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well when i introduced bitcoin to some friends of mine, some received the information with levity, with the reply that bitcoin is more of a pronzy scheme, well that hasn't detared me from spreading the good information to others who are willing to listen and act on it. Bitcoin is really a bubble and i urge all to invest in it.
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this may augur well for bitcoin, but for some other coins, panic may lead to a complete dump of the token by majority of its holders, so my take is that we should do all we can to eliminate panic, for the sake of our investment, lets enlighten panic sellers and make them realize that drop in price is synonymous with all business venture, and its a phase in the business thread, make them see the advantages of drop in price, ''an opportunity to buy and hodl more tokens.
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the governments are declaring war on cryptocurrency because of the fact that they cannot have control over digital currency, the fact is, the blockchain backed digital crypto currency will enhance transparency in the way transactions are done and these corrupt politicians will do all they can to make sure the initiative doesn't see the light of the day, but guess what? it a lost war, the government has lost this war, cryptocurrency is here to stay, irrespective of what the government want.
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i for one is a fan of entrepreneurship, thats why am here, engaging in bounties to raise funds in order to start a business i have already done feasibility studies on, so you see that the major problem militating against the successful kickoff of entrepreneurship is start up capital, no one wants to work under anyone over been a boss, so capital is a challenge to entrepreneur.
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the news sound cool and interesting, this is a big boost to the adoption of cryptocurrency globally. as indian is one of the most populated nation in the world, if the government can see crypto currency as something worth adopting then bitcoin will surely conquer the universe.
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besides crypto, i would invest in farming, i really dont know about other places, but where am from, there are lots of untapped potentials in agriculture, people tends to look away from this sector in search of the white collars job. Investment in farming is a profitable and sustainable investment.
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i think the main objective of satoshi bitcoin founder is not bitcoin supremacy over other coin, but to make people realise that it is possible to adopt digital transactions without dealing with cash, now for your question about bitcoin survival, it doesn't really matter if bitcoin got banned, or not but what's important is that digital transactions are here to stay with or without bitcoin.
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invest such saving in a crypto currency project and see your return on investment flowing in like you never expected. Since its your spare money that you may not have immediate use for, then the best thing is to invest in crypto currency and bitcoin.
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