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Author Topic: What your ideas about bitcoin adoption in the future?  (Read 1329 times)
spiker777
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August 30, 2022, 07:52:15 AM
 #121

Bitcoin usage will continue to increase as we start to put more pressure on the current financial system. We are definitely headed towards a future that is very different than the one we live in today. Bitcoin adoption will not end in 2022, but its adoption will gain momentum in the years to come. The Bitcoin blockchain, and the technology of the crypto-economy, will continue to mature and evolve, and this will impact the way we interact with the "digital" economy in the future. As a result, the increased Bitcoin adoption in a traditional environment will help to pave the way for future adoption in new and innovative ways.



I see the full/mass adoption of Bitcoin eminent. If we had the opportunity to return to this world many years later, we might not recognise where we left it; it would be surprising and amazing to witness that minor stuffs such as writing pen would be paid for with Bitcoin.
being able to purchase miner things such as pen and pencils is not so far in future. i can see it is going to happen sooner than we thing. and there are some places this is already happening. yesterday I saw a post about a Street Tea seller accepting bitcoin as a payment for his tea. and there are many other shops who do the same. i also have seen so many bitcoin ATM mechines in many places. so it is safe to assume that bitcoin's mass adoption era is almost arrived.

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August 30, 2022, 07:55:43 AM
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 #122

Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.

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August 30, 2022, 08:02:59 AM
 #123

I think that in the future it is deemed necessary for every country to be able to adopt a digital currency such as bitcoin, because I consider that this digital currency (Bitcoin) is an alternative payment instrument that is very easy to use for some entrepreneurs in paying salaries, and also easy to use. transact projects in different countries,
Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
I don't know where you got information about Indonesia People using Bitcoin. Because in every corner of this country nothing is more valuable than Rupiah, if a law enforcer found you using another currency except the rupiah, jail is waiting for you.

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August 30, 2022, 08:39:27 AM
 #124

Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.

Not sure what you're on about.

You don't need to want Bitcoin adoption to use it.
You don't need to be "legalised"  by your country to use Bitcoin.
Bitcoin is not legal tender in almost every single country in the world (only El Salvador, CAR and virtually yes in Japan come to mind) but you also don't need it to start using it and accepting it, as you mentioned.

I don't think it's so much tech advancing that'll increase the rate of adoption, but the ease and simplicity of using it.

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August 30, 2022, 11:51:15 AM
 #125

Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.
Unfortunately, the countries that adopt bitcoin are not countries with a strong economic level, so their influence is less strong on widespread adoption. and because many people saw the opportunity to profit from bitcoin by trading or investing, then a shift from its main function as a currency occurred, but this is actually more and more people who are curious about bitcoin and eventually adopt it for income

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August 30, 2022, 11:58:01 AM
 #126

Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.
Unfortunately, the countries that adopt bitcoin are not countries with a strong economic level, so their influence is less strong on widespread adoption. and because many people saw the opportunity to profit from bitcoin by trading or investing, then a shift from its main function as a currency occurred, but this is actually more and more people who are curious about bitcoin and eventually adopt it for income
As much as that could be through of countries with low economic influence coming up as early adopters in other to build there economy, won't it make more sense to note that, it would offer more to developed nations with a strong economy. Where it doesn't need to build anymore but merely assist as it should be.
Unfortunately, decentralisation would always be viewed by centralization for an enemy.

In all, bitcoin would surely return back to its original purpose as a currency for exchange of goods and services. Maybe afterthought last bitcoin is mined but until then, we would continue to work it as it is.

After all, countries with serious inflation issues have there citizens invest in buying dollars.

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August 30, 2022, 12:36:12 PM
 #127

I think that in the future it is deemed necessary for every country to be able to adopt a digital currency such as bitcoin, because I consider that this digital currency (Bitcoin) is an alternative payment instrument that is very easy to use for some entrepreneurs in paying salaries, and also easy to use. transact projects in different countries,
Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
I don't know where you got information about Indonesia People using Bitcoin. Because in every corner of this country nothing is more valuable than Rupiah, if a law enforcer found you using another currency except the rupiah, jail is waiting for you.

That's the problem right here. People on this forum every day coming to do so many daily posts, purportedly supporting Bitcoin and using it, and then they're saying no one uses Bitcoin in their country... what do you do with all of your campaign earnings? Not use them? Even depositing them somewhere and selling them for rupial is using it, albeit at the most basic level.

I've yet to find someone put in jail for using Bitcoin -- what's illegal is to offer trading services, but no way they're going after P2P.

Oh, and I was in Indonesia just this month, and this is right smack in the public eye:


Has been for a long time, don't see those owners in jail...

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August 30, 2022, 05:04:29 PM
 #128

I am still very new to the bitcoin world and of course there are many questions I still need to ask this community about bitcoin to clear up any confusion.

Bitcoin is a new type of currency that is constantly evolving. Many new ideas about its use as a means of payment will be discovered and perhaps this revolution will continue to escalate. Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?
looking at your post history, it looks like we are from the same country...

it is true that our country does not make bitcoin a legal tender because the rules about it have been regulated in a law "that bitcoin can only be categorized as an investment asset, not a payment". but we can wait for it, I believe in the future, when the push about the mass adoption of bitcoin and crypto gets more volatile then we will freely use bitcoin as payment for everyday purchases or even expensive goods.

So far, I've only made purchases via Bitcoin a few times and everything I do is P2P, you can easily find sellers who accept bitcoin payments on social media like Facebook and even this forum itself, but look at their reputation and try to use an escrow service if needed.



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Rainbot
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Davidvictorson
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August 30, 2022, 06:08:47 PM
 #129


That's the problem right here. People on this forum every day coming to do so many daily posts, purportedly supporting Bitcoin and using it, and then they're saying no one uses Bitcoin in their country... what do you do with all of your campaign earnings? Not use them? Even depositing them somewhere and selling them for rupial is using it, albeit at the most basic level.

I've yet to find someone put in jail for using Bitcoin -- what's illegal is to offer trading services, but no way they're going after P2P.
The younger folks in my country are pro bitcoin. We do not have any qualms carrying out transactions using bitcoin. Although Bitcoin is technically ban in my country. We use P2P. Even businesses that have signs on their doorposts acknowledging that they accept bitcoin do it without leaving any trace whereby the government can find out. A few businesses I know accept bitcoin as payment but it is not rampant. In addition, even though the government knows that P2P is what we use for out bitcoin exchange, there's nothing they can do about it.

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Rana590
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August 30, 2022, 08:31:30 PM
 #130

Bitcoin is growing so fast and people are knowing it day by day. If we see, we can withdraw our valuable Bitcoin through POS machine. It is using for shopping, as a payment methods. Investors are getting profits and traders are also generating good amount of money through Bitcoin trading. People are able to play gamble with Bitcoin. It is a decentralized digital currency that people are trusting now. So day by day people will adopt it in their daily life to get advantages from it.
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