Would Bitcoin's adoption increase, if it expressly begins to factor in time value of money?
1 BTC today be more valuable than 1 BTC tomorrow
Bitcoin price increases overtime due to the problem that bitcoin is solving. Bitcoin is decentralized and censorship resistance. The pseudonymity and scalability is also a key factor to the growth of bitcoin value. Bitcoin is a store of value overtime and a hedge against inflation. New investors have begin to notice all these which is the reason why more people are joining bitcoin bandwagon. Fiat has proven to lose value overtime due to the constant manipulation from the government by printing more money because it's within their power to do. Investors are currently shifting away from the traditional way of saving more in the bank to saving it in bitcoin. People search stability and something that won't betray them because they do X with their own funds. And BTC is just the thing: it becomes clearer and clearer by the day what brings you more custody to the table. |
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So I guess that question has been answered already by latest movement happened on Bitcoin. The market movement became more great after those situation occur. If we look at CMC https://coinmarketcap.com/ Bitcoin is recovering at seems like it will cross again at $120k. People seems tired on political stints happening and maybe lots of investors realize that whatever happened to powerful countries it doesn't have anything to do with Bitcoin that's why the price now keeps pumping. Even if it happens - it doesn't affect the price or the sentiment for long, and it's a good thing. The market and the fundamentals do know better where to go  |
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BTC is much faster than anything else in comparison from the traditional world.
It's a known fact and BTC is the future: however, it still is volatile, and we don't need to forget about it.
It's great to understand that the more time passes - the better BTC is seen by every party, basically.
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Living on a BTC standard is too early of a thing to do, imo..
In many places, even where the crypto is cherished, there is not that much infrastructure and people going for BTC as the main option..
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1) Yep, it becomes something of a target for many countries.
2) Well, I think I would - its a step toward adoption, not for the users per se, but overall, so it would still be good to see.
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Some sold at 1k, some - at 10k, others - at 50k. And others didn't sell even at 100k, probably. You may think what you want, but each case is different |
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They want to accept cryptocurrency into their country but under their own conditions and this is that. Depending on how the country will develop, some exchanges or other cryptocurrency businesses might still want to set up their companies in the country even with tighter rules if there are other benefits from their country. But if other countries don’t have as much strict rules and get to offer better benefits to investors and business owners then Poland might not have that much advantage.
Those who will have better regulations set up and running will be ahead of the others. Many in the EU are still picky about crypto, and they really want all the control they want. |
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or 18/320= 0.0563 btc for the owners on average
So your goal as an owner should be to own at least 0.1 coins
If others are going to see this, it's a good goal for them trying to reach before the price of Bitcoin reaches to the top. Having 0.0563 BTC or 0.1 BTC, it's already a lot today. But, if they're going to think of how long term investing is in bitcoin. They'd understand how encouraging the scarcity of it. So, to those who own 0.1 BTC and above, you're now bitcoin rich. While others might not agree to that, but believe it you are. It's not something that happens over a day.. Not many people are able to put so many funds or trust in BTC from the get-go, and they should learn before they go forward.. Eventually, people with the right knowledge and discipline will reach their goals, be it 0,1 BTC or more. |
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Provably the common situation people see is those investment made by those rich countries since this is always been highlighted in news. But for sure that lots of people in their country use the same as what you have mention since crypto is flexible.
Maybe what you have seen is that but people could actually select on what they want to happen.
Don't get surprised about investment narrative flowing in Wall Street since they are known for that matters.
It would be easy for them to push their narratives, but just in a blockchain wrapping. They know their bizz in that regard. |
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They may never stop coming after us, because they don't want us to have the freedom in finance and if possible with the while general economy, so that they can control how we manage ourselves, while they earn from us and the economy keep getting ruined by the incidence of inflation, leaving them unaffected, the best way out of these is through the use of non custodial wallets, taking p2p as serious as ever before through a decentralized exchange.
Agreed. If we are not our own bank - we are in the hands of those that don't think about us first and foremost, unfortunately. |
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~
That's as much as I could find. If someone can find a better investigative source please share it.
I also searched a bit and didn't find any more technical details. But from what I understood from the article, it all relies primarily on social engineering. Through social engineering, attackers trick victims into installing malicious packages. They then install them manually and grant them all the necessary permissions to run on their systems as if they were legitimate software. So, the issue is primarily about deceiving users. As long as the virus has been granted the necessary permissions by the user, it should be easy for it to operate secretly in the background. In that case it is a very unsophisticated case of malware that is not that interesting. Social engineering is the lowest level of any hacking. It catches the most people because of the fact that most people are very uneducated about technology. Yet so many still fall prey to it.. Crazy to think about it. Staying vigilant about such ads / emails is the best way to avoid such a fate. |
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BITCOIN IS MORE THAN AN INVESTMENT IT IS A BELIEF
When Bitcoin was sold at $5.27 in 2012 many people did not believe in it. At the end of the year Bitcoin was sold at $13 from there it skyrocketed to $1000 in 2013 hitting a milestone. When it reached $60,000 in 2021 some said it is too late to invest in bitcoin.
The truth is that Bitcoin isn't all about price but vision, courage and patience.
I'm happy now that people no longer doubt the possibilities of bitcoin, we have now come to the realization that what separates bitcoin from whatever price we have in mind is just time. People who have this mindset are not even bothered by what the price is now, they know that when they own bitcoin and are willing to give it time, bitcoin will not disappoint them. This is where I agree with you that bitcoin is more than an investment but a belief. There are people that don't really believe in bitcoin they still have this fear that the coin will turn to dust one just some crypto currency they might have come across. So know matter the market performance there are people who will always doubt the potentials of bitcoin. Although there are some who are still buying but they are afraid to hold, there motive is just to make quick profit by gambling with bitcoin. Such set of people fail to understand what bitcoin is and the potentials of bitcoin. FUDsters are going to FUD no matter what. BTC or not, those people would love to see anything good / bad in reality to crumble, even if it's not the case. Our job is to skip such sentiment if we ourselves believe in something based on facts / analysis presented. |
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I also stick to a strategy that takes advantage of bitcoin’s high volatility, when the price is high, it’s better to sell and then later buy back a larger amount, especially if you start with small sums of money. The only thing that feels stable for me, for example, is the idea that bitcoin should be accumulated, since I consider it one of the most reliable and profitable sources of investment.
Or buy the same amount all the time and have the stablest / biggest profit overall. Everybody chooses the strategy for themselves, and it's what is beautiful about BTC accumulation. |
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You wouldn't use BTC for daily transactions, imo, for services and such - sure, but you won't end up seeing fiat gone from the overall picture.
Adoption of BTC is good and it's going through, however, not on the extent we think about usually (not reserves, but the usage of BTC itself by the people).
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Because BTC becomes bigger and bigger in its cap - to move it becomes a feat in of itself.
Don't worry much about it and see BTC adoption push the volatility even lower.
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^ Don't you think volatility will become less and less of a factor as we go further with the adoption?
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It may, or it may not go that way - we need to accumulate BTC regardless, and we will be good in the long run.
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I don't know where you read that information but China used to be at the top but as far as I know mining is banned in China which forced the miners to move to other parts of the world. And currently US is still at the top in terms of hashrate.
Anyway, there are times when a particular mining pool had more than 51% of the total hash rate yet they didn't try to create malicious blocks because it wastes resources rather than gaining any financial benefits.
Is it truly centralized? The Bitcoin network is the most decentralized network (that's my answer).
Yep, it's the closest thing for it for sure: and China, even banning such an activity, can go with it using different methods (with its risks, of course): something like off-grid electricity, for example. |
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Bitcoin is not measured by the level of how we have been participating in it, but what we ha e to show as an achievement from it, also, we should not join others as in what they do, because not everything we see by other people are truly the actual state of things with them in using bitcoin, that is why we also have to create our own experience by giving a try to know what Bitcoin is all about and started with learning.
We should learn from those we think are worthy and from the mistakes we see in the space too: not to just repeat it all, but to learn and adapt, that's the ideal way out of it. |
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There are many differences, but to me the biggest difference is that unlike all the others,
Bitcoin is NOT a platform for launching millions of other shitcoins.
The reason for this difference is Satoshi created Bitcoin as a peer-to-peer currency, he did not intend to create a speculative asset or a crypto industry as it is today. Meanwhile, ETH and many other cryptocurrencies were created for investment purposes and to create a financial ecosystem around it. So this is the big difference between bitcoin and altcoins, but it's no surprise that their purposes are completely different from the start. But now bitcoin is also being used as an investment asset and developers are trying to expand it. That means we will soon see more projects created on and around the Bitcoin blockchain. It wouldn't be viable to create such projects on the chain, imo... Making it on SOL / ETH profit-wise would be just better and easier (not to glorify such projects, just in case). |
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