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Firstly, let's check the meaning of sceptical Sceptical means: a person that is not easily convince
We all know that "seeing is believing". No man would want to invest his income on what he is not sure of. So, while trying to convince someone to buy bitcoin, you must do the following
1)Show the evidence of your own benefit(profit) from bitcoin (i.e - every man would want to invest on something attached with profit)
2)Explain the process in details
3)Assure the person that bitcoin is safe (because no man would want to lose his money)
4)Promise to share regular info regarding every activities of bitcoin
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Legalizing bitcoin as an acceptable means of transaction is not a bad idea, but making it the only legalized asset in a country/world at large can destabilize the economy for a long period of time, because when the price falls, the world at large will feel the impact.
The best option is to allow the bitcoin market compete with the world currencies (e.g dollars, Euro, etc).
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Definitely, The Main purpose and dream of every business is "growing big". Bitcoin reaching over $28k shows that they've come a long way, And as the biggest crypto market, they will love to increase in terms of price and market cap. There are times market price falls and rise, it is all part of marketing.
So, investing in bitcoin will be of benefit to investors, as long as bitcoin sticks to the main purpose of every business stated above.
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meanwhile, the president of El salvador is raising over $1 billion to finance his Bitcoin city project. what a smart move for a developing country.
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