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Author Topic: The Bitcoin adoption isn't stopping  (Read 315 times)
sherryDEFI
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March 30, 2021, 03:22:57 AM
 #21

As more and more companies or businesses start or prepare to use cryptocurrencies for transactions, the addition of this payment option may herald more widespread use of bitcoin, but it at least gives the current cryptocurrency market a shot in the arm.

Aliceooo78
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March 30, 2021, 03:29:39 AM
 #22

no one can buck the bitcoin trend and it will finally be accepted by lots of constitutions and countries. Satoshi's idea is genius and brought tremendous progress to the world and increasing people are coming to the realization. it's unstoppable. for us ordinary people, we should put part of our savings in bitcoin investment. just part of it and it depends on your total wealth.  Grin
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March 30, 2021, 03:43:51 AM
 #23

It all started when the post halving happened which results for having the new ATH and follower by the PayPal that also accepts bitcoin and that is good because PayPal is being used all over the world. A lot of companies also start accepting bitcoin or keep on buying bitcoin for some of their investments. We can see mass adoption for bitcoin in the future and that could be for sure.

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March 30, 2021, 03:57:15 AM
 #24


Mastercard has to hurry to develop theirs because Visa is already ahead of them. Visa had announced already they have successfully made their first transaction using USD Coin in ETH blockchain and probably be launched soon. Adoption has indeed come taking place while we are here alive still. I never thought its going to take just a decade for it to be adopted in big institutions. It looks very rapid.


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March 30, 2021, 04:05:36 AM
 #25

Anyone seen the article by MasterCard? Nothing give me more inspiration like the intro - "Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world."

MasterCard also talked about how people should have control over their money because it's theirs -  "We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."

I feel pleased to see how unstoppable Bitcoin becomes on a daily basis. As I once said, the chances of Bitcoin going down reduces every single day. More investors, More adoption, More users.... And so on.
This year will be great for Bitcoin! We think last year was the best? Didn't you read the new about Tesla?!
Looking forward to more big companies adopting Bitcoin.

Read: https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/
Yup, Lately, with Tesla's adoption of bitcoin turned into a huge bang that completely changes the contradictions and obstacles in the history of bitcoin. At the same time, it was responded by a large number of communities. That is the best we have thought of over the years. VISA is filling the gap of USD when accepting USDC.
Even Jack Dorsey, Kjell Inge Rokke are also calling and supporting bitcoin. Mastercard, Bank of New York Mellon Corp is accelerating regulations for early bitcoin adoption. Everything seems to push bitcoin to move to 100k $ Smiley)
AniviaBtc
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March 30, 2021, 04:30:30 AM
 #26

Have you heard the first Visa transactions that has been completed? I think it pushes the price of bitcoin in a short period of time.

Bitcoin adoption is unstoppable we all know that, especially that people are getting more practical day by day and bitcoin is a feasible tool to fight inflation.

We need to adopt every single day so that we can be updated on what's happening in our environment, economy, and etc. Being passive will really not make us successful, especially that if we only rely on something that we are seeing. Exploring bitcoin and studying it on how to invest with it is really beneficial to our own financial income and stability.

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March 30, 2021, 04:53:53 AM
 #27

MasterCard also talked about how people should have control over their money because it's theirs -  "We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."
I agree with that statement because that is our money and we need to control by ourselves and have our own choice of how to use that money. So if MasterCard can successfully integrate with the blockchain, that will bring more investors who will come to use crypto for the option of the payment system and the investment part.

It proves to us that bitcoin adoption is still working on the right progress and it is not stopped and I am sure this year will be the time for bitcoin to reach more people out there to invest in bitcoin.

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maxreish
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March 30, 2021, 04:56:30 AM
 #28

Cryptocurrency adoption still continue to rise in different fields like tourism, real estate, online financial institutions, companies. As we can see, cashless society begun to adopt in certain countries making bitcoin and other crypto payments be known for it's great use and conveniency.

Of course, adoption means putting more regulations on it. As time goes by that people wanted to be part of this great technology, regulations are widely been taken place.
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March 30, 2021, 06:05:17 AM
 #29

Credit card companies should face the reality that traditional payment methods are slowly being replaced by Crypto currencies. They can decide to go the Kodak route and simply ignore it and then eventually be disrupted or they can embrace it and adapt to the changing financial environment and thrive with it.

First they ignore you.... then they laugh at you.... then they fight you.... then they start buying Bitcoin!  Cool

Adapt or die... the ball is now in their hands. They have exploited customers for years with high interest rates and fees ...now customers have an alternative payment option....and the customers are taking the power away from them.  Grin

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March 30, 2021, 06:22:33 AM
 #30

Bitcoin keeps on improving time by time, and this is such a good thing for every bitcoiners in the world, maybe we could see more than this in the upcoming months, so let us not waste the opportunity to buy and hold it until a lot of companies may also find bitcoin as a great asset in the world. I always find happiness whenever there is news like this because it also shows that bitcoin could go up anytime.

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March 30, 2021, 06:31:37 AM
 #31

Right, when Paypal join crypto, just a matter of time before Visa or Mastercard rushing and preparing their infrastructure for a massive upgrade to cover bitcoin and other crypto as another payment method.

Although bitcoin is really growing, doesn't mean that it will not go down. It is still one of the best investments but at the risk is still there. But this is welcoming news indeed, but the biggest news is still Elon Musk and Tesla investing into bitcoin.
Quite rapid adoption to be honest.
Didn't expect that another digital payment system would implement another that would be able to do p2p transaction.
Isn't it kinda being against their own that Bitcoin exist?
Bitcoin is decentralized while theirs aren't.
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March 30, 2021, 06:51:44 AM
 #32


Mastercard has to hurry to develop theirs because Visa is already ahead of them. Visa had announced already they have successfully made their first transaction using USD Coin in ETH blockchain and probably be launched soon. Adoption has indeed come taking place while we are here alive still. I never thought its going to take just a decade for it to be adopted in big institutions. It looks very rapid.

They are both developing crypto solutions side by side, I think if you see the news BOTH Visa and Mastercard have almost very similar projects for incubators going on and both taking on new blockchain projects. They both also now supply credit cards directly to crypto companies, in the last years, so yes,,, very impressive figures from both sides. They cannot afford to be left behind you see:)

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March 30, 2021, 08:10:54 AM
 #33

I think if you see the news BOTH Visa and Mastercard have almost very similar projects for incubators going on and both taking on new blockchain projects. They both also now supply credit cards directly to crypto companies, in the last years, so yes,,, very impressive figures from both sides. They cannot afford to be left behind you see:)
Crypto is the future, it's always evolving with the times. For those with an open view this is a real revolution. PayPal and Mastercard have thought smart by recognizing Bitcoin. Although of the many prohibits it, I think it is just a matter of time to legalize it, even though it is only an asset, not a currency. The problem regarding the profit and loss of crypto is actually all currencies either paper currency or metal have flaws so I think all will adjust.

R


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March 30, 2021, 01:11:46 PM
 #34

Anyone seen the article by MasterCard? Nothing give me more inspiration like the intro - "Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world."

MasterCard also talked about how people should have control over their money because it's theirs -  "We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."

I feel pleased to see how unstoppable Bitcoin becomes on a daily basis. As I once said, the chances of Bitcoin going down reduces every single day. More investors, More adoption, More users.... And so on.
This year will be great for Bitcoin! We think last year was the best? Didn't you read the new about Tesla?!
Looking forward to more big companies adopting Bitcoin.

Read: https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/

Bitcoin adoption is not stopping and it will continue like this too. As long as there are more companies and even governments which do things for the benefit of the adoption, there is no way for it to stop. For example, VISA wasn't even seeing Bitcoin as a payment method before but they are now working for integrating their system with Bitcoin.

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March 30, 2021, 05:22:17 PM
 #35

When big financial intitutions already joined the party, now it’s the time for government to learn more about this situation, how they can takes taxes for this party  Grin
Big institutions is the key for bitcoin to accepted without any strictness. Yeah you know, big institutions are goverment’s friends. They both takes and gives money.
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March 30, 2021, 05:45:58 PM
 #36

Anyone seen the article by MasterCard? Nothing give me more inspiration like the intro - "Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world."

MasterCard also talked about how people should have control over their money because it's theirs -  "We are here to enable customers, merchants and businesses to move digital value — traditional or crypto — however they want. It should be your choice, it’s your money."

I feel pleased to see how unstoppable Bitcoin becomes on a daily basis. As I once said, the chances of Bitcoin going down reduces every single day. More investors, More adoption, More users.... And so on.
This year will be great for Bitcoin! We think last year was the best? Didn't you read the new about Tesla?!
Looking forward to more big companies adopting Bitcoin.

Read: https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/

It is great that lots of big companies started accepting Bitcoin or at least started noticing it. Personally I do not adore Musk, his steps sometimes looks strange. But it was a good decision to allow people to buy vehicles of his company via Bitcoins. At least for  crypto world and large businesses it gave a positive signal.
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March 30, 2021, 10:50:09 PM
 #37

It is a continuous process and progress with the crypto community now that many people that includes new investors and big institutions are tagging along to the mass adoption of Bitcoin this will surely not get into stop since many have already realized the importance and benefits that it can provide to many. We are still just starting and many things will surely come in the near future and it is just great that we are seeing and participating into this progress. Looking forward for great things to come not just with Bitcoin but as well as into the whole cryptocurrency community as well.

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March 30, 2021, 11:05:28 PM
 #38

First they ignore you.... then they laugh at you.... then they fight you.... then they start buying Bitcoin!  Cool
Lol, I can relate to this when I start talking to my friend regarding Bitcoin investment back then about two years ago, they'd laugh at me.
But now when the price pumped too much, they ask and asking a tip how can they earn through using Bitcoin but sorry I already ignored them.

I tend to agree the OP Bitcoin adoption won't stop, there are big private companies and big institutions or even single investors who want to ride this great opportunity of making a profit in the long term of holding.

I don't know if it's a coincidence when a pandemic hits the whole world and everyone needs to use a digital currency to avoid physical contact and Bitcoin is one potential that can be used and until now there are many people who keep using it.  Otherwise, some of them thinking that storing value is more appropriate when looking at the profit of Bitcoin.
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March 30, 2021, 11:11:08 PM
 #39

Bitcoin adoption is not stopping and it will continue like this too. As long as there are more companies and even governments which do things for the benefit of the adoption, there is no way for it to stop. For example, VISA wasn't even seeing Bitcoin as a payment method before but they are now working for integrating their system with Bitcoin.
And on the early days, there were speculations and thoughts of those "what if" a known payment processor starts to adopt bitcoin and adds it to their platform. Now, they've all come into reality and all of those early investors that had thought about it have seen it happening.

But there will always be those people that despite the adoption that happens, they're going to bring FUD to everyone.

Just like this: Ray Dalio Warns Governments May Try to Ban BTC

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March 30, 2021, 11:37:08 PM
 #40

So far most bitcoin cards I have seen belonged to Visa flag. It seems MasterCard doesn't want to stay behind and started implementing crypto adoption as well. And big companies always bring more big companies with them as they want to stay competitive among themselves. That is good for crypto universe these companies are moving here to bring more money and incentive more people to use bitcoin.

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