Bitcoin price benefits us today. Firstly it's and increase in crypto investment, which can lead to more development in business. Second, it can lead to high capital for Bitcoin, this increase can stand as and advantage of Bitcoin to be use as payment method in many industry, which can make it more easier and user-friendly. All these have a potential benefits and positive contribution on our society, Let me have your opinion on how Bitcoin increase benefits you .
People have all been waiting for bitcoin price increase because once its happening, then it only means that profits are coming in. Most especially if you have been hodling bitcoin for the last 5 or 10 years, oh men you are in for huge profits. And with the profits that you obtained, then it's possible to develop a new business that suits your skills, aside from reinvesting into bitcoin and other high potential coins.
However, when it comes to adoption for bitcoin as a payment method, I don't think its price increase have something to do with that. Well, maybe if bitcoin price is up, a lot of people will be attracted to use it as a currency but that's only possible if the government has legalized the use of bitcoin as a currency. Otherwise, you will only use bitcoin as an asset or investment since adopting it as a currency may still take a lot of years for its processing.