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Author Topic: Bitcoin will be more effective in the future  (Read 1086 times)
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August 27, 2021, 04:18:26 PM
 #81

bitcoin will be more effective in the future,,?? indeed we can't deny that bitcoin is very popular, maybe from that reason many say bitcoin is more effective in the future, although there are still many challenges that bitcoin goes through, I think bitcoin will be better in the future, unemployment is reduced, by itself congestion is reduced, because many people work from home, but I think there are also governments who reject bitcoin, because it is against their system, the government also cannot control the income of its own citizens..
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August 27, 2021, 10:30:37 PM
 #82

Right now in some of the countries Bitcoin is been banned or restricted, when I think of it I do not blame the government why Bitcoin or cryptocurrencies is been restricted because they do not know the value or importance of Bitcoin. Some government officials have never done any transactions, I mean to buy or invest to Bitcoin or to use Bitcoin as a means to acquire goods and services.
-snip-
You do not blame the government? You are saying just because they do not know "the value or importance" of crypto currencies, it is okay for them to ban it? You think it's only the government that makes up the country? Just because they are stupid, they are stopping everyone from taking the advantage of crypto currencies. You should stop supporting your government blindly. You shouldn't justify their "flaws". What you should be doing is forcing your government to understand how crypto currencies work and allow their people to use it!

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August 27, 2021, 10:42:53 PM
 #83

I'm sure about bitcoin in the future, government restrictions can't hinder the growth of bitcoin and I know some countries that may impose restrictions or prohibitions because they are afraid that money and banking whose status is owned by the state and governed by the state will collapse

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August 27, 2021, 10:54:43 PM
 #84

I expect that the current generation will improve bitcoin and cryptocurrencies and take it even further. The reason why bitcoin and crypto isn't widely accepted and regarded as something that is worth having is because those who are seated in the political seats, together with the head honchos of different industries are old timers that refuse to accept change. Once the younger generations took control of the government, the industries, and everything in between, perhaps that's the time when bitcoin, alongside the idea of cryptocurrencies, will flourish and will be accepted on a large scale.

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August 27, 2021, 11:06:57 PM
 #85

Right now in some of the countries Bitcoin is been banned or restricted, when I think of it I do not blame the government why Bitcoin or cryptocurrencies is been restricted because they do not know the value or importance of Bitcoin. Some government officials have never done any transactions, I mean to buy or invest to Bitcoin or to use Bitcoin as a means to acquire goods and services.


What?! Who says the government doesn't know Bitcoin's importance? They are fully aware and that is even why they don't want you to deal with it. IMO, I believe that the government are scared of losing their power. Letting people off their hands so freely is not easy for them. So they want to keep that power and authority over citizens.



 

 

 

 

 

 


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August 28, 2021, 02:21:29 PM
 #86

I'm sure about bitcoin in the future, government restrictions can't hinder the growth of bitcoin and I know some countries that may impose restrictions or prohibitions because they are afraid that money and banking whose status is owned by the state and governed by the state will collapse
.


The government can only limit it but can't do anything with the bitcoin balance that we store in the wallet, especially now that there are many exchanges that support international payments, I once withdrew on huobii and only 4 days was in the account.

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August 28, 2021, 05:51:15 PM
 #87

bitcoin will be more effective in the future,,?? indeed we can't deny that bitcoin is very popular, maybe from that reason many say bitcoin is more effective in the future, although there are still many challenges that bitcoin goes through, I think bitcoin will be better in the future, unemployment is reduced, by itself congestion is reduced, because many people work from home, but I think there are also governments who reject bitcoin, because it is against their system, the government also cannot control the income of its own citizens..
Maybe many people will work from home but the unemployment rate will not decrease because hundreds of thousands of people are still not a pure native worker with bitcoin, they have no income here and just hang around with scams, sometimes they are just waiting for government subsidy, more people stay at home with bitcoin sometimes will be higher unemployment. Just need the unemployment rate to stick to bitcoin more, such evils will have a task force set up by the government and bring everything back to normal

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August 28, 2021, 11:12:28 PM
 #88

the government has its own views to accept or prohibit bitcoin in its country. although there are several countries that prohibit bitcoin but there are still many countries that accept it and I know that bitcoin is currently getting better. many people are familiar with bitcoin and many are starting to learn it. some enter because they seriously want to learn it and some are just curious to get into the crypto world. if you say bitcoin will be good in the future, I hope it's true because it is seen at this time that bitcoin's development is also getting better.

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September 02, 2021, 06:59:43 AM
 #89

Bitcoin has proven its value in the past few years of development, as the king of encryption dominates the crypto market.
The decentralization of Bitcoin brings people complete freedom, and users have complete control over their personal assets and will not be controlled by anyone.
As people generally recognize and demand Bitcoin, Bitcoin will be more effective and have unlimited potential in the future.
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September 02, 2021, 08:47:13 AM
 #90

Recently there are more countries which accept bitcoin. Even some countries such as El Salvador being so serious in bitcoin adoption. I have few friends who holding bitcoin and they are all so much younger than me. Actually I ever explain about bitcoin to my friends in my company where I worked but they don't want to hear me, but these young people who become my friend at that time, they are very enthusiast with btc. I think the next generation will easily accept bitcoin. It seems that old generation is harder to accept bitcoin, it's still okay bitcoin has good future.

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September 02, 2021, 09:09:01 AM
 #91

As of now, today, Bitcoin has proved its existence. And we cannot ignore or neglect it. Rather an awareness about bitcoin increasing its popularity which ultimatelly increasing its price as we all know Bitcoins are limited in supply.

New trends in the Crypto industry such as DEX, Yield Farming, Staking, Liquidity Pool Mining, Lending, Borrowing, Flash loans, etc. are opening new doors for upcoming decentralized businesses.

Bitcoin is the Prime/Master currency among cryptomarket. Considering the growth in app developments, the increase in parallel second layer blockchain as Binance Smart Chain, Matic(Polygon), Fantom, and a few more are getting attention in a very short time.

This will definitely increase the value and importance of Bitcoin which will lead Bitcoin to become more effective in the coming future.
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September 02, 2021, 09:19:41 AM
 #92

Why future? It's already an effective financial tool in the present so I don't exactly think that it's going to be any different in the future. For me, the only thing that will change in the future is that there will be more people that's going to use bitcoin and the prices are definitely much higher than the last time.
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September 02, 2021, 03:08:43 PM
 #93

For me, the only thing that will change in the future is that there will be more people that's going to use bitcoin and the prices are definitely much higher than the last time.
I can't appreciate with your speech. Though Bitcoin is the most potential and popular coin in this time. But Bitcoin is a crypto currency. In cryptocurrency any time anything can happen. Price can increase huge and also price can decreasing huge. No one can surely predict on a crypto. In future Bitcoin price can get down. If the price continuously decreasing then Bitcoin will loss its popularity and user also.

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September 02, 2021, 03:23:32 PM
 #94

I would rather say more recognition will be given to bitcoin as the year goes by because of technological advancement in the world. And there is no doubt that it is the younger generation that are mostly into bitcoin.

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September 02, 2021, 03:39:38 PM
 #95

Bitcoin will get more adoption in the future as people are paying more attention to Bitcoin.
There are improvements in Bitcoin technology to reduce transaction costs and network speed such as WRAP, LIGHTNING...
Currently, Bitcoin has been accepted by many large companies as a payment unit. Some countries like Cuba, El Salvador have allowed Bitcoin to be legal tender. Banks in the US have added Bitcoin to their assets under management.
Those are all positive steps and I believe Bitcoin will become more popular around the world.
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September 02, 2021, 03:43:45 PM
 #96

I would rather say more recognition will be given to bitcoin as the year goes by because of technological advancement in the world. And there is no doubt that it is the younger generation that are mostly into bitcoin.
it's true as you said comrade, bitcoin is more effective in the future, because in the hands of young people bitcoin will be even more effective in the future, because we are old here, maybe it won't be long in this world, bitcoin gold opportunity then it will be held by young people, I am very sure in their hands, bitcoin will continue to grow, of course young people are good at playing in all kinds of technology,
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September 02, 2021, 04:13:40 PM
 #97

Of course. I also believe that Bitcoin will be at a much higher level than this. Bitcoin adoption is going on really good. More people get to know Bitcoin as time goes on and it leaves a positive effect on the adoption. And this helps Bitcoin's future to be brighter than before. As Bitcoin continues to gain strength, there will be more governments to accept or make it legal tender in the future.

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September 02, 2021, 06:18:08 PM
 #98

Of course. I also believe that Bitcoin will be at a much higher level than this. Bitcoin adoption is going on really good. More people get to know Bitcoin as time goes on and it leaves a positive effect on the adoption. And this helps Bitcoin's future to be brighter than before. As Bitcoin continues to gain strength, there will be more governments to accept or make it legal tender in the future.
Bitcoin is not really hard on the people because its even user friendly, its the government that is very hard on it. But since bitcoin is decentralized so it can still continue its function maybe as an investment even without the government supporting it. And as the demand increases, its utilization also has got more than an investment because its also functioning already as a currency by now.

Now, i can say that even through the test of time, bitcoin is still standing straight and is even more effective. Hopefully, when the government will be ready to accept and legalized bitcoin, then having it as a currency will create more effectiveness in the future.

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suboo112123
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September 02, 2021, 07:01:28 PM
 #99

BTC is the most valuable financial unit in the world and BTC value is increasing day by day since 2009 and we can analyze the price chart of BTC and then we can get a rough idea about the price up. I can predict that BTC will be more valuable in the near future so BTC will be more effective in the near future. The day is no far off when every company and country accept their payments from BTC.
DarkDays
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September 02, 2021, 07:37:10 PM
 #100

Of course. I also believe that Bitcoin will be at a much higher level than this. Bitcoin adoption is going on really good. More people get to know Bitcoin as time goes on and it leaves a positive effect on the adoption. And this helps Bitcoin's future to be brighter than before. As Bitcoin continues to gain strength, there will be more governments to accept or make it legal tender in the future.


Now, i can say that even through the test of time, bitcoin is still standing straight and is even more effective.
Bitcoin dominance and interest from all over the world has never been so high. This is to say that most people have their eyes on BTC and for good reasons too. BTC is becoming the new store of value asset, and with almost all industries making changes to enable crypto payments is saying to the rest of the world that we are getting closer to a digital payment system, and that BTC will not be falling short from the center of this revolution.
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