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Author Topic: About the popularity of Bitcoin  (Read 800 times)
syedakhlaque
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December 16, 2021, 02:34:06 AM
 #101

Bitcoin is getting popular very fast. There is no example in history that some online business or trade has earned so much fame trust of the people. The number of bitcoin users is continuously increasing. There are no limits of border and country. It is free from all these formalities & obstacles. It is popular among all classes of life may student, young, old, female even teenager is also joining this business. The reason for its popularity is that it is a secure business that has earned the trust of the people.

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December 16, 2021, 02:51:53 AM
 #102

If cryptocurrency takes over the position of paper money as the official currency, I think there will be socialization about this to the public. No exception for those who are blind and live alone, everyone should get good socialization. The government must take part in this because the inauguration of crypto as an official currency has also been approved by the government. At least there are neighbors or volunteers who already know about crypto to teach those who are in need. Life cannot be done alone, we are social beings who need the help of others.

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December 16, 2021, 03:52:13 AM
 #103

If in the future cryptocurrencies are used in all aspects of buying and selling and payments, I am sure related technologies will also develop. So it is not impossible that blind people can access bitcoin and use it in their daily life, as well as parents and young children as they have no difficulty using real money today.

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December 17, 2021, 05:55:49 AM
 #104

Bitcoin. As the first cryptocurrency, Bitcoin (BTC) is also the most popular and highly valued, despite high volatility over the course of its history. Bitcoin was initially created to be used as a digital payment system, but experts say it is still too volatile to be used for that.

I agree with you but if you see there are many countries that have already legally accepted bitcoins. Looking towards the acceptance that bitcoin is gaining it seems they will find some means to link it with the physical world even if the linking of bitcoin with a digital payment gateway is a bit tough.
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December 17, 2021, 06:32:41 AM
 #105

Suddenly chatting with a friend today. How do blind people use mobile payment? We don’t know the daily life of blind people. Blind people pay with paper money, but will digital currencies replace paper money in the future? (However, there is no certain mark on the U.S. bills, and the blind cannot touch the face value of the legal currency)


There are also some elderly and children who do not have mobile phones. Children can take care of them and learn cryptocurrency with their families. However, many elderly people have no children and lack the ability to accept new things. With the popularity of Bitcoin, will they continue to use paper money in the future?


In fact, for blind people, no one pays too much attention to their lives. Because there are no blind friends around, they don't think so much. If some technology is developed, it is very expensive consumption.
   With the increasing popularity of Bitcoin, what do you think will happen to blind and childless elderly people?
This is the notion that in the future, Paper money (Fiat) will disappear. I don't want to believe that yet, that there will be no Fiat money in the future been as Bitcoin gains more popularity. Talking about the blind people, if you don't tell them which value is the paper money you are giving them or there are holding I don't think they would know hence the assistance they would need and I believe that same will be the state if Bitcoin was to eventually be the currency of the future.
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December 17, 2021, 06:48:37 AM
 #106

Suddenly chatting with a friend today. How do blind people use mobile payment? We don’t know the daily life of blind people. Blind people pay with paper money, but will digital currencies replace paper money in the future? (However, there is no certain mark on the U.S. bills, and the blind cannot touch the face value of the legal currency)


There are also some elderly and children who do not have mobile phones. Children can take care of them and learn cryptocurrency with their families. However, many elderly people have no children and lack the ability to accept new things. With the popularity of Bitcoin, will they continue to use paper money in the future?


In fact, for blind people, no one pays too much attention to their lives. Because there are no blind friends around, they don't think so much. If some technology is developed, it is very expensive consumption.
   With the increasing popularity of Bitcoin, what do you think will happen to blind and childless elderly people?
This is the notion that in the future, Paper money (Fiat) will disappear. I don't want to believe that yet, that there will be no Fiat money in the future been as Bitcoin gains more popularity. Talking about the blind people, if you don't tell them which value is the paper money you are giving them or there are holding I don't think they would know hence the assistance they would need and I believe that same will be the state if Bitcoin was to eventually be the currency of the future.
Fiat probably won't go away. but the development of the system of using fiat as a means of payment will continue to grow. we know how risky we are in holding paper money. and how extravagant it is to produce paper money that is constantly being reproduced.
I think it is most likely that the adoption of bitcoin as a means of transaction is an alternative means of payment. which may or may not be used. depending on the user who feels more comfortable.









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December 18, 2021, 05:45:38 AM
 #107

Trading bitcoin is Trend. If anyone trade bitcoin he will consider as richer and trader and investor. Many of coins like alt and many of others depends on bitcoin price. And it is bright name in Cryptocurrency.

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December 18, 2021, 07:28:35 AM
 #108

Suddenly chatting with a friend today. How do blind people use mobile payment? We don’t know the daily life of blind people. Blind people pay with paper money, but will digital currencies replace paper money in the future? (However, there is no certain mark on the U.S. bills, and the blind cannot touch the face value of the legal currency)


There are also some elderly and children who do not have mobile phones. Children can take care of them and learn cryptocurrency with their families. However, many elderly people have no children and lack the ability to accept new things. With the popularity of Bitcoin, will they continue to use paper money in the future?


In fact, for blind people, no one pays too much attention to their lives. Because there are no blind friends around, they don't think so much. If some technology is developed, it is very expensive consumption.
   With the increasing popularity of Bitcoin, what do you think will happen to blind and childless elderly people?
This is the notion that in the future, Paper money (Fiat) will disappear. I don't want to believe that yet, that there will be no Fiat money in the future been as Bitcoin gains more popularity. Talking about the blind people, if you don't tell them which value is the paper money you are giving them or there are holding I don't think they would know hence the assistance they would need and I believe that same will be the state if Bitcoin was to eventually be the currency of the future.
Fiat probably won't go away. but the development of the system of using fiat as a means of payment will continue to grow. we know how risky we are in holding paper money. and how extravagant it is to produce paper money that is constantly being reproduced.
I think it is most likely that the adoption of bitcoin as a means of transaction is an alternative means of payment. which may or may not be used. depending on the user who feels more comfortable.
comfortable or inconvenient to use bitcoin, I think the role of the government is the most important, if the government legalizes it of course people can choose the payment method between fiat or bitcoin. or like elsalvador, where bitcoin is legalized, then the public must of course be forced to adapt, even the government distributes some bitcoins to socialize it

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December 18, 2021, 04:51:04 PM
 #109

Bitcoin is becoming popular among the people who are interested in online money making or those who are aware of the crypto currency.
Those who don't even know the basics of computer have no idea about bitcoin. This coin needs a lot of time and effort for being popular among everyone in this world

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December 18, 2021, 07:02:52 PM
 #110

bitcoin popularity is growing very rapidly though still very little for what is to come, cryptocurrency so far seems and will eventually take over the mode of transactions from fiat and paper currency but i believe the old ways (paper currency) won't be totally wiped out because a number of persons still depends on it.
Yes technology leaves no one behind, so I'm hoping to see great projects that will break boundaries  For the blind, aged and some physically challenged persons who also yearns for a developed world of ease with tech and a sense of belonging, perhaps a project with instructive sound to letters could help  
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December 18, 2021, 11:24:18 PM
 #111

speaking of bitcoin popularity, in my country, until a few years ago it was very difficult for me to find someone who had at least heard about bitcoin, but today everywhere I go there are people from my country who are using bitcoin so much to do day trading , hodl and even mine altcoins, that's something positive. I've seen some people from my country that have the idea of building an exchange to serve my father's people, this proves that bitcoin is much more popular than a few years ago

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December 19, 2021, 09:34:38 AM
 #112

I think there is an application that helps blind people to make use of smartphones. Though I am not really sure about apple phones, I make use of an Android phone and I have seen an application like that once that was built by Google, and it is an application that helps the blind people to be able to make use of their Android phones.

When the application is activated, or launched, once they place their finger over any application on their home screen or the menu screen, the software tells them which app they have led their hands on. Although I don’t know how far this software would go in being helpful, and whether it still continues like that when a third party apps are launched, or just on the Android home screen and Google Apps.

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December 19, 2021, 04:52:42 PM
 #113

Of course, everyone also understands what about the popularity that exists in bitcoin today where the business of the crypto world is very popular among the general public and has even been used by several communities in the world against the crypto world and even today bitcoin is an investment. which has the highest popularity among other investment communities in the world, as we know that currently bitcoin is widely used by the community where they invest in the crypto world since decades ago even though currently it has only reached the peak of its highest popularity. against bitcoin

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December 20, 2021, 09:40:29 PM
 #114

Of course, everyone also understands what about the popularity that exists in bitcoin today where the business of the crypto world is very popular among the general public and has even been used by several communities in the world against the crypto world and even today bitcoin is an investment. which has the highest popularity among other investment communities in the world, as we know that currently bitcoin is widely used by the community where they invest in the crypto world since decades ago even though currently it has only reached the peak of its highest popularity. against bitcoin

he popularity of BTC lies in its price, for no one is a secret that people are in constant search of money, which is not a bad thing, and due to the benefits that BTC brings, it is what most attracts people's attention, If with only an investment of 500USD at a time you can increase it above 24% per year, it is something attractive for anyone who has their savings in a bank where their interest on earnings does not even reach 20%.

Everything starts from there, and there is no need to be radical or not, because even the enemies of BTC own BTC, because they know deep down its potential.

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December 20, 2021, 10:34:40 PM
 #115

he popularity of BTC lies in its price,
I won't say so much because, there are btc pegged tokens that not so many persons know about it or have heard of it. Like, Wrapped Bitcoin (WBTC) and Bitcoin Bep2. Well, the price sure plays a role but, I won't think that's the main driving force for its popularity. Little wonder, not so many persons know the current prices of bitcoin though, they must have heard of bitcoin. The popularity dragged the attention of government and the government made its popularity there main course by spreading FUD.

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December 20, 2021, 10:37:51 PM
 #116

The popularity dragged the attention of government and the government made its popularity there main course by spreading FUD.

No good government would do that, it's just right that the government will regulate crypto as there are a lot of scammers trying to victimize the uninformed investors, they are just protecting the people with the set of rules used in regulating the crypto market. Look at the early stage of crypto, there are plenty of scams because we easily believe in instant returns and we don't even bother making deep research before investing because we got caught with the hype and the FOMO.

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December 21, 2021, 02:27:01 PM
 #117

If they are blind or incapacitated elderly people, they will have guardians around them. This is the blind person's own problem, not the flaw of Bitcoin. I don't think Bitcoin can solve this kind of physiological problem that doctors can't do.
We are directing this to what blind can do with Bitcoin, no amount a blind person will welcome the system to pay with Bitcoin, because Bitcoin is not touchable or a currency you can feel with hand, so it will be difficult for them make use anything digital currency because it have to deal with sight
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December 21, 2021, 02:36:13 PM
 #118

the popularity of bitcoin most likely cannot be used by blind people, and ordinary people, according to my prediction even though bitcoin has been accepted in almost all countries, but some people will still use fiat currency, because for some people who do not understand digital They prefer to use fiat in their daily lives..
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December 21, 2021, 06:43:34 PM
 #119

as we know that today bitcoin is reaching the peak of the highest popularity among other investments.maybe it can't be separated from bitcoin being so transparent for miners and beginners to be in the crypto world for a long time so that it affects the electability of bitcoin in the world. global stock market where today bitcoin as an investment is so high in popularity among the public

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isaac_clarke22
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December 21, 2021, 08:07:56 PM
 #120

as we know that today bitcoin is reaching the peak of the highest popularity among other investments.maybe it can't be separated from bitcoin being so transparent for miners and beginners to be in the crypto world for a long time so that it affects the electability of bitcoin in the world. global stock market where today bitcoin as an investment is so high in popularity among the public
Peak is a bit subjective for me to be honest. Here in my area, it's not even reaching half of the population for those that knew what Bitcoin is as an alternative payment method or even as an investment. I would say that 20% of people that I interacted in here only knew about stock market which is what I am aware that majority knew.
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