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Author Topic: Bitcoin as a more pronounced and researched Cryptocurrency.  (Read 213 times)
Promocodeudo (OP)
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May 04, 2023, 07:53:40 PM
 #1

The human race has developed both mentally and otherwise to the extent of making versed research in getting more detailed information about the recent happenings in crypto more expecially Bitcoin and it's possible total adoption, this has over the time help both beginners and old folks in Bitcoin world to know it's benefits and also the right targetted period to invest in it and also the need to promote it as one of the most profit expectant Cryptocurrency.

this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.

Always bitcoin.

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The Cryptovator
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May 04, 2023, 08:02:46 PM
 #2

The world is rapidly transitioning towards digitalization, and Bitcoin's popularity has grown rapidly as it is a digital cryptocurrency. To address current economic and financial issues, there is a need to increase awareness of how Bitcoin can solve these problems. Despite the decentralization aspect of Bitcoin, which many organizations dislike, they cannot overlook the potential of Bitcoin's future. I anticipate that gradually more governments will allow Bitcoin, even if they do not accept it as legal tender, as failing to keep up with technological progress would leave us outdated.

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May 04, 2023, 08:07:08 PM
 #3

Definitely it is the currency of the future and with the stereotypes spread around it and how it has come all these years it certainly going to grow in numbers. Do I think there will be total or global adoption of it, I would say No because they are certain things that could limit it. The fact there are people who can’t even use the internet is proof that this faction or group aren’t moving towards it.
As the fiat system or government policies continue to dampen people’s hope from saving into bank, more people will seek out the opportunity of having a total financial freedom and that is where bitcoin plays its role.


this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.

Will bitcoin also become a legal tender? Yes more countries will certainly given to accept it as legal tender, most especially the less developed countries with weak currencies against the top currencies. As this is a way for them to be a pair interms of international transactions and to save them from their devaluing currency.

As for the top countries with strong currencies they certainly feel it is a threat to their currency but bitcoin isn’t here to replace any currency but rather to act as an alternative to those fiat currencies.

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May 04, 2023, 08:20:45 PM
 #4

One thing constant in life is change -  I believe most of us have heard this saying over a millions times in our lifetime.
The world is growing rapidly and advancing in technology, if we look around us, we will discover that there is a reset happening in the world, most especially in our financial sector, I dont know about others, but for me personally, I don't need anybody to tell me anything, before I believe that bitcoin is the currency for future, and it doesn't have to be a legal tender before anyone can accept it, bitcoin is not a legal tender in my country, Infact, the central bank in conjunction with the federal government have orders every trade that has to do with Bitcoin and crypto be banned, but even with strict rules, I know alot of business people over here who accept bitcoin payment  for their goods and services...

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May 04, 2023, 08:27:48 PM
 #5

People are looking for ways to detach themselves from government manipulation, some people had enough of this government intrusion on their financial aspects and many of them just wants the freedom to transfer their funds without the fear of the government confiscating their money.  This is one of the reason why many people are looking to use Bitcoin.  Because of its decentralized nature, people's wealth when converted to Bitcoin will gain financial independence from the manipulative grasp of the government.

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May 04, 2023, 08:59:59 PM
 #6

You know, there is a lot of information for beginners in the crypto space. We are even in a more digitalized now than before because technology is always coming up that is making us get any information we need. Only those who are too lazy to read up can get the limited or wrong information they need about cryptocurrency. Bitcoin has for sure come to stay, based on how I feel. Although no one knows what can happen in the future, there is this saying in my place: "When you want to step out and you notice that the weather is getting cloudy, don't forget your umbrella." So, whoever is investing has to invest wisely.

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May 04, 2023, 09:15:27 PM
 #7

information about the recent happenings in crypto more expecially Bitcoin and it's possible total adoption, this has over the time help both beginners and old folks in Bitcoin world to know it's benefits and also the right targetted period to invest in it and also the need to promote it as one of the most profit expectant Cryptocurrency.

Nobody will know about the current situation of things around the world most especially the digital network and yet choose something else other than bitcoin even in cryptocurrency, there are many opportunities that have come through the introduction of bitcoin to the entire world abd the financial economy has got a new turn for better with bitcoin adoption both to individuals and collective institutions.

this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.

Bitcoin is already a legal tender in two countries, El-Savador and Central African Republic namely, it's a digital currency acceptable everywhere for exchange of goods and services, payments and units of an account justas we've been used to the traditional currency USD, bitcoin has come to stay.


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May 04, 2023, 09:44:21 PM
 #8

And when you're going to ask someone who's not yet in Crypto and probably heard of it, the first answer is going to be Bitcoin. It's like Crypto = Bitcoin and not a various set of altcoins.

this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.

Always bitcoin.
It is here to stay but to think of it as the currency of the future, we're not yet set with that or probably have accepted that fact that it's just going to be the same alternative just as what others are thinking. But it's true that it will be accepted no matter what and it doesn't have to be a legal tender for it to get accepted. As long as the state doesn't have a thing or two to say about it and no law will stop its usage, that's more than enough.

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May 04, 2023, 10:13:48 PM
 #9

The human race has developed both mentally and otherwise to the extent of making versed research in getting more detailed information about the recent happenings in crypto more expecially Bitcoin and it's possible total adoption, this has over the time help both beginners and old folks in Bitcoin world to know it's benefits and also the right targetted period to invest in it and also the need to promote it as one of the most profit expectant Cryptocurrency.
It's been so long. We really understand how Bitcoin can be in its current position. At first it also took a very long time to continue to exist and also struggled to keep up with the times. This is not solely due to luck, but indeed the process that goes through is very heavy. various FUD and bad news are always spread to make Bitcoin's image worse and also a bad specter for some people who may not understand Bitcoin and its uses.

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May 04, 2023, 10:16:57 PM
 #10

I could hope they also researched on how to keep their wallet, accounts, private keys and seed safe, including how to backup it. We maybe in fast phase stages of digitalization but usually people end up getting hacked or scammed because of greediness and being know-nothing how security works. Because owning bitcoin/crypto is being responsible as managing your own bank, if you don't know and doesn't want to do those responsibilities, you would end up lossing your money over time.

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May 04, 2023, 10:17:16 PM
 #11

this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.

Sometimes there are not many options, especially with regard to areas that are supposed to be controlled by governments, banks and major financial institutions. On this basis, people find in encrypted currencies (Bitcoin in particular) a haven that spares them the troubles and crises of the financial system.
For nearly two years, the general demand for cryptocurrencies and trading platforms has increased. And this rise increased even with the crises that the crypto sector went through, such as the collapse of the ftx stock exchange.
I expect an increase in bitcoin searches as part of the fast paced digitization culture.

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May 04, 2023, 10:22:01 PM
 #12

The human race has developed both mentally and otherwise to the extent of making versed research in getting more detailed information about the recent happenings in crypto more expecially Bitcoin and it's possible total adoption, this has over the time help both beginners and old folks in Bitcoin world to know it's benefits and also the right targetted period to invest in it and also the need to promote it as one of the most profit expectant Cryptocurrency.

this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.

Always bitcoin.

Your statement means that the internet is currently rapidly expanding, allowing both the elderly and the young to have access to it.

Correct, the Internet is reaching everyone, so people can learn about Bitcoin, its legality, feasibility, applicability, and make investment decisions in Bitcoin and other cryptocurrencies.

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May 04, 2023, 10:47:24 PM
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 #13

The human race has developed both mentally and otherwise to the extent of making versed research in getting more detailed information about the recent happenings in crypto more expecially Bitcoin and it's possible total adoption, this has over the time help both beginners and old folks in Bitcoin world to know it's benefits and also the right targetted period to invest in it and also the need to promote it as one of the most profit expectant Cryptocurrency.

The world is changing, things are evolving, and eventually, digital currencies will dominate the global financial system. Bitcoin will be used separately with fiat currencies in the near future, just as new technology emerges and the old fades away. I think change is constant and happens gradually, thus the fact that it is not currently recognized as legal tender cannot prevent it from occurring in the future.

Although the process will take some time, I'm confident that bitcoin will eventually be accepted everywhere in the world and recognized as legal tender. Even in remote parts of the world, the availability of internet is steadily increasing, which will assist to maximize its use.

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May 04, 2023, 10:57:50 PM
 #14

It takes a genius mind to understand Bitcoin and its true potential with the inclusion of its futuristic benefits and those that have a genius understanding join the BTC market right from the early stage when some people are thinking otherwise about it. Therefore, Bitcoin is already come to stay ever since it was successfully launched by Satoshi and supported by a lot of dev and enthusiast right from the first year it just most of us who joined years later don't have the genius mind to understand it early.

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May 04, 2023, 11:23:25 PM
 #15

-snip-
Actually, it doesn't have to be genius thinking. Those who join Bitcoin and believe that Bitcoin is the future digital currency that will be profitable are people who initially underestimated Bitcoin, but eventually, they started researching and believing that Bitcoin is the future digital currency.
Decentralized and in limited supply, it will be a currency that will continue to grow and be free from inflation like FIAT.

I, who have known Bitcoin for years and used it, am just an ordinary person who wants to learn and understand about Bitcoin.
Those beginners can also understand Bitcoin and its potential depending on their initial intentions, if they remain confident and continue to learn they will get the benefits.

Bitcoin is the king of all coins in the cryptocurrency ecosystem and will provide great benefits for its long-term holders.

 
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May 04, 2023, 11:24:15 PM
 #16

It takes a genius mind to understand Bitcoin and its true potential with the inclusion of its futuristic benefits and those that have a genius understanding join the BTC market right from the early stage when some people are thinking otherwise about it.
Yeah, and it's not just about being a genius but also being a believer because that makes you a believer when you've to understand the concepts of Bitcoin.

Therefore, Bitcoin is already come to stay ever since it was successfully launched by Satoshi and supported by a lot of dev and enthusiast right from the first year it just most of us who joined years later don't have the genius mind to understand it early.
And it has become stronger for having the best community coming from cypherpunks, to individuals and retailers, and up to the point of having big financial institutions, tech companies, and even countries like CAR and El Salvador.
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May 05, 2023, 02:40:59 AM
 #17

this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.
People can use Bitcoin, store Bitcoin without allowance from their governments. Important conditions are storing bitcoins in their non custodial wallets, and make deals with Peer-to-peer trades, no KYC, no centralized exchanges.

https://kycnot.me/
Reminder: do not keep your money in online accounts

If they use exchange wallet, trade on centralized exchanges, they are no longer safely with their bitcoins as they don't own those coins, exchanges own those coins.

Not your keys, not your coins as is advised in Security checklist

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Vinaa77
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May 05, 2023, 03:31:29 AM
 #18

this informations has change the mind set of many to believe that Bitcoin has come to stay as the currency of the future and have to be accepted despite not being a legal tender.

The development of the world is increasingly developing both in terms of economic knowledge and others, as well as Bitcoin which is currently developing in various places, especially worldwide and has the potential to become one of the future currencies that is quite bright in its time and continues in the next era, it's just that what every Individual needs is their awareness of Bitcoin that is slowly approaching them and it would be nice for them to be involved for the benefit of the economy, but I think Bitcoin will have the potential to get more access and permission from an organization or state government, and that we think will be better.
death69
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May 05, 2023, 06:33:07 AM
 #19

Not sure bout you, but I'm all in for a utopia where Bitcoin reigns supreme. Sayonara, bothersome bucks and euros! Naturally, there's a gaggle of naysayers who brush off Bitcoin as a pie-in-the-sky. "Oh, it's too risky," they say. "Oh, it's not backed by anything real." To them, Well, I say, "you're just not thinking big enough!". But isn't life's spice found in pursuits that challenge us?

As for the skeptics, I'd gladly throw some scholarly papers and profound think pieces their way. It's like disputing unicorn existence – yeah, they might be mythical, but isn't life sweeter with some magic? "Bring on the Bitcoin revolution!" And who knows, we might just chuckle at the late adopters down the road.
ImThour
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May 05, 2023, 06:44:45 AM
 #20

I fail to understand the reason for this topic. New account, a very niche topic, with some utter bullshit in the context?
People are creating new accounts and posting some random shit on this board just to get post counts done.

@hilariousandco go through these posts mate.
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