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Author Topic: Bitcoin gets more attention  (Read 559 times)
worle1bm
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July 12, 2022, 05:01:10 AM
 #21

There are many organization that are now leaning towards bitcoin adoption seeing the increase demand among mass and they want to be keep up with the latest technology in the market.At the bearish times the growth is slow but in near future you will see more countries and institutions adopting bitcoin.

The Australian post office service was also letting customer pay with bitcoin at it's outlet in past news and now this Swiss post office offering the crypto services

Australia Post office bitcoin option

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July 12, 2022, 05:29:26 AM
 #22

This is good news for crypto adoption, but then using the post office as a channel for payment may require users to provide some form of KYC identity verification and this will be a major setback for that services. Since the post office is operating under the Spanish central government so there will be regulations that will lead to verification of citizens using the Bitcoin payment options.
Am not sure if there is a need for KYC when all you only need is to pay the transaction over wallet to wallet or even p2p , so this does not really involving a problem here though what is my concern is the exposure from telling them that you are a Bitcoin user with camera around you.
but all in all this adds value to bitcoin in many forms.

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July 12, 2022, 05:54:34 AM
 #23

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
 The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.
Despite it's fall from it's all time high price of 69,044.77 in Nov of 2021, the need to venture into cryptocurrency was necessitated by citizen's demands.
 .

“Our clients want direct access to this market through their house bank. Given the growing institutionalisation [of cryptocurrencies] in the last 18 months, this is the ideal time to enter the market,” Sandra Lienhart, head of retail banking has this to say.
 This move will go a long way to helping Bitcoin go global and I expect to see more people who were less welcoming of it to have a change of heart. What do y'all think of this? Your thoughts. https://finbold.com/swiss-post-office-to-offer-crypto-trading-and-custody-services-by-2024/
Even in its failing state? so do you really think because there is a bear market that is not something new to the general crypto market you regard Bitcoin as failing? For those that understand, this is a perfect time to jump into the market and not in a Bull season as most people do however "Sandra Lienhart" understands this obviously.
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July 12, 2022, 09:27:44 AM
 #24

Maybe this is a good step for a bank to offer crypto services to its customers because bitcoin is now getting a lot of attention from many parties.
With this offer, bitcoin's position in the banking sector can become stronger and foster trust from the public to start using bitcoin.
But they need to receive an explanation from related parties about how to use bitcoin so there will be no misunderstanding about its use.
This will trigger more bitcoin users and see what benefits they can get from using bitcoin.

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July 12, 2022, 09:46:14 AM
 #25

Bear markets are usually slow periods, but they are the best time to jump into bitcoin; Prices are lower, but potential is high. With enough patience and controlled investments, the ROI could be very high.
This also applies to businesses, cooperate firms and banks getting into bitcoin.

I should point out that the Swiss Post is looking to gain more exposure into cryptocurrencies and not Bitcoin in particular and have been into the crypto space for some time now.

I am also using this opportunity to accumulate more bitcoins at the moment as prices are low.
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July 12, 2022, 10:12:22 AM
 #26

Bear markets are usually slow periods, but they are the best time to jump into bitcoin; Prices are lower, but potential is high. With enough patience and controlled investments, the ROI could be very high.
This also applies to businesses, cooperate firms and banks getting into bitcoin.

I should point out that the Swiss Post is looking to gain more exposure into cryptocurrencies and not Bitcoin in particular and have been into the crypto space for some time now.

They are are smart guys at Swiss Post, no doubt about that. It seems unbelievable that we are still at the beginning of the journey, but that's where we are. Because of the high volatility of Bitcoin and lack of education in this field, most people still think BTC has no future. And only those who is able to be objective, they start adopting Bitcoin, to their great benefit in the years to come.

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July 12, 2022, 10:16:17 AM
 #27

Is there a way to measure attention get by Bitcoin? I’m seeing many news like this but how come to determine if it’s really increasing or not since the price is the only basis to know whether many new investors notice Bitcoin or not. Bitcoin is existing more than 10 years already and I know many people already knew Bitcoin but just afraid to invest due to volatility and many scam and fraud event attached to it.

I’m interested to see the number of new investors rather than attention which has no proper metric at all.

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July 12, 2022, 04:55:13 PM
 #28

what I think is the more positive about bitcoin. the proof is that countries in this part of the world are starting to look at it and like it. So I myself am getting more and more excited about investing in bitcoin, and if the bitcoin community is also famous, it's only natural because many people see people who have succeeded in investing in bitcoin, so bitcoin must be highlighted by the world. and what is unique,, bitcoin is favored by all circles,
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July 12, 2022, 05:25:48 PM
 #29

~
Still people are able to still get their own non custodial wallet, so that is still nice. Surely independent merchants would consider using this if it was like a common thing around their area.
Maybe these adoption that we were hearing are not really being published in the news as people do not really like government to interfere with their business once they adopt Bitcoin.
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July 12, 2022, 09:23:12 PM
 #30

~
Still people are able to still get their own non custodial wallet, so that is still nice. Surely independent merchants would consider using this if it was like a common thing around their area.
Maybe these adoption that we were hearing are not really being published in the news as people do not really like government to interfere with their business once they adopt Bitcoin.
Even if they wont really be making some news or announcement but the government wont really be that blind enough on not to know those certain information specially if its getting widespread into their
vicinity or in the area of their governance on which it would be normal for them to create such action or step neither they would really be opposing to it or would really get in line with it.
It does really depends on a certain country because we know that there are some who do make out considerations and there are some who do totally opposes it.
Speaking about attention then its something inevitable but on times like this on where bear market comes and regulation issues then it cant be avoided that people would really be having
those hesitance.

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July 12, 2022, 10:37:15 PM
 #31

Bitcoin has always had the potential and it gains more attention as it was been influenced by social media, we can't simply ignore it perhaps, the growing adoption could tell that many people are willing to invest and even use it in their daily life. I know, some people are just quietly investing Bitcoin this time taking the opportunity of its current price. We can't deny the fact that Bitcoin is a great crypto asset and looking back on last year's performance will encourage people to invest.

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July 13, 2022, 06:08:37 AM
 #32

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
 The plan to introduce this service will be the first of its kind as it aind to independent from other banks and operations will begin from 2024.
Despite it's fall from it's all time high price of 69,044.77 in Nov of 2021, the need to venture into cryptocurrency was necessitated by citizen's demands.
 .

“Our clients want direct access to this market through their house bank. Given the growing institutionalisation [of cryptocurrencies] in the last 18 months, this is the ideal time to enter the market,” Sandra Lienhart, head of retail banking has this to say.
 This move will go a long way to helping Bitcoin go global and I expect to see more people who were less welcoming of it to have a change of heart. What do y'all think of this? Your thoughts. https://finbold.com/swiss-post-office-to-offer-crypto-trading-and-custody-services-by-2024/

That kind of news is not surprising that it will happen in other countries, that's why bitcoin has taken 11 years because different countries have seen that many will adopt the concept that Bitcoin has around the world in the field. of the technology that we have today that we are currently dealing with.

Then again this is good news for those of us who believe in cryptocurrency or Bitcoin.
This is another point for cryptocurrency holders in this industry.


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July 15, 2022, 09:21:29 AM
 #33

Bitcoin has always had the potential and it gains more attention as it was been influenced by social media, we can't simply ignore it perhaps, the growing adoption could tell that many people are willing to invest and even use it in their daily life. I know, some people are just quietly investing Bitcoin this time taking the opportunity of its current price. We can't deny the fact that Bitcoin is a great crypto asset and looking back on last year's performance will encourage people to invest.

I agree, I think researching the history of Bitcoin is more important than reading articles by various "experts" regarding the current situation. None of them can know for sure what's going to happen. All they write is speculation.

To be closer to reality, make your own conclusions from your own research.

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July 16, 2022, 05:43:26 AM
 #34

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
Sure more and more attention and adoption for Bitcoin will be on the rise that's certain, What I do believe that there's going to be a time when the demand for Bitcoin will be high in such a way that even the Government of various countries would have no choice than to regulate and adopt BTC in their various countries, Bitcoin is the future of money and the only way forward for the evolution of money and the earlier the adoption the better for them.

R


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July 16, 2022, 07:40:37 AM
 #35

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
Sure more and more attention and adoption for Bitcoin will be on the rise that's certain, What I do believe that there's going to be a time when the demand for Bitcoin will be high in such a way that even the Government of various countries would have no choice than to regulate and adopt BTC in their various countries, Bitcoin is the future of money and the only way forward for the evolution of money and the earlier the adoption the better for them.

The earlier adoption the better, many will get to know bitcoin and start using it. but it will not be that easy, Bitcoin certainly has many enemies or many who are against bitcoin. The government also can't control bitcoin completely, this will be a dangerous tool for the government because they can't control it the way they want to.
some developing countries only provide basic regulations on Bitcoin and should not be used as a means of payment.
Currently the real potential of bitcoin is as an investment tool that provides faster returns but also comes with a higher risk. For those who are pros of course Bitcoin is an evolution of traditional payments, but for those who are against Bitcoin, Bitcoin is a threat to Fiat. Evolution has to go hand in hand between Bitcoin and Fiat, cannot be separated for now.
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July 16, 2022, 06:08:10 PM
 #36

Bitcoin has always had the potential and it gains more attention as it was been influenced by social media, we can't simply ignore it perhaps, the growing adoption could tell that many people are willing to invest and even use it in their daily life. I know, some people are just quietly investing Bitcoin this time taking the opportunity of its current price. We can't deny the fact that Bitcoin is a great crypto asset and looking back on last year's performance will encourage people to invest.
I agree, I think researching the history of Bitcoin is more important than reading articles by various "experts" regarding the current situation. None of them can know for sure what's going to happen. All they write is speculation.

To be closer to reality, make your own conclusions from your own research.
Making your own research is not something that newbies are good at, that's why they are looking at others and what they are saying. Doesn't mean that they are doing the right thing, just means that they are doing it because they have no other option. What they should do instead is stay away from bitcoin and crypto until you know more about it, and learn how to research. But since they want to get in as soon as possible, they make mistakes.

This happens a lot during the bull run for example, they see people making millions from crypto and they get in without needing to get in too much and that causes a lot of trouble for them, don't know what else they could do.

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July 16, 2022, 07:23:46 PM
 #37

We have heard of several countries that are embracing BTC, and even in it's falling state, some want to partake of it. It's quite an impressive initiative that the Swiss Post office, through it's banking arm, PostFinance, are taking to offer crypto services to it's customers in response to their demands for it.
Sure more and more attention and adoption for Bitcoin will be on the rise that's certain, What I do believe that there's going to be a time when the demand for Bitcoin will be high in such a way that even the Government of various countries would have no choice than to regulate and adopt BTC in their various countries, Bitcoin is the future of money and the only way forward for the evolution of money and the earlier the adoption the better for them.
Let us believe and pray that bitcoin last till then. Government of different countries are fighting bitcoin and also fighting bitcoin adopters. I have a fear that if more and more countries adopt bitcoin, US and IMF will start denying the countries that adopted bitcoin some international benefits such ad the cade of El Salvador.
One thing is that bitcoin will never come to your rescue or fight for you when they start persecuting you as a country,  company or an individual.
But bitcoin will always be there ti you face your challenges because it is the currency of the people.
It is q new technology and its adoption will keep increasing

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sklopan
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July 16, 2022, 08:03:38 PM
 #38

Bitcoin has always been in the spotlight, you should not even be surprised. I don’t think that the situation will change dramatically over time, because in fact it is a top cryptocurrency.
Piesel
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July 16, 2022, 08:41:22 PM
 #39

Bitcoin is indeed a lot of attention because many see the good potential of bitcoin. I myself am also interested in bitcoin. because my see the good potential in bitcoin, because if you invest in bitcoin it can be achieved by all circle. so it's only natural that many countries are interested in bitcoin. because they see the good potential. in bitcoin
a lot of development is taking place in the Bitcoin ecosystem, and the adoption of Bitcoin is slowly gaining attention right now with government restrictions and slow adoption with just a few countries adopting Bitcoin. A post office is adopting Bitcoin for business purposes and few will be demanding KYC. The need for KYC is what makes the use of those services not appealing to most Bitcoin lovers.
Seeing the leads in the Bitcoin adoption El Salvador has taken a lead among countries to have made Bitcoin a legal tender and also some other centralized services adopting the use of Bitcoin, I believe in the nearest future government are going to adopt Bitcoin following the already mainstream slow Bitcoin adoption.
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July 16, 2022, 09:36:11 PM
 #40

Bitcoin is indeed a lot of attention because many see the good potential of bitcoin. I myself am also interested in bitcoin. because my see the good potential in bitcoin, because if you invest in bitcoin it can be achieved by all circle. so it's only natural that many countries are interested in bitcoin. because they see the good potential. in bitcoin
a lot of development is taking place in the Bitcoin ecosystem, and the adoption of Bitcoin is slowly gaining attention right now with government restrictions and slow adoption with just a few countries adopting Bitcoin. A post office is adopting Bitcoin for business purposes and few will be demanding KYC. The need for KYC is what makes the use of those services not appealing to most Bitcoin lovers.
Seeing the leads in the Bitcoin adoption El Salvador has taken a lead among countries to have made Bitcoin a legal tender and also some other centralized services adopting the use of Bitcoin, I believe in the nearest future government are going to adopt Bitcoin following the already mainstream slow Bitcoin adoption.

We do like it or not on which Bitcoin do become even more popular or getting that attention when it is reaching all time high or making significant rise in its price and same goes opposite
when the price is plummeting where panic and fear could really be seen out on the market but recognition and adoption is something that cant really be stopped
and we've seen on how far we do able to reach out if we do compare the progress in 10 years back and into the present which we arent that blind not to see on how
far and how it did progress but expect that there are lots of fuds and shills around which you should prepare yourself with that.

R


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