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Author Topic: How influential is crypto worldwide?  (Read 758 times)
el kaka22
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January 21, 2024, 05:53:56 PM
 #101

Depends on the nation a bit, some are a bit more influential, some are not so influential, so you need to talk about the nation. Like for example, can we argue how influential it is at El Salvador? We all know that it's a big deal there, it's unbelievable that they were the ones that got the first legal tender, central Africa has that too now I believe, so there are nations with a lot of influence.

However, some are not so much, like China for example, they like it one day, they ban it the other day, it's not really clear what they think about crypto, we do not really know it full on well. Basically, it changes from nation to nation and I believe that the overall influence of bitcoin is getting bigger and bigger every single day.

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January 22, 2024, 04:35:07 PM
 #102

Depends on the nation a bit, some are a bit more influential, some are not so influential, so you need to talk about the nation. Like for example, can we argue how influential it is at El Salvador?

Yes that is true too.
In the case of San Salvador I think they'd be better off with a faster coin and not as tied to value.
For simple folks a coin losing value is bad, And losing half or 30% is bad i the short run.

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January 22, 2024, 06:54:04 PM
 #103

I feel like it's not as influential as it is right now and seeing that even with I perceived to be a small amount of influence that crypto is still increasing in value by day makes me full of hope that the more people getting into crypto then the more the price will increase and this is probably a start yet and we're not yet at what many thinks is the true peak of crypto so if that doesn't say anything about the potential of crypto then I don't know what others are waiting for.

Cryptocurrency has become a topic of conversation among many people around the world, there are even many people who use it for transactions, even though government regulations in many countries are still gray regarding cryptocurrencies.
Before cryptocurrencies boomed, we never saw many crypto-related businesses popping up such as exchanges and others, this also made me see that cryptocurrencies have really influenced the world economy.
Adoption of cryptocurrencies will not necessarily cause prices to increase because there are many crypto assets being traded, but the adoption of bitcoin can make the popularity of cryptocurrencies increase sharply.



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January 24, 2024, 10:01:43 PM
 #104


Cryptocurrency has become a topic of conversation among many people around the world, there are even many people who use it for transactions, even though government regulations in many countries are still gray regarding cryptocurrencies

Define many if you could.
20, 200. 2000, 20.000.000 or more? 

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January 24, 2024, 10:19:25 PM
 #105

Depends on the nation a bit, some are a bit more influential, some are not so influential, so you need to talk about the nation. Like for example, can we argue how influential it is at El Salvador? We all know that it's a big deal there, it's unbelievable that they were the ones that got the first legal tender, central Africa has that too now I believe, so there are nations with a lot of influence.

However, some are not so much, like China for example, they like it one day, they ban it the other day, it's not really clear what they think about crypto, we do not really know it full on well. Basically, it changes from nation to nation and I believe that the overall influence of bitcoin is getting bigger and bigger every single day.
China is always trying to curb with cryptocurrency so that it does not get to a limit where there would be much citizens dumpling there local currency for Bitcoin. This is also done in many countries although the reasons was not yet know but that must be been past of the reasons. That is one of the reasons why some countries have to ask holders and traders to pay more on tax compared to what people are paying when they are holding local currency. Cryptocurrency is gaining more popularity and soon many would want to invest in Bitcoin because they feel it is the only option to escape poor or start a better investment.

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January 24, 2024, 10:38:00 PM
 #106

Cryptocurrency is gaining more popularity and soon many would want to invest in Bitcoin because they feel it is the only option to escape poor or start a better investment

You can have millions of $ worth on a pendrive.
That beats most other value storages,

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