First thing i will do if Bitcoin become legal tender globally

[Ojima-ojo]

Before bitcoin will become a legal tendency I think it will take you so here is because many governments of the different nation is against bitcoin inclement so bitcoin becoming an illegal tendency I don't think that is something today or something that to happen interval of 2 years so they are for let us just give bitcoin increment of Bitcoin adoption for more 5 years to come because I still have ways to circulate

The long-term goal is the perfect way to gain the level of adoption we all glamour for I'm bitcoin,  most especially now that various countries have their sentimental judgement about Bitcoin.

But as long as Bitcoin continue to provide the best alternative it will become more of the currency of the citizens and not the government and that is why it is called alternatives currency.

[nullama]

~snip~
The long-term goal is the perfect way to gain the level of adoption we all glamour for I'm bitcoin,  most especially now that various countries have their sentimental judgement about Bitcoin.

But as long as Bitcoin continue to provide the best alternative it will become more of the currency of the citizens and not the government and that is why it is called alternatives currency.

Yeah, Bitcoin really is the best way to transfer money from point A to point B in the world. The thing is that the people in charge of how currently things are done are very powerful, and they're not going to stop living their fancy life because of this Bitcoin thing.

The more people realize how to use Bitcoin, the better most people will be.

It's just a matter of time. Changes at this scale take time, plus also it doesn't happen everywhere at the same time.

[White pawn]

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?

If Bitcoin is globally accepted, my first thing to do is to accept Bitcoin payment in my businesses because it's a great opportunity for me. And if I have a job, I would rather choose Bitcoin as salary because I know that it is volatile  and I know the Bitcoin's price will increase gradually. People might take volatility as disadvantage in Bitcoin but for me, I will take this as an advantage.

You’re right about one thing. Most people would take volatility as a disadvantage in bitcoin and I think they’re wise for seeing volatility as a disadvantage.
I think it’s great that you would accept bitcoin to be as a payment method in your business. I know if and perhaps when bitcoin is globally accepted, you would certainly have a lot of customers that would like and appreciate the idea of paying in bitcoins.
While accepting payments in bitcoin in your business and in your job(if you have) is all nice and good, you should consider holding a little fiat currency.

[jokers10]

You’re right about one thing. Most people would take volatility as a disadvantage in bitcoin and I think they’re wise for seeing volatility as a disadvantage.
...

Do you think they are wrong? Or may be could it be so that for one purposes of bitcoin adoption volatility works against development and for other purposes of attracting attention and trading it can be not so bad? It is usual when the same thing can be good for one and bad for another. Just like in a parable about the blind men and an elephant: if you think that others are wrong because you are sure smth looks other way it could be so that you don't see it from another angle.

Less volatility will make bitcoin more attractive for everyday using: you'll spend it easier when you know that it will not grow up several times and you will accept it easier when you know that it won't fall down several times.

[cozytrade]

~snip~
The long-term goal is the perfect way to gain the level of adoption we all glamour for I'm bitcoin,  most especially now that various countries have their sentimental judgement about Bitcoin.

But as long as Bitcoin continue to provide the best alternative it will become more of the currency of the citizens and not the government and that is why it is called alternatives currency.

Yeah, Bitcoin really is the best way to transfer money from point A to point B in the world. The thing is that the people in charge of how currently things are done are very powerful, and they're not going to stop living their fancy life because of this Bitcoin thing.

The more people realize how to use Bitcoin, the better most people will be.

It's just a matter of time. Changes at this scale take time, plus also it doesn't happen everywhere at the same time.

I think the use of Bitcoin will increase as time goes by. But earlier days people didn't use Bitcoin much. Now I see almost people know about Bitcoin and are starting to use it. In next few years Bitcoin will be more popular and Bitcoin will be used by all people.  The use will be more popular. It is really a matter of pride for us that Bitcoin will be used by people all over the world.

[DanWalker]

...

Less volatility will make bitcoin more attractive for everyday using: you'll spend it easier when you know that it will not grow up several times and you will accept it easier when you know that it won't fall down several times.

But less volatility will be a disadvantage for those who are looking at it as an investment, without volatility, we would not be able to make a profit. We are on two sides in this market. One side that sees bitcoin as a payment method wants it to be a currency, so they don't like the volatility of bitcoin, one side sees bitcoin as an investment, and volatility is what they are looking for. I used to be a forex trader, and I was attracted to bitcoin because of its volatility, it made me more money than forex.

[nullama]

~snip~
I think the use of Bitcoin will increase as time goes by. But earlier days people didn't use Bitcoin much. Now I see almost people know about Bitcoin and are starting to use it. In next few years Bitcoin will be more popular and Bitcoin will be used by all people.  The use will be more popular. It is really a matter of pride for us that Bitcoin will be used by people all over the world.

It's strange, it feels like it was completely unknown in the beginning, then it slowly started to be accepted everywhere, and then suddenly it kinda stopped, and now it's getting a second wave of being accepted everywhere.

Not sure what is fueling this, maybe the idea that if you spend something now it will be worth more tomorrow?

Also lightning makes it easier to spend micropayments, kinda like how bitcoin was valued at the beginning

[jokers10]

But less volatility will be a disadvantage for those who are looking at it as an investment, without volatility, we would not be able to make a profit. We are on two sides in this market. One side that sees bitcoin as a payment method wants it to be a currency, so they don't like the volatility of bitcoin, one side sees bitcoin as an investment, and volatility is what they are looking for. I used to be a forex trader, and I was attracted to bitcoin because of its volatility, it made me more money than forex.

It's not so, you confuse trading and investing: of course traders like volatility as it gives an opportunity to play with waves, but investors prefer long term income and stability. If you want to keep your savings  for using them when you want you'll prefer a deflationary asset with low volatility as it will be more costly in the future at any time and not at the bull's top only. So we'll just see how one investors will replace another ones. And those ones who like volatility the most will just look for another asset to play with, they are not fond of bitcoin as for bitcoin. And if you look at the charts you can see that bitcoin is losing volatility with time, it is natural and will go on the same way.

[RealMalatesta]

But less volatility will be a disadvantage for those who are looking at it as an investment, without volatility, we would not be able to make a profit. We are on two sides in this market. One side that sees bitcoin as a payment method wants it to be a currency, so they don't like the volatility of bitcoin, one side sees bitcoin as an investment, and volatility is what they are looking for. I used to be a forex trader, and I was attracted to bitcoin because of its volatility, it made me more money than forex.

It's not so, you confuse trading and investing: of course traders like volatility as it gives an opportunity to play with waves, but investors prefer long term income and stability. If you want to keep your savings  for using them when you want you'll prefer a deflationary asset with low volatility as it will be more costly in the future at any time and not at the bull's top only. So we'll just see how one investors will replace another ones. And those ones who like volatility the most will just look for another asset to play with, they are not fond of bitcoin as for bitcoin. And if you look at the charts you can see that bitcoin is losing volatility with time, it is natural and will go on the same way.

I have to say, as a long term investor myself, I do not really care about the volatility. It wouldn't matter to me if the price was 60k today, like suddenly it moved up, it wouldn't really matter. Since I am going to hold no matter what the price is, and ı am going to be around in 10+ years, that means it doesn't matter what the price is today, it could be 10k or it could be 100k and I would still not consider that as any issue at all, and wouldn't care.

Of course not all long term investors are like me, some may prefer stability and less volatility, but I am not one of those guys, I am going to hold for many years, so how it moves right now doesn't really matter to me.

[reagansimms]

WHAT IS THE FIRST THING YOU WILL DO IF BITCOIN BECOMES GLOBALLY ACCEPTED JUST LIKE THE INTERNET?

The first thing I will do is teach the people around me from adults to teenagers to get to know Bitcoin more closely. When Bitcoin is used as a legal means of payment globally, of course ordinary people about Cryptocurrency need education to know how to get Bitcoin and sell it when they need cash or other transactions.
When Bitcoin is present in the midst of people who live around the countryside, it will be a new phenomenon for those who have never known Bitcoin before. It takes continuous recognition to encourage them to be interested in using Bitcoin as a transaction tool in everyday life.

[skarais]

The first thing I will do is teach the people around me from adults to teenagers to get to know Bitcoin more closely. When Bitcoin is used as a legal means of payment globally, of course ordinary people about Cryptocurrency need education to know how to get Bitcoin and sell it when they need cash or other transactions.
When Bitcoin is present in the midst of people who live around the countryside, it will be a new phenomenon for those who have never known Bitcoin before. It takes continuous recognition to encourage them to be interested in using Bitcoin as a transaction tool in everyday life.

Bitcoin has been recognized globally since its introduction, but bitcoin has not been adopted globally as legal currency because the government has not legalized it.

If you want to teach as many people about bitcoin then I don't think you need to wait for global adoption and get started. Currently bitcoin has been recognized as legal currency in several countries, such as El Salvador and other countries, but in many other countries it is still limited to legalized investment asset. You can start now while waiting for the rules to soften on their own in the future. If the government is ready to change and start considering adoption, then the people you teach are ready for the new financial system.

[jokers10]

I have to say, as a long term investor myself, I do not really care about the volatility. It wouldn't matter to me if the price was 60k today, like suddenly it moved up, it wouldn't really matter. Since I am going to hold no matter what the price is, and ı am going to be around in 10+ years, that means it doesn't matter what the price is today, it could be 10k or it could be 100k and I would still not consider that as any issue at all, and wouldn't care.

Of course not all long term investors are like me, some may prefer stability and less volatility, but I am not one of those guys, I am going to hold for many years, so how it moves right now doesn't really matter to me.

It doesn't disprove my words. Even if you don't care about volatility it doesn't still mean that you like it or will be upset when it will go down in time. So you will not leave the bitcoin market depending on volatility. And some other long term investors who prefer less volatile assets will come to the market later, and traders will go searching for some more volatile markets as they like short and high waves.

And moreover while we expect when bitcoin will be a world spread currency we know that volatility will go down so in some sense you are holding your assets in those expectations, isn't it?