I am trying to introduce bitcoin and altcoins to my brothers but the process is slow. Learning something new and if it is the use of new technologies is complex for some. Although I do not spend many hours teaching them, I remain optimistic that I will achieve my goal with them.

The idea was born because I live in a country with inflation and their salary is not enough to cover their needs and it is time for them to turn to bitcoin and altcoins. I'm starting with altcoins because they don't have a lot of money to invest.

OMG! Maybe we are all going through the same thing but what can we do? If we convert bitcoin or any crypto to Fiat it is the same. Because we spend what we need at that moment is what we also experience when we live in a country with inflation. It is the same effect but in reverse we take the opportunity to buy any asset and after several months we notice that we buy an asset cheaper than at present.

I don't understand why people think that bitcoin and cryptocurrencies cannot influence the economy of a country (people, public and private institutions, etc.).
It is like rejecting a huge wave that is forming and that in a matter of time we will see in the form of mass adoption or not.

It is an advanced technology that also has to be friendly for everyone so that they can access it.
The main role that Bitcoin has played is breaking down the barriers and providing the opportunity for people to get the money anywhere in the world.
It is freedom in its fullness and it is something we have won since its invention.

Although we will not see this scenario again. Bitcoin is in the hands of investors who have decided to invest for a long time is the reason why we have this bull run heading to exceed 100K.
The role of bitcoin has a better destination, which indicates that it will be useful to strengthen the economy of the countries that adopt it.
The first step has already been done, those who own bitcoin and cryptocurrencies will get their benefits because they are also participating.

Bitcoin needs user-friendly dapps, fast transaction and low fees. I think it will come very soon, after investors are setting their sights on bitcoin. Which summarizes that there is interest in creating capital with bitcoin and there will be more users bitcoiners.
Despite everything, we are fortunate to know bitcoin with its weaknesses and virtues, not everything is bad, the improvements that bitcoin users need will have to come for massive adoption.

I was also impressed by the message of this image on Instagram. I have found the link of its origin. I have not seen it mention any source. But the argument is consistent with reality, it is true that foreign workers are affected by sending money to their relatives if they do it with fiat: The transfer time and the cost are not compared if they do it with some crypto and in addition to taking advantages when they gain in price.

https://www.instagram.com/p/CM5V5dBl-tJ/?igshid=11cuq7976wcv3

Bitcoin looks impressive with this comparison of the banking system in the USA.
Sure enough, there is still good opportunity for investors interested in bitcoin. The projections of the price of bitcoin that come from JP Morgan ($ 130,000) would be on par with the investments of the private sector, in that position bitcoin could be a rival for the gold investment sector.
Public opinion is already talking that bitcoin is eating the gold.

I agree with Pompliano. The US must adopt bitcoin because the US dollar may lose its lead. As is normal it is a concern for any crypto enthusiast in the United States.

China has long experience with Bitcoin and has been in the mining business for years. If China takes control by adopting it, China will have everything going for her, the miners, and the bitcoins.

The dollar would suffer the setback that is concern for Pompliano as he has said:

She may think that you are in love with her. I just thought about it after reading your post. Maybe her husband thinks so too.

Forgiveness! Ignoring my previous comment if you make the gift in bitcoin it is because you own more bitcoin and you feel a deep gratitude for that woman you mention. Goodwill actions do not have a price, only God is in charge of giving us the riches and places us at the right time to share them.

It is a pity! Your friend lost patience. There is a certain percentage of bitcoiners who also lose it with bitcoin and decide to experiment with altcoins. Investors in bitcoin think of a long-term investment, it is not the only coins in their portfolios. An example of them is Grayscale services, let's take a look at this tweet.


What happened to your friend is a bad experience that reminds us that we must set a goal and not hesitate to avoid having to regret bad decisions.

Guys, I'm winning with Avalanche. It is a good network with an innovative blockchain. I have seen this project from the beginning. You can win AVAX with Staking, validate a node.
Now that NFTs are booming, Avalanche has its studio to create NFTs from the Avalanche wallet.
Explore and learn.

https://support.avalabs.org/en/articles/4840311-how-do-i-create-an-nft-within-the-avalanche-wallet

Take a look at its ecosystem in just 6 months.
The price of the token has risen as the ecosystem has been growing.

https://twitter.com/Coin98Analytics/status/1374957772899381252?s=19

It's right! BNB has quickly risen to third place in the crypto market because it is a currency that has gained traction due to all the usefulness it has as a Binance token and the community supports it in addition to having a great businessman like CZ.
I was also surprised by how quickly the coin achieved it.
BNB is a coin that should be in any portfolio due to its strength and because of how much it will offer to the community.

CZ cannot control all of the crypto space. He is just being a leader in his product, anyone who is a leader in some field would also do the same.
Look a little at any leader and you will notice the similarity. We also have to take into account that Binance is a latest technology product in finance in the crypto space.
CZ is passionate about his work, and he has declared that he loves his work intensely, so he is fighting for Binance to always be a leader with the best products.

I am also optimistic about all the good news that is coming as bitcoin is headed for mass adoption.
First we were the community to accept bitcoin in our daily life, now it is up to the institutions.

Glad to say: We did it!
Visa and Paypal are in their race to offer us the best services in bitcoin and cryptocurrency payments that we have already experienced in other apps.
I would say that it is a race to stay ahead of the market and not be replaced by another brand.

Binance smart chain could be the next ethereum if developers created their dapps there. But tokens are still being created in ethereum, we have yet to find out what the future of ethereum will be. If it solves the problems of transaction costs, scalability and other inconveniences.

There is no doubt that Binance is like the icing on the cake I particularly like their services. The good news is that it works according to our needs, as its CEO CZ has shown.

https://www.google.com/amp/s/academy.binance.com/en/articles/an-introduction-to-binance-smart-chain-bsc.amp

I think that now it is unlikely that more governments will ban bitcoin.
Digital gold as some say has gained a lot of ground, trust and credibility.
There are no borders for bitcoin, anyone can invest. Some pause to think about the use cases for bitcoin.
There is a large family of cryptocurrencies that have been created thanks to bitcoin so there are a good number of uses.

It is an attempt at demagogy on the part of the President of Nicaragua.
It is what I think, the country has economic and social problems. Creating a Ministry implies granting economic resources to operate in some way. I found a clear statement from a qualified person in that country in the following article.

Sadly, some countries are experiencing a new wave of infections with the most aggressive and camouflaged virus that shows no signs and that directly attacks the lungs. In my country, Venezuela, the new Brazilian variant P.1 arrived.
And if we have the President of Brazil Jair Bolsonaro showing little concern from the beginning of the pandemic, the consequences are being felt, the WHO has declared an emergency in Latin America for the Brazilian variant P.1.

You are totally right. The Venezuelan tries to survive to buy food and not all the basic items for a balanced diet. It is sad but it is true, also when there are health problems it is difficult for some to buy their medicines as one might suppose.
I still do not see a solution how the country can improve its economy. Venezuela has a potential in natural wealth, fertile land and others so that it alone can overcome its crisis.

I agree! Discipline, patience to wait for the long-term investment of a profit in the case of bitcoin and I believe that it is also valid for the entire crypto market.
We are fortunate to come across bitcoin to know that if we can invest, the amount of money does not matter. We just need the discipline, vision and goals to achieve any purpose.
I'm sure the results will be the best if we know how to wait.