if for now maybe we have to be patient, in my opinion for now there is no valuable information from bitcoin, about biden and elon musk I don't believe in their posts, I'm more interested in seeing the development of the el salvador country, in managing currency in digital, instead of reading Elon Musk's post, who doesn't have a stand..
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Inflation is one of the reasons why Nigerian hotels accept bitcoin payments, Nigeria being a stronghold of crypto adoption in Africa. Since 2015, Nigeria has traded over 60,200 BTC on Paxful, a peer-to-peer crypto trading platform, second only to the United States. The legal status of cryptocurrencies is being debated in Nigeria after the central bank banned financial services companies from serving digital currency exchanges.
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actually I personally don't miss bitcoin, but I personally the first time bitcoin appears, I don't understand about bitcoin, and how bitcoin works, but after I read on the internet and I asked friends, and in the end there was a friend who wanted to guide me to get to know bitcoin, that's when I became interested in bitcoin, but I won't regret it even though I didn't adopt bitcoin from the beginning of bitcoin's emergence, because I believe it's never too late to enter the crypto world..
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if bitcoin goes up poor people won't participate, maybe your review has some truth in it, because poor people like me are very difficult to buy bitcoin, don't buy one bitcoin, even buy half bitcoin I won't be able to, but I will try to rise and I will do everything I can to be able to buy a little bitcoin, for me to make an asset in the future, I really hope for support from friends on this forum to continue to give me direction..
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I totally agree with your review, bitcoin solves the problem of intermediaries, excellent method of issuing bitcoins, not involving anyone in transactions or investing, bitcoin really gives us freedom in all areas, but we must always be aware of every transaction we make. do. because if we are deceived and wrong in the transaction, we cannot claim back what we have sold, because our mistakes are not borne by anyone, bitcoin actually teaches us to live independently..
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Bitcoin has been setting astounding records over the past few months. This is a great start to 2021 for Bitcoin, in my prediction what 2021 (and the years after) will bring for this cryptocurrency. So far, it will continue to soar until the end of 2021. Explicitly, 58% of the 47 specialists stated that Bitcoin's ongoing rise will continue until the end of 2021.
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worst case scenario for crypto,?? if all the world's banks don't want to accept bitcoin exchange, and all countries reject bitcoin, and the price of bitcoin drops to the most beautiful level, maybe that's the worst case scenario for bitcoin, but in my estimation, all of that will never happen, because we'll see now Bitcoin is very popular, even the government has legalized bitcoin.
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how does bitcoin work,??how bitcoin works via (blockchain) is a public transaction record on which the Bitcoin network rests. All confirmed transactions are stored in the blockchain. Thus, Bitcoin wallets can calculate the remaining spendable money and new transactions can be verified to ensure that they are indeed owned by the user. The integrity and chronological order of the block-chain is implemented using cryptography.
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the worst case scenario for cryptocurrencies is, the price returns to zero, that is the worst case scenario for bitcoin, but I don't think it will happen again, because bitcoin has gone through a dark period in 2018, many countries are against bitcoin, not even the world bank want to accept bitcoin exchange, but bitcoin managed to get out of the slump at that time, and now bitcoin is back in popularity and many companies have adopted bitcoin, and there is already a government that legalizes bitcoin..
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bitcoin solves the problem of intermediaries,I totally agree with your review,because we really have felt the freedom since the emergence of bitcoin,Bitcoin is a consensus network that allows new payment systems and money that is completely digital. Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without any central authority or intermediary. From the user's point of view, Bitcoin is like cash in the internet world. Bitcoin can also be viewed as the most prominent triple bookkeeping system in existence today.
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The presence of bitcoin has given me complete financial freedom, both to manage it or to make transactions and payments, because bitcoin is an open source and highly decentralized basis, all transactions and payments can be made without depending on third parties and the whole system is protected by cryptographic algorithms, thus making us safer.
true as you said my friend, bitcoin has given us freedom, the presence of bitcoin gives us a new nuance in our lives, in the past we did something there had to be a third party to manage our business, but with the presence of bitcoin now we are free to do whatever we want want, without a third person..
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what is the hatred of people towards bitcoin,,??the answer is simple because they are afraid of being rivaled, can't master bitcoin, sometimes suffer losses because they are not too smart in investing bitcoin.
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bitcoin surpasses gold,? if it is said that bitcoin exceeds gold, it makes a lot of sense, because bitcoin is an asset of the future, because the price of bitcoin can be said to be very tempting, even though there is a risk of a drastic decline, but if the price increases, it can increase three times, the trend of rising world gold prices still continues while the price of bitcoin is still lying and struggling to rise. The decline in the price of crypto assets is one of the triggers for the increase in the price of precious metals to near the highest level in the last 5 months.
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is btc's volatility more of an advantage than a disadvantage,?? you can say yes, because if we are patient in investing bitcoin, we will most likely get profits, many people experience losses because they are never patient, when prices fall, in a few months and there are negative posts about bitcoin, they are afraid , and they immediately resell their bitcoins, in the end they also experience big losses..
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why the creation of bitcoin is a valuable internet,,,?? the answer is simple, because the presence of bitcoin has a very positive impact on the internet, because many people who hold bitcoins must use the internet, to make transactions, bitcoin most likely will not work without the internet, and bitcoin can not do anything without the help of the internet.
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saudi aramco, the 3rd largest company in the world, is planning to mine bitcoin, I'm not so sure if they really want to mine bitcoin, because I read in some articles, they denied all the news that said they planned to mine bitcoin, but I think this news It's just a rumor, I don't know who published this news, I don't even know..
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do you still have thoughts of choosing gold over bitcoin,, in my opinion, i will choose both, because i know both have advantages and disadvantages of each, i still buy gold for my savings, because the risk of gold is low, and its profits even low, but I will buy bitcoin for my asset, even though the bitcoin price is falling now, but I will always be patient, to wait for the right time, to sell my bitcoin, to be able to profit in the future..
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Actually there is no reason for the state not to recognize the existence of bitcoin, if a country does not recognize the existence of bitcoin, they are the same as not wanting to acknowledge the existence of the internet, because the internet and bitcoin cannot be separated at all, bitcoin will never be able to develop without it. the help of the internet, I don't think the internet will develop if there is no bitcoin, which helps him..
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