread among people but the light of its knowledge has not yet penetrated into all people. However, it will take some more time to cross this long road, because we have seen many banks go bankrupt, so it is suitable for Bitcoin as the right asset to hold for a long time. I prefer Bitcoin as the right asset, because Bitcoin is a total scam in the country I live in. But we are willing to break the rules of our country to convert assets to Bitcoin and have informed friends that holding assets for a long time will definitely increase the demand and price of Bitcoin in good future. And we all should take initiative to adopt Bitcoin and spread this message among people.

You have actually highlighted the reality like if I say bitcoin or crypto currency is still banned in my country, a few days back those who traded they had to go to jail. Here I will not only blame the media or the banks, there are also many political factors which create a bad impression among people about it for their own benefit. Moreover, there are some bad persons who do bad things through it and the blame goes on Bitcoin.
You will be surprised to know that there are many of my classmates who when they hear the name of Bitcoin think it is something illegal like it is used by only hackers and money launders. But Hopefully, most of the young generation in today's world is taking cryptocurrencies positively, hopefully the negativity about it will disappear in the future. So I think all those government and bank propaganda will not be useful in future

So what do you expect after starting the conversation.
The initial concept of bitcoin ran counter to the concept that governments run as to whether they will accept it as one of the things they can run.
We must be aware that the government is trying to continue to be in control of the order they control, so when talking about bitcoin, this is clearly contrary to what they believe in.
Even though there are indeed a number of countries that end up here, like El Salvador, for example, that's only a small part of the big countries that control it.
There is no middle point where the debate is between the pros and cons because both have the same desire to beat each other.

Bitcoin is in circulation in almost every country in the world. Bitcoin has been approved in many countries and Bitcoin has not been approved in many countries. But still Bitcoin is gaining massive popularity constantly. Very few people in the world are not interested in investing in Bitcoin but it is seen that almost everyone who is related to crypto world is involved in Bitcoin investment. Countries that have not approved Bitcoin believe that legalizing Bitcoin will cause economic damage to the country. But I don't think it's like that, the way Bitcoin price increases, all countries will benefit economically if Bitcoin is legalized. Even in the country where I live Bitcoin is not legal, it is legally a crime to circulate Bitcoin. Bitcoin is not legalized in my country because the government thinks that if bitcoin is legalized in the country, a lot of illegal work will be done with bitcoin. And the people of the country will be involved in criminal activities including various economic and political that is why bitcoin is not allowed in my country which is still legal crime bitcoin circulation.

I don't think it's entirely due to the bank's negative propaganda economic lies, but people need to adapt to bitcoin where we have to learn the basis for running investments, so that when it first appeared people were still very hesitant to invest. My own closest example, when bitcoin was introduced, 1 to 8 years of its journey, I was still hesitant to invest.

Because I'm not fully familiar with bitcoin and what it has to offer, but on my way I started to learn bit by bit the advantages of bitcoin and in the end I found advantages of bitcoin that other investment models don't have. Even gold, one of the investments that is able to maintain value, is also not the same as bitcoin, because the profit process that we get takes a very long time. Meanwhile, bitcoin fluctuations are a force for maximum profit returns in a relatively short period of time according to our ability to analyze the market and this advantage is one of the choices for people to choose bitcoin.

The bitcoin stigma is a bigger scam propagated by the mainstream media, both structured and government planned. However in general, this stigma disappears by itself with regulations in each country that bitcoin and crypto are legal as commodity assets and not as legal tender.

So that people's involvement in it sometimes depends on the understanding they receive, but as far as the development of bitcoin until now many people are starting to open up to accept and try to invest in bitcoin, even though there are some countries that still prohibit bitcoin to this day.

Bitcoin is still not supported by the government of most countries. The banking sector also consider Bitcoin as their enemy. Bitcoin is moving forward in such a situation. As Bitcoin has a strong foundation that is why Bitcoin continuing to move forward even in such a negative situation. There are a few things that make me wonder. We have seen the tendency of some government employees of our country to use Bitcoin. Although they use it secretly. According to my assumption i think the number of Bitcoin users could be countless. Especially 1.5 out of 3 parts of the total literate population is connected with Bitcoin. Its number is increasing day by day. But the good news is that despite this adversity, Bitcoin usage continues to grow. Citizens of every country are now trusting Bitcoin but the government is opposing it. But it should also be accepted that the government of a country is established by the people of that country. So there is no way to stop Bitcoin by restricting.

 However, there are also many supporters and believers in Bitcoin who see it as a revolutionary technology that has the potential to transform the financial industry and create a more decentralized and transparent system of exchange.

Bitcoin is going through its downsides but the banking sector in particular feels the most hostile. As I am talking about my own country Bitcoin is illegal in my country, but secretly often 4/1 people are connected to Bitcoin. Because the government of my country also deals in bitcoins like importing goods from abroad but the transaction is completed through dollars or bitcoins but they don't let people understand that. Like Bitcoin is illegal in our country but we have a lot of people coming from banking sector and there are countless people who are connected to Bitcoin. Bitcoin has been on this journey for a decade but it is true that governments and politicians in many countries will be more connected in the future. At some point, Bitcoin will spread its influence in almost all countries except the least developed countries.

I have been involved with this forum for 10 years. Bitcoin is not valid in my country. Yet I continue to work without harassment in my country with Bitcoin transactions. I can exchange bitcoins from the bank to my local currency. But I never got into administrative trouble. I appeal to the government to legalize bitcoin in the next budget considering the unemployment rate in my country. Since Bitcoin is not legal, we can use it without any tax, but if Bitcoin is legal, we can use it more boldly in transactions and all activities. We will be able to enable Bitcoin transactions in various businesses, which we cannot do now. I have always respected Bitcoin because I have been able to run my life beautifully with Bitcoin. But I hope very soon all countries will accept Bitcoin and we will move forward to live a better life using Bitcoin.

From what I can see Bitcoin is still banned in several countries. Almost people in countries where Bitcoin is still banned are now involved in Bitcoin and they are using Bitcoin and doing many transactions through Bitcoin despite Bitcoin being banned. Hopefully in countries where Bitcoin is still illegal.  They will be legitimized very soon. When the countries that have more representatives understand what Bitcoin is then they will declare it legit. They have no idea about Bitcoin which is why they have declared Bitcoin illegal.

I like people who do not take a word for what they hear, those who think and check any information that they are given for review. But people are often lazy and it is easier for them to miss something that may take a long time to study than to understand this issue.

Bitcoin require a lot of time, since this is a very broad topic and in order to understand it, we need to have a desire for this, so that a person wants it himself, otherwise this is will be a superficial acquaintance, according to which he can remain with his original opinion. I believe that there should be a time for everyone to embrace and understand bitcoin, those who do so early will be able to gain an advantage.

Yes.. it probably takes many exposures (more than 6), and if the exposure is misinformation, it could take way more information to clarify inaccurate information rather than to just understand accurate information... sometimes the inaccurate information might line up with a person's view of the world and perhaps even the inaccurate information will reinforce other inaccurate information, so then the inaccurate information might become more believable for some people, and more difficult to both understand and start to give credibility to the accurate information.

In the case of bitcoin there are a lot of different angles in which there can be difficulties in understanding, even beyond a potential belief that "government has to approve monetary-like assets" or "debt is needed in order to facilitate 'growth' and "prosperity.'"  So, it could take a long time, just to understand bitcoin's role, and of course, there are other angles that have been mentioned, too.. in terms of the various other kinds of misinformation in regards to bitcoin that people will tend to believe.... such as it does seem to be so fantastical.. and that there is confusion between bitcoin and crypto..and those kinds of confusions are purposefully reinforced and contributing towards difficulties for normies to really wrap their heads around what bitcoin is and what makes bitcoin valuable for everyone as a kind of "people's money."

It is true that most of us lack of knowledge about bitcoin and we can say that we have poor knowledge about bitcoin. I have ‍also doubt about how reliable that little knowledge. But I have been able to understand that it definitely takes time to get good knowledge. Only when we understand ourselves better will I be able to expand it rapidly. I've seen a few national newspaper that report on Bitcoin, they report a lot of negative things about Bitcoin, but the main thing is that their reports seem completely baseless because their reporter mingle Bitcoin with altcoins when they report on it. But the problem is that when they are good media reporters, the news is spread all over the country. Even if misinformation is over-reported, it seems true to people. That is why one should know Bitcoin well first otherwise a false information sometimes wants to take the place of the truth. So everybody should acquire proper knowledge about bitcoin.

It is true that there are many complexities surrounding Bitcoin and its role in the financial system. si. Many people are skeptical of Bitcoin because they don't understand it, and they may have heard misleading information about it and one of the common misconceptions is that Bitcoin is only for criminals and illegal activity. This is not true, because Bitcoin has many legitimate uses and can be used for everyday transactions, just like any other currency. Another misconception is that Bitcoin is the same as any other cryptocurrency, when in fact it was the first and most famous cryptocurrency.

yes indeed the existence of bitcoin has pros and cons, but in my opinion if everyone already understands about bitcoin of course no one will feel disadvantaged, and in my opinion it does not rule out even less developed countries in my opinion will definitely be interested and may adopt bitcoins as long as there is internet in the country and so on.

All the bad assumptions that have been built by some parties about bitcoin to the public in various countries are already running and many people are consumed by these bad assumptions. I think it will be difficult to fix the problem, because that assumption is deeply ingrained in their minds. So it definitely takes a long process to change their negative thoughts about bitcoin. To be honest, the people around me who know about bitcoin mostly still consider bitcoin as an uncertain asset and prone to fraud.
And I also read a post on the website, about the company Block inc doing a survey to people about their opinion on bitcoin and one of the points they got from the survey result is
Source: https://id.beincrypto.com/block-inc-find-the-main-reasons-why-there-people-who-don't-have-bitcoin/

And I can also conclude that people who know about bitcoin and dig deeper, will have more positive thoughts about the existence of bitcoin.

Bitcoin is illegal in our country, but many people are secretly using Bitcoin. People of our country will have a lot of trouble to know about bitcoin (what is bitcoin and use of bitcoin). Because not all people are literate, (about 70% of people are literate) 4/1 people are experienced about crypto currency but the rest of the people may have difficulty in understanding when you talk to them about Bitcoin. However, they can be given some knowledge about Bitcoin, but it takes a lot of time to motivate them.
When discussing Bitcoin in particular, the most important thing will be the difference between (Bitcoin and Cryptocurrency). Discussing this will certainly increase people's interest in Bitcoin.

Usually the government always gives bad assumptions about bitcoin so that absorption into the community will be stronger that some of them don't believe in bitcoin because they follow the views of the government, about the negatives and positives of course that's for sure because several problems often arise which cause links to bitcoin but I wouldn't be surprised because where any government doesn't want bitcoin as a serious asset or even an investment for society the government also doesn't want bitcoin as a rival to fiat.

Including myself, who have been with bitcoin for a long time by learning many things, so this will be very positive for me with the existence of bitcoin now, not only that bitcoin can change financially, those involved in bitcoin can buy whatever they want.

The value of bitcoin does not come merely from the fact that it was first, even though it is factually true that bitcoin came first (well it was built on other principles and experiences too in order to combine some previous innovations in somewhat unique ways to have the communication of valid coins to take place over a network with competing entities/individuals pursuing their own self-interests therein).... ...

so there is likely some advantage that comes from a kind of bitcoin protocol that builds upon itself.. and any potential replacement would likely need to be somewhere in the ballpark of 10x better or else any potential replacement would just be absorbed into bitcoin... so many of the shitcoins and supposedly competing products are not even close to better than bitcoin, even if they claim that they are, but even if they were, they would need to be around 10x better otherwise the incumbent (ie king daddy bitcoin) is going to continue to dominate.. even if it is attacked by a variety of actors, including nation-states and traditional banking institutions and status quo richie peeps who see bitcoin as a threat, but likely they can do nothing about it, even though they will try and likely continue to try to beat bitcoin, which might cause difficulties for king daddy bitcoin, but with the passage of time value is likely to continue to gravitate into bitcoin because it is superior to any other current system and likely superior to any system that would need to be 10x better than it, in order to replace my lil precious (aka dee cornz).

There are many factors that might cause a government not to legalize Cryptocurrency, one of which is that most of them want to keep their currency, even though Bitcoin is worldwide and it is a digital currency that is decentralized because of this maybe the government and also an organization still don't provide license to Bitcoin.

That's the role of the government in playing the power to restrict bitcoin, but frankly they failed to create a barrier for society regarding the stigma bitcoin is a fraud. The collapse of several bank-managed fiat systems made people increasingly aware that the existing system was much riskier than bitcoin travel. Today people are starting to realize that the concept of bitcoin is much more rational and control over investments is much lighter on behalf of individuals and does not need other parties.

Adoption of bitcoin has continued and has met equity levels, although for now it only acts as a commodity asset in most countries and some countries' bans restricting bitcoin have also had no impact on its journey. Bitcoin continues to live up to the desires of many people in investing and there is great hope when people try to believe in this system of freedom.

Exactly, and overtaken is allowed, if any cryptocurrency is capable of overtaken bitcoin, the ecosystem is allowed but I doubt if any crypto is or have the ability to overtake bitcoin. Only the popularity of bitcoin alone is threat to other cryptocurrencies.

Well the pressure Bitcoin used came was more stronger, higher than any other coin. Because of the way (the goal and the aim) Bitcoin was created and no any other coin can compete with it. As you said, the uniqueness nature of bitcoin is making it to be a super coin in the space.

The advantages in Bitcoin are plenty. And because of that the adoption of bitcoin is in various countries in the world is increasing every day. And no coin or crypto can overcome bitcoin in anywhere.

Another 20 years will pass but some people will still not trust Bitcoin. Bitcoin is a digital cryptocurrency whose price will always fluctuate more or less. We cannot be disappointed. We have to believe that success can never be achieved without risk. And now it is heard that the bank is closing due to bankruptcy. Gradually people will lose confidence in banks. At some point it will be seen that most people will trust Bitcoin and invest in Bitcoin.

 
I got the idea about Bitcoin a year ago. Bitcoin is not negotiable where I live. Bitcoin is still illegal in my country yet I cannot stop investing in Bitcoin even though it is totally banned. Caution should be exercised when investing in countries where Bitcoin is still illegal.

Slowly I think Bitcoin will be legalized all over the world one day.

It cannot be said for sure that Bitcoin will be valid worldwide one day, but 70% of people in the world will know and understand Bitcoin well one day. Governments of various countries around the world have already taken groundbreaking steps which can be understood when you see the direction and groundbreaking steps taken by the President of El Salvador Nayib Bukele on Bitcoin. He has already exempted all taxes on Bitcoin and is considering implementing Bitcoin in the country's education sector.
President Nayeb Bukele has organized several term courses on Bitcoin at university level and so far they have started courses on Bitcoin and Lightening Network with about 54 students. Experts are optimistic that Salvador will rule the world's only Bitcoin in the not-too-distant future.
However, due to various political and economic issues in my country, it cannot be said with certainty that there will be any positive response to Bitcoin by the government and government banks in the future. But one thing is clear that as a result of the interest shown by the people of our country secretly in Bitcoin, the government of our country will be forced to legitimize Bitcoin either intentionally or unintentionally in the far future.

I have known Bitcoin for half a decade. At that time Bitcoin was at its highest peak. Even so it has not been able to touch more than 10% of the world's population to take part of Bitcoin.

Indeed, the system that exists in the world today is a form of manipulation by those who control the world. I believe in conspiracy theories that say that in the world there are certain people who control humans through the economy.

I believe BTC can provide something more honest and fair than current FIAT money. But there is a lot of negative news about Bitcoin. I believe there are people playing behind all of this. They participate in Bitcoin and worsen BTC's image in the eyes of the world community. But I believe in the next few decades people will know the value of Bitcoin and it will be the downfall of the people who control this world.

That's because whenever there's a ponzi scam that used bitcoins or any cryptocurrencies as their main props, the media will take the advantage to highlight the name bitcoins in headlines as if it's the main culprit to scam those people but in reality, bitcoins and crypto are also victims of the said scams. The majority of people who see that will gonna think not to go near whenever bitcoins are talked about and they will miss the opportunity to invest and also lose interest in whatever good you said about it. But those who know the reality won't gonna paid much attention to the mainstream media rather they'll do their own research and ignore what other people say especially those hostile against bitcoins.

Most of the world's population is still out of Bitcoin. Moreover, the governments of different countries are still not able to accept it. BTC has not yet been able to reach that goal due to their various negative constraints. But the positive thing is that Bitcoin is still moving forward. While the world is fallen in the trap of inflation and losing value to fiat currencies, Bitcoin is holding its place. Even when people are losing faith in the banking system, Bitcoin is acting as a bank. Bitcoin is playing a silent role when many financial institutions are running misinformation about Bitcoin as a competitor. But the positive thing is that Bitcoin is moving at an equal pace. Gradually people of the world are gaining knowledge about Bitcoin and gradually they are able to trust Bitcoin. And as a reflection of this, Bitcoin is getting legal validity in different countries.

Bitcoin will never be legalized in my country (Bangladesh) because inflation is the most talked about issue in my country right now. In the last 13 years my country's currency has had 160% inflation. The rate of inflation after 2025 will be 200% due to the way the prices of various daily necessities are increasing and increasing in my country. That is, in 2023, it will take 200 tk to buy the product that costs 100 tk in 2025. So in the current and future situation in my country, common people will be forced to invest in bitcoins instead of depositing money in banks. Because in my country investing in Bitcoin will be much more profitable than keeping money in the central bank and the investor will have full control over Bitcoin. But for now the Bangladesh government is not taking any far-reaching plan to legalize Bitcoin but the government will be forced to legalize Bitcoin in the future.

Never say never.

Big changes sometimes can happen and do happen.. and sometimes those changes are violent and sometimes they are peaceful... some times they happen quickly, and other times they might take 20-50 years or even longer.

So, yeah, if a change happens in 50 years, then for all practical purposes, you can say that you were right, no change happened in 50 years.. but so what,.. there are already dynamics in motion that make it difficult to predict various changes that are likely to occur including a lot of gravitation of fiat value into the dollar from each of the collapsing currencies, and then after all (or most) of the other fiat currencies collapse, then the dollar will collapse too.. it's just a matter of when, not if... especially if you understand the precariousness of the current inflation, debt and money printing system that is lacking in soundness (and backing).


Ok... you are saying the same thing as me.  They are not going to willingly want to legalize bitcoin, but it seems quite likely that either bitcoin is going to end up being legalized or some other sound money that is similar to bitcoin. .and there is no replacement candidate that is even close to as good as bitcoin, currently.

Bitcoin has been around for almost 14 years as of today. Now people have come to believe that Bitcoin will not end easily. Day by day people are increasing their faith in Bitcoin. Day by day more and more people will be interested in Bitcoin. People will then feel free to start investing in Bitcoin. Although people are very interested in Bitcoin and want to invest, seeing that it is banned in their country, people are afraid to invest.

In countries where Bitcoin is illegal, if people start investing heavily in Bitcoin, their government will see that people are so interested in Bitcoin. Then the government of that country will make it legal.

Even right now media still constantly feeding wrong information the way before they always state that people get scammed in Bitcoin which is always misleading and we that we know the real information on this are just laughing and at the same time frustrated to why they are still keep insisting that bitcoin is scam. They are really scared of Bitcoin that really is but again there are now a lot of countries accepting or adopting Bitcoin which means those doubts will be gone soonest

I am also a citizen of the country you are talking about. A large number of the people in our country had a tendency to save money in banks. But since the reduction of interest rates and inflation, people are not willing to keep their money as significantly as before. Moreover, the country's stock exchanges are down trending. Gradually investors want to get rid of the conventional situation. In this situation they are looking for an investment that is reliable and self-regulated. Stock Exchange does not have its own regulation. There, a variety of regulatory policies from the central level have often pushed the market further down. Now investors want a release from the govt. regulatory agency. The good news is that many of those investors have learned about Bitcoin and are investing in it.

Today we are proud to say that a large part of our country's investors have invested in Bitcoin. Some are holding there and some conducting trading. The number of investors increase tremendously in the crypto market everyday from this country. They think that Bitcoin can be their only weapon to survive this war of inflation.

If you notice one thing, you will know that many banks are going bankrupt every year in our world or abroad. And the money of the bankrupt bank is the responsibility of all the people, so in the current situation people's demand for the bank is decreasing. (I saw in a news media that there are about 26 bank failures every year across the country). So people are giving so much credit deficit and people of different countries are interested in accepting this Bitcoin because it has very less chance of loss.
Although profit and loss exists everywhere so I think investing in Bitcoin will be a little less risky. (Because keeping money in the bank can lead to a total deficit, but investing in bitcoins has a very low chance of a deficit). Recently some time ago in my country also bank went bankrupt (Islami Bank Limited) due to which I discussed Bitcoin with my friends and they are interested in adopting it.

There has been a lot of irregularities in the global banking system, especially in my country and in your country, public and private banks are suffering from insecurity. Last year among the Bangladesh Central banks several government banks including Islami Bank Limited Bank went completely bankrupt and the public confidence in the bank was almost completely zero. In this case, people withdraw their savings as much as possible from the bankTrying to invest in places especially people in my country are investing in bitcoins by avoiding government tax it is positive for bitcoin as well as negative for government. If this continues then in the distant future government and private banks including Bangladesh Bank will become unpopular and people will no longer want to store money in banks. So I am the future for BangladeshI don't see any far-fetched thinking about Bitcoin adoption. It is certain that there will be a positive discussion on the legitimacy of Bitcoin in Parliament if there is a positive response from the government.

I'm guessing that you live in a place where your government is opressive..at least to an extent?  If so, don't people realize that, and then think to themselves, "well if my government restricts much of what I do just in general, and try and control us..wouldn't it be the same thing with what they are telling me and our citizens about bitcoin?"...maybe this isn't the case for you OP...but it is for a lot of people across the globe..and I just always wondered if people put two and two together.

I agree with you two that even without an economic crisis, some banks would go bankrupt, and depositors would lose money. But to be fair, it cannot be said people's trust in banks is almost zero, that is not true. That will never happen even if more banks fail, as long as people continue to trust the government, they will still trust the bank.

Using bitcoin to evade taxes in your country will not make bitcoin legal, that just makes the government hate bitcoin more. Another thing is don't expect to go against the government, they are still the most powerful people in your country.

Bitcoin or banking both have pros and cons, no one is perfect, and they have their own use cases. Use both for the right purposes, and we'll be safe.

Banks will not go bankrupt if there are no cases of economic crises, trust and regulations that harm them. Banks only control third-party capital as service providers, so the economic crisis and public trust are very influential. Imagine if everyone withdrew all their money at the bank, then it is certain that the bank will quickly go bankrupt, although cases like this are rare because fiat is still quite needed by the community.

As the adoption of bitcoin expands, it is not impossible that people's trust in banks will decrease, moreover, there are many problems faced by banks today, especially services that have problems almost every week. There will always be pros and cons in any system and even in bitcoin, but it depends on how they are resolved and what advantages are offered to users.

Bitcoin is an asset that the government has always been against, because they are worried about bringing down the old system and if people are being honest that's why regulation has always been pushed. However, if you take a closer look, bitcoin does not act as an opponent but a partner for fiat to push each other. Real proof that in my country bitcoin is taxed and we have to convert bitcoin to fiat when transacting.

It is this mindset and concern that is continuously being circulated and actually I don't think that far ahead, because people have their own evaluations of bitcoin and fiat. Honestly or not bitcoin provides a choice for the public and fiat still acts according to its function.

Truth is not a matter of how they issue something, but when used they provide convenience and its own benefits. That's why bitcoin is getting wider to adoption at this time and of the many advantages it offers.

The government, including in my country, often campaigns and says Bitcoin as fraud is a lie. Even though Bitcoin carries high risks and volatility, it is true, but that does not mean it is a scam or a Ponzi scheme. Bitcoin is a decentralized digital asset that allows the transfer of value without intermediaries, which is known as blockchain technology. However, like any other investment, Bitcoin is subject to significant risks and price fluctuations, so investments must be made with care and tailored to each individual's risk profile. The government should educate the public like that, not the other way around.

The government lies to mislead many people to choose money and create economic lies as you mentioned through the negative propaganda of the Bank. The government should offer various options for investing, including bitcoin, so that in the end the final decision still depends on the preferences and risk profile of the individual people.

If the people of a country where Bitcoin is illegal use Bitcoin, the government will surely oppress and harass the people. Because (if people learn to use Bitcoin, trust in banks and fiat transactions will go down) that's why the government prohibits people from using Bitcoin if it's illegal. So i want to say bitcoin is illegal in my country but we are using bitcoin secretly. There will come a time after 2030 when half percent of people worldwide will be interested in using Bitcoin.

A financial system with an unlimited ability to print fiat money is outdated, it always leads to the same result, an increase in inflation. And the modern world is changing very quickly, I remember until recently everyone went with push-button phones, now smartphone is the norm for every, but only a few years have passed.

The same can happen with the financial system, everything can be updated very quickly and the usual financial system with printing presses will no longer exist. If bitcoin takes a leading position in the system, this will be a victory, since its emission is limited, but if fiat money is replaced by CBDC, then this will not change the essence, since governments will also be able to create any amount, which in the end will also provoke an increase in inflation.

After Covid-19 people have been able to realize the benefits of digital transactions. The government of a country can print fiat money as he wants to maintain the financial system according to its needs, every country's government has that power Though there are some rules to follow., moreover, due to corruption in some countries, fake fiat money has also been used. Where fiat money is printed, that money is released in the market. Bitcoin can be a perfect solution for all these issues. Because Bitcoin has a limited supply, no one can influence it. No one can increase his needs. Which will be a big advantage for Bitcoin. Bitcoin can be a big solution to get rid form the inflation. Bitcoin can also be a significant solution for domestic and international payments.

Such decisions were made by governments to stimulate the economy, they began to print a lot of fiat money, this is a stupid step, this is just a temporary solution, instead of treating the disease, they decided to just relieve the symptoms.

It is clear where this led, it has significantly increased inflation and now we will see how they raise interest rates to stop inflation, but this does not give the expected result at the moment. With stupid decisions, they temporarily solve one problem, which eventually turns into another, and the problem is that they only want to solve current problems and do not want to think about the consequences. It would be very interesting for me to see how things would be in a country where bitcoin would be a means of payment.

yes, bitcoin is a good asset because bitcoin can be called anti-inflation because of its limited supply, but of course it is inseparable from risk because of course all businesses have risks, so when investing in btc you must prioritize knowledge and knowledge.

but in my opinion one day the government will definitely embrace btc because btc has more and more enthusiasts because btc can be said to have a bright future.
but we must be patient in dealing with situations because everything also requires a process.

I have seen various news media always promoting negative news related to Bitcoin. They only want to convince people that nothing good will ever happen with Bitcoin but they never highlight the good aspects of Bitcoin in their reports. Various reports are published in various media about the fact that a person has lost all his wealth by investing in Bitcoin or will not survive in front of Bitcoin, so that common people who are interested in investing they get confused by such news and refrain from investing. Since good things are happening with bitcoin why do they only highlight bad things?

the governments of each country certainly have different views about bitcoin, some see bitcoin as fraud and so on,

but there are also governments that view bitcoin as a future asset and adopting bitcoin will be potentially profitable in the future, for example the state of elsalvador.

but in this case we have to be wise because indeed investing in btc is something risky, only certain people dare to invest in btc.

So we have to be wise in dealing with all of this.

It is not surprising to see the media saying only negative things about bitcoin. The government is behind the media, and they don't like bitcoin at all. So what do you expect from the government? Will they urge people to leave fiat money and invest in bitcoin? But unfortunately for them, today's media is not the only way to spread the news, and we have social networks. So their defamation of bitcoin and hiding its benefits will soon lose its effect as people will hear different things about bitcoin through many viral social media channels.

What else do you expect from a mainstream media that's been gagged by the authoritarian governments that are against the decentralization of bitcoin. They need to play to the tune of the government just so they could continue operating in a supportive environment without restrictions and hassles. Hence the wrong informations about bitcoin.

These media houses are suffering same fate from government as bitcoin but they don't really has the wherewithal and the liberty that is expected of media to enjoy in their profession. And most of these media stations are co-shared or owned by these politicians in government and we shouldn't expect anything less. But one thing for sure bitcoin will keep thriving regardless.

I think , There's potential for reaching a midpoint in this conversation. Yes. Education is the key. Brother, We have to make people understand what blockchain and crypto are. When they know what's going on, they can make smarter and responsible financial decisions without fear and worry. Regarding the way of the government, Most importantly they don't change all the innovations and stop the growth of this blockchain technology because they also know the huge potential that is in BTC.

Humans are inherently more fearful than other animals. And people are very sensitive to money. So when different kinds of campaigns are made about this money, people think about the maximum security of their money and consider those campaigns to be true. Various banks and some other online banking services of the country or some government media who regularly present bad opinions about Bitcoin to the public and always conduct awareness campaigns about Bitcoin, as a result of which people refrain from investing in Bitcoin for fear of losing money. But they never invest and see how true the campaigns made by banks or various media about Bitcoin are. If people would have checked these things instead of just relying on propaganda then maybe a lot more people would have invested in Bitcoin.

Too much bitcoin procrastination has scared away many investors in the space; the uneducated continue to distrust and refuse to invest, while the wise have access to bitcoin and are making big profits from the initiative. Bitcoin has both advantages and disadvantages; that is how it works, some days generate profits while some days lossesare recorded. We have bitcoin supporters and detractors, individuals who refuse to accept anything positive about the idea of bitcoin. They are constantly spreading erroneous details with the aim to entice investors away from the enterprise.

Disinformation through the propaganda of Banks sounds interesting but a smart fella who was never involved with Bitcoin from the beginning will know what Bitcoin is up against when they read about it, Bitcoin is the first challenger of the centralized power, it's the first true decentralized currency that stands to survive in a centralized world, you don't need to be told that Bitcoin is in for a long fight against everything that the centralized business, companies, money has to offer, what more would you expect?

News and Banks feeding the audience disinformation about Bitcoin is expected and should not be taken seriously unless you failed to read about Bitcoin at all.

I don't think education will really help much. When talking about the pros and cons, regardless of whatever the form is, even though there are many thinkers there, the pros and cons will still be there.
We know that many people often argue about bitcoin and it can be said that not only ordinary people but even billionaires often argue because they have many different views.
Having more knowledge in bitcoin doesn't mean we can all like bitcoin because regardless of anything the points are still the same bitcoin and the bank have 2 different concepts so it won't work when 2 different concepts have a midpoint if no one wants to give in between one of them.
Bitcoin and banks can go hand in hand but still the position of the bank is above bitcoin and that's for sure because bitcoin too when talking about payments it's only an option but on the other hand the problem in this case is when the government doesn't really want the existence of bitcoins and tries to suppress it so it looks as small as possible which created a lot of debate.

I heard these arguments in my country too and I always find them misleading. It's not like a huge number of scammers just came out of nowhere with the rise of crypto currencies. The scammers where here before and used fiat money to scam people. And there would nobody say we need to stop using fiat money because of the scammers. Everybody can get scammed out of his money, it doesn't matter what currency he is using. Instead of trying to stop people using certain currencies the government should work on educating their people better. Only when the citizens are aware of the risk of scammers they can be more cautious. Bitcoin has survived for so long now that critics should stop doubting the success and rather be more open to it.

It is a natural phenomenon that people actually criticize and hate what is good when they don't use or know its value, and for government providing proper education for the people on a currency which most of them are also criticizing sound kinda absurd don't you think, although they are couple of nation which like and support the use of BTC but most government actually contribute to the massive hatred on BTC since its goes against their principles.

Regarding the topic of Bitcoin adoption, it is clear that there are many factors that influence people's decisions to invest in cryptocurrencies, including education and awareness, regulatory factors, and market volatility. While negative propaganda and government warnings can contribute to hesitancy around investing in Bitcoin, there are also many positive developments in the cryptocurrency space, including increased institutional adoption and the development of more user-friendly wallets and exchanges.

The future of Bitcoin adoption will depend on a variety of factors, including continued technological innovation, regulatory developments, and the broader economic environment. However, it is clear that many people see potential benefits in investing in Bitcoin and other cryptocurrencies, and as education and awareness continue to grow, we may see greater adoption and investment in these assets in the future.

Most of information which normal people get are lies. The system doesn't want people to be rich or be informed, so its logical that they wont support Bitcoin unless they can tax it or use to their advantage. Bitcoin can make anyone who invests smart rich or at least wealthier, without the government tracking your money and taxing it, which is mostly why we all work - to grow their economic system and earn them money.

The common man is just used to work for a bigger cause from which he gets very little in return, enough to survive or have a half decent life. Put your work in and put your earned money in banks, that's what they want. I'm not saying Bitcoin investors are some geniuses off the grid, but we at least have an opportunity to do what we want thanks to Bitcoin.

Scammers were, are, and will be part of our world, much like weeds in a garden. And to fault a currency for the misdeeds of its users... damn, its just me blaming the sun for the existence of shadows, is it not? The philosopher Socrates once said, "I cannot teach anybody anything, I can only make them think". That is our key weapon against scam artists - inculcating critical thinking in our citizenry. It's been a decade-long roller-coaster ride for Bitcoin, and yet, here it stands, resilient as ever. Surely, this "Phoenix of the Financial World" deserves more respect and less criticism, right? May our future be as bright and unshaken as the path Bitcoin has paved

Here I also have no doubt about this when big fishes going to oppose things you need to understand this is better for common people's right now we have big monopoly against Bitcoin and many big names are also involved in this for having criticism about this as well because they are feeling if this technology and is going to spread things are going away from them and peoples are going to understand how cheat is going to happen around them.
Around the world mostly we have no Third World country encouraging about this even few developed countries are working on this as they are not able to stop this all but big part of world we have power authorities which are controlling all and not allowing for adopting of bitcoin and financial independence for the peoples as well.

Even though Bitcoin has been around for more than a decade, only a small number of people are involved in Bitcoin investment. Bitcoin faces challenges in the form of economic lies and disinformation spread by banks and the media that affect people's participation and perceptions of it. Negative propaganda, misinformation, and the stigma of being a scam can discourage people from getting involved in Bitcoin investing. Although Bitcoin has shown positive price growth in the long term, these factors may limit wider adoption and participation in this digital currency.

They are afraid for exactly this reason, because they are long-term investments, it is understandable that people are involved in indecision since not having immediate results or knowing that they will not have them together with the bad information they are given and the volatility of currency  they end up concluding that the best option is not to get involved with that type of asset.

This dispute that people who are discovering bitcoin maintain about whether it will actually bring benefits to do so or not, i think it is an issue that i doubt will end in the near future, and i.....  think that is why it has not yet been achieved have a lot of demand with this coin, however  despite these factors the minority that does not allow itself to be influenced by this type of comments are those that demonstrate how wrong they are and as accurate information about its validity expands, that if they can take advantage of it..... they will,  start to change mind.

Don't really care about people wanting to drop Bitcoin. But they are always going to reap failures to make noise in the crypto space. We have heard people say that investing in Bitcoin is too risky but those are stupid words without any good reason why they should say that. If you look at more than a decade where Bitcoin has shown their strength as a more efficient currency to be owned by people in the real world. There is no big risk if they choose to hold in the long term because the use of Bitcoin is better than fiat.

At the same time, we have seen a country that has recognized Bitcoin as the legal currency in that country, and that is El Salvador. In fact they are more advanced now and Bitcoin adoption will continue to grow day by day. Maybe we will see many developed countries that will follow in El salvador footsteps.

Well, this is not something new because indeed looking at the current conditions even from several years earlier things like this have always been discussed and those of us who have been here for a relatively slightly longer time are clearly aware that things like this are like stale stories that are always raised to make beginners or laymen about bitcoin have a bad mindset about bitcoin.
I don't really mind this, because for conditions like this IMO when a reason is always done it will actually make many people curious and there could be people who are always looking for it for thinkers who have a strong desire to find the truth.

In fact, something like this provides a positive thing because apart from the reduction of people who are naive enough to always want something instant and in the end feel cheated and provide a reasonable statement, this is like a good filtering process in my opinion.
In the end, things like this will also not make bitcoin destroyed and it has been proven that it has been several years since bitcoin was said to be a scam but until now it is still strong and even the adoption rate is greater.