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Wexnident
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October 05, 2020, 09:27:58 AM
 #21

2, Cyrpto it self are not widely acceptable in generally only some coins are well know to the world ,but what if we also get listed on trading sites like forex trading and others it would also go a long way in enhancing bitcoin and cyrpto in general too.
We can't really decide that for ourselves, yes the crypto community is big, but I doubt that could provide enough influence to spread its name outside more than it already has right now. Especially with how Bitcoin is a decentralized system, which makes it all the more difficult for others to actually accept it into a circle, after all, everything is business in these parts.
3.    60% of us we use this medium to fend ourselves ,but what if this was to be a subject or course in the education system ,we know that the educational system doesn't teach us how to earn but what if we actually have a subject that those that ,and I think this point will go a long way because it will reduce the idea of bitcion is another scam program.
Even the usual financingg system that we use isn't part of the curriculum that is taught to students, what more Crypto (afaik anyway). Besides, "Bitcoin is a scam" are words only the ignorant would believe, I don't think it's enough of a reason for educational sectors to even teach it, what more especially with the amount of people knoweldgeable about it being on the lower count.
 4 . The bitcoin community should also look into some certain project that are being run in the name of "Earn Bitcoin",most are scam and I think the should be a board that looks into that and dislove such sites ,cause imagine investing your hard earn money on different sites at the earn you discover they are scam ,you would generalize bitcoin as scam too .
Again, Bitcoin is a decentralized system, so it isn't really that odd for scams to appear. People are fighting against it by identifying those projects and spreading info about it, but that's it. There's nothing more we can do at this point, especially since anyone could use the name of Bitcoin for their scam.

R


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October 05, 2020, 09:39:26 PM
 #22

I do believe we need:
knowledge
positive news about cryptocurrencies from media and not always the negative one's
acceptance
positive regulations from the government

To actually reach a point where people support the cryptocurrencies and start using it.


Yes we do really need such things. (1)Knowledge must be the first thing that the people must know specially talking about the non-Bitcoin users so that they could gradually have a glimpse of idea how Bitcoin really works and not on the misconception they have in their minds. (2) Positive news or good publicity coming from the mass media is also an essential to be must have for the fact that many people relies on the information coming from the media for they are treated as reliable sources to be trusted with. (3) Positive regulations coming from the government will certainly comes with (4) Acceptance because once the government agrees with it, then people will suddenly get into it since many are relying on the government's decision with regards to many matters. Growth of Bitcoin will come as long as those stated above will be provided without the need of pushing it too hard on doing partnership with certain companies for we are all been driven right in here without the presence coming from the influence of certain companies because this is our own will of choice we do.

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October 05, 2020, 10:54:59 PM
 #23

Bitcoin as we know is one of the most powerful names in the world market today,but in my short period in the community I came with my own ideas on enhancing the growth of bitcion
Well yeah, this is the most powerful, trusted, abd valuable coin in the crypto world. This is my opinion.

Most people would see an open opportunity to gain in Cyrpto and walk pass by without second thoughts ,why?
This thing probably can be one of the reasons why many people come to the crypto world and invest it in. However, unfortunately, not all people come here because they have learned and done good research. they came because of hype, because of the expectation that they can be rich because of crypto, especially BTC without understanding about risks. Yeah, the problem is here, many people are only interested in and concern about the profits and what they can gain, but they do not concern about the risks, without considering the risks. So, when they are lost, they will immediately blame crypto.

Cyrpto it self are not widely acceptable in generally only some coins are well know to the world ,but what if we also get listed on trading sites like forex trading and others it would also go a long way in enhancing bitcoin and cyrpto in general too.
Basically, crypto is already growing well, and let it stay in the crypto market, not in any other market. It's just that it would be better if the use of crypto could be expanded as a means of payment at various merchants and companies. And nowadays the development of exchanges in the world is getting better, although in some countries it is still very limited.

-snip-
This is interesting, but it will be difficult in some countries. The material related to crypto will depend on the readiness of each country.
Like in my country, this is also difficult to apply in the world of education, especially primary to secondary education. Maybe just for introduction only and not specifically.
For higher education, this can be one of the courses in a particular study program.

R


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October 05, 2020, 11:55:23 PM
 #24

Only a fool person rejected Bitcoin's potentiality but the rest are coming into it. Having 10 years of existence in the market, the market value keeps rising every year, this simply means that Bitcoin will gain more popularity and high demand in the future.

What we have witnessed today is the result of our trust and faith. Bitcoin keeps soaring high as many people know it already, huge adoption has to come, some establishments are accepting it already, and I'd notice that was very applicable as the pandemic hits us might be a coincidence but I consider this a perfect timing for Bitcoin...



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October 06, 2020, 04:39:08 AM
 #25

It seems to me that bitcoin and cryptocurrencies will dominate in future money transactions. Many country has adopted this new digital money era. But has lack of proper guideline & education on cryptocurrency. Recently, Many renowned universities are offering bitcoin courses such as the University Of California is being offering bitcoin and cryptocurrencies courses absolutely free.
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October 06, 2020, 07:12:01 AM
 #26

What prevents bitcoin from growing? Bitcoin is backed by nothing, or put it differently, it is not backed by government's promises and guarantees. Some believe promises make money trustworthy. But reality is that we can't trust other people when it comes to money issuance and supply management. We know as a fact that almost all people are greedy creatures, if they are given an opportunity to create as much money as they desire, they will create money to enrich themselves and their friends. That is why government money cannot be fully trusted, since it is used to make rich people richer at the expense of poor ones. Bitcoin doesn't rely on people when it comes to control of total supply. It is fixed, it is set in stone. Bitcoin can be trusted because unlike people, computer code is not greedy, it is neutral and cannot be bribed and manipulated. When people realize that the code can manage monetary system better than humans, they will invest in it and make it grow.

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