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Author Topic: Act local and think global  (Read 395 times)
bhooscream
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February 11, 2023, 11:19:57 PM
 #61

Today too many people are in worries about Bitcoin adoption, they want to see the global adoption happens overnight, that is impossible, I had some chats yesterday within a mist of friends and they are talking about how they don't notice any fast global bitcoin adoption, I told them that it won't happen instantly.
And many people also worry because many countries still ban Bitcoin. Many FUD about Bitcoin really give certain influence to the mindset of most people. This leads that Bitcoin is still extremely and not recommended for investment assets, moreover for a means of payment because of its utility and no underlying fundamental.

The same thing goes out to all of us on here, every part we take locally will have a big impact on Bitcoin adoption, never get tired of spreading the news, it's worthy.
We can spread the good news about Bitcoin to society, but not suggest or invite them to invest in Bitcoin because the risk is higher for you and to avoid being blamed because of Bitcoin. It is important to teach them and to lead them to learn more about bitcoin first. Until they have their own willingness and awareness to invest in Bitcoin, not because of us.
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February 12, 2023, 11:57:31 PM
 #62

The adoption of a concept and system that has disrupted the accepted standard of currency was going to be a slow and arduous process. I think all things considered, we are ahead of where I expected to be when it came to awareness and adoption in 2023.
And people that are thinking that it's quite slow in progress should even be happy with it because, they're still early on adopting in.

The talks of adoption progress is actually fast but if it's quite slow in their eyes then so be it. But to look at what's happening in every side of the world, the adoption is continuous, whether it goes fast or slow.
In recent years the adoption of bitcoin have taken faster phase. Prior to that we had been experiencing slower adoption as the user count is low and had big opposition from the governments. Now things have changed alot and the same lets people use bitcoin and have more stores and services accepting bitcoin.
It's going to be a matter of time.

It seems that everything is being set and put on the table and we just have to wait until everything finalizes. The governments have already been aware of its existence and the digital revolution that they might join.

While for individuals, it's also being known that the word of bitcoin has already been heard somewhere but it's either they don't know how to buy it or they really have no interest at this time of owning it.

But it will all change when they see its price soar again.



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February 13, 2023, 02:50:38 AM
 #63

It's going to be a matter of time.

It seems that everything is being set and put on the table and we just have to wait until everything finalizes. The governments have already been aware of its existence and the digital revolution that they might join.

While for individuals, it's also being known that the word of bitcoin has already been heard somewhere but it's either they don't know how to buy it or they really have no interest at this time of owning it.

But it will all change when they see its price soar again.
The limited amount of time we have needs to be used effectively because time does not wait for anyone. Since bitcoin began to rival conventional currency, governments have been trying to outlaw it, which is the main cause of the cryptocurrency's slow growth. Depending on how you want to look at it, Bitcoin is both local and global. One of the most popular projects in the area has drawn large crowds interested in understanding how the area is regulated and runs. More people relying completely on the project means that Bitcoin has a bright future in this area. As a result, it may be relied upon to quickly and confidently obtain monetary pieces.

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February 13, 2023, 03:03:33 AM
 #64

It won't really happen overnight, but we are already far since its first release and also the pandemic, which was the time bitcoin was featured in the news and very well known on social media. Bitcoin is doing its own thing to be heard by all people. When the pandemic hits, a lot of people that I've known have been talking about bitcoin and asking me about it, as I've always shared a post on my social media about it and shared some of the items I've purchased. The future of adoption of bitcoin is bright; let's just observe and continue what we are doing.
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February 13, 2023, 03:13:03 AM
 #65

~~~

But it will all change when they see its price soar again.

In my opinion, as long as this is maintained, bitcoin will be used and accepted globally very quickly. As I have seen, every time the bull run comes, bitcoin hits a new ATH, and more institutions and countries will be interested in bitcoin. In 2017 we did not have any company or country participating in bitcoin, but in 2021, there are many corporations and countries investing in bitcoin and seeing it as the future. Honest, I don't see bitcoin adoption being slow, it's actually happening really fast.

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February 13, 2023, 07:44:58 AM
 #66

I personally feel if we're to adopt the concept of acting locally while thinking globally we have to get to that point where we are to get to a point where do DYOR on our individual local currency index and be able to run permutations in comparison to the BTC prices then know the amount of BTC to buy like in my country in the election season the our currency slips against the dollar if the price of BTC gains I chill and when it drops a bit then I stock up more BTC as I believe we're still in the bear market.
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February 13, 2023, 08:30:49 AM
 #67

It's going to be a matter of time.

It seems that everything is being set and put on the table and we just have to wait until everything finalizes. The governments have already been aware of its existence and the digital revolution that they might join.

While for individuals, it's also being known that the word of bitcoin has already been heard somewhere but it's either they don't know how to buy it or they really have no interest at this time of owning it.

But it will all change when they see its price soar again.
The limited amount of time we have needs to be used effectively because time does not wait for anyone. Since bitcoin began to rival conventional currency, governments have been trying to outlaw it, which is the main cause of the cryptocurrency's slow growth. Depending on how you want to look at it, Bitcoin is both local and global. One of the most popular projects in the area has drawn large crowds interested in understanding how the area is regulated and runs. More people relying completely on the project means that Bitcoin has a bright future in this area. As a result, it may be relied upon to quickly and confidently obtain monetary pieces.
Yeah, time might not wait us but we don't have a choice but to wait until satisfying price of bitcoin is being hit. The governments that have been interacting and starting to adopt it, sees the same thing as what we can see with it.

The great potential that it possesses is undeniably good and that's why even them are into it.

~~~

But it will all change when they see its price soar again.

In my opinion, as long as this is maintained, bitcoin will be used and accepted globally very quickly. As I have seen, every time the bull run comes, bitcoin hits a new ATH, and more institutions and countries will be interested in bitcoin. In 2017 we did not have any company or country participating in bitcoin, but in 2021, there are many corporations and countries investing in bitcoin and seeing it as the future. Honest, I don't see bitcoin adoption being slow, it's actually happening really fast.
It's already being used and accepted, globally. If it's not then we're not using it and that's why it's already been there and you and I and the others as well are enjoying the use of it.



.
.BIG WINNER!.
[15.00000000 BTC]


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February 14, 2023, 05:53:51 PM
 #68

I personally feel if we're to adopt the concept of acting locally while thinking globally we have to get to that point where we are to get to a point where do DYOR on our individual local currency index and be able to run permutations in comparison to the BTC prices then know the amount of BTC to buy like in my country in the election season the our currency slips against the dollar if the price of BTC gains I chill and when it drops a bit then I stock up more BTC as I believe we're still in the bear market.
I think there are more money printed during the election season to fund the politicians so the rate of local currency is actually smaller than usual but there must be other times when the rates of our local currency is higher and when this happens, you should hurry up. Take advantage of it and buy more Bitcoins even though the price of BTC isn't totally small because I think happenings like that are rare to occur.

Stocking BTC can be done at any times and not only during a bear market if you are into long term investing. This helps a lot to strengthen the value of BTC. By the way the strategy that is been used during this process is called DCA if you didn't know it yet.

.
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