How influential is crypto worldwide?

[Xampeuu]

More adoption is needed but it’s not compulsory. Bitcoin has gotten quite a large attention however getting more people to know about it wouldn’t be bad. And I do not understand what you mean when you say that it won’t become what it was meant to be. What was it meant to be? How does it getting more adoption hinder it from becoming what it was meant to be? Or have I misunderstood what you said.

I think one of the problems is that many see cryptocurrency as a scam or as something that has no real value and that is an extreme risky asset to have. Every time I talk to my friends about it, they have this misconception, mainly created by the mainstream media and it is hard to change their minds.

It's hard to change their mind because they heard it on the mainstream media and there are still facts which are the mainstream media is saying sometimes. This makes them think that everything that they said are true. I guess there is nothing we can do about them if they won't listen to us because they think we are too small compared to the mainstream media.

Just let them regret later on, when they find out the truth about cryptos because by that time I'm sure that the value of cryptos are already high enough because there are still factors which can lift its price even if the adoption won't grow. One example would be the halving event.

And this is something that more adoption can actually help with. It’s basic to know that the more adoption, the more people are talking about it. And when too many people are talking about something, the truth will always come out somehow. Or let’s assume that countries start accepting Bitcoin, the media will say good things because they’d see it as the government has validated it to be something worth venturing into.

back to human characteristics in general, where when you see successful people you certainly want to imitate them. What I mean by this is that when the bullish season comes, there will be many stories of successful people from cryptocurrency, this will be interesting news for bitcoin adoption, where many people will learn about it and want to be successful like the stories they hear. but this is like a double-edged sword, because there are many stories of people like this actually failing, until they end up reporting fraud on cryptocurrency

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[WillyAp]

back to human characteristics in general, where when you see successful people you certainly want to imitate them.

We get to see some kind of cleaned record fairytale.
How well do you know Elon Musk?

people believe to know and instead of running to church where their beliefs belong, they assume too much.

[tygeade]

back to human characteristics in general, where when you see successful people you certainly want to imitate them. What I mean by this is that when the bullish season comes, there will be many stories of successful people from cryptocurrency, this will be interesting news for bitcoin adoption, where many people will learn about it and want to be successful like the stories they hear. but this is like a double-edged sword, because there are many stories of people like this actually failing, until they end up reporting fraud on cryptocurrency

That is true, but people should be careful about not following that up until the bear season starts. Too many people see that and try to imitate what they see and when we are on the bull run they may actually do it, which makes them feel better and that's understandable, but we are talking about a situation at bull market.

If you see people who made a lot of money during the bull, and you try to imitate it during the bear or start of the bear, then you are going to end up losing a lot of money. This is why you should not be trying to make the same, it is just not going to help you and it is going to end up having terrible reasons for you. I would highly suggest not trying to look at others and try to do the same thing, it is just not that possible.

[Silberman]

back to human characteristics in general, where when you see successful people you certainly want to imitate them. What I mean by this is that when the bullish season comes, there will be many stories of successful people from cryptocurrency, this will be interesting news for bitcoin adoption, where many people will learn about it and want to be successful like the stories they hear. but this is like a double-edged sword, because there are many stories of people like this actually failing, until they end up reporting fraud on cryptocurrency

That is true, but people should be careful about not following that up until the bear season starts. Too many people see that and try to imitate what they see and when we are on the bull run they may actually do it, which makes them feel better and that's understandable, but we are talking about a situation at bull market.

If you see people who made a lot of money during the bull, and you try to imitate it during the bear or start of the bear, then you are going to end up losing a lot of money. This is why you should not be trying to make the same, it is just not going to help you and it is going to end up having terrible reasons for you. I would highly suggest not trying to look at others and try to do the same thing, it is just not that possible.

That desire to imitate the results gotten by others is what gets many people in trouble, because by the time they want to do this the market is already at the top or close to the top, so they choose the worst possible moment to try to invest in this market or any market and they accumulate severe losses in a short time span, and once they realize this happened they begin to blame everyone for their losses, when it was their irresponsible behavior that caused them to lose so much money so quickly.

[reagansimms]

Technology has made the world a smaller place and feel more cramped. Technological advances have bombarded people in various countries with too many choices. Let's take an example, Smartphones have become a necessity for every individual to contact and even see people all over the world. Bitcoin has also brought major changes in the financial system, Bitcoin technology is very revolutionary, because it can move finance and other business applications into the technological era.

With Bitcoin you can send money to various parts of the world anytime and anywhere without having to use the services of third parties such as banks or other institutions. As public trust in government continues to decline, Bitcoin which is not tied to any government or political system will likely continue to play a growing role in the global financial system.

[pinggoki]

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.

[NNRR]

If you compare Cryptocurrency with other companies then I will say that Cryptocurrency influencer has progressed at the fastest pace in the world because Cryptocurrency is not very old, it is 14 years old which is familiar to people but the other companies that you have given are very old Cryptocurrency is still new to many people.  So when this cryptocurrency gets old, you can see that its influencer has become much more than other companies.

[Natsuu]

Technology has made the world a smaller place and feel more cramped. Technological advances have bombarded people in various countries with too many choices. Let's take an example, Smartphones have become a necessity for every individual to contact and even see people all over the world. Bitcoin has also brought major changes in the financial system, Bitcoin technology is very revolutionary, because it can move finance and other business applications into the technological era.

With Bitcoin you can send money to various parts of the world anytime and anywhere without having to use the services of third parties such as banks or other institutions. As public trust in government continues to decline, Bitcoin which is not tied to any government or political system will likely continue to play a growing role in the global financial system.

Right? Tech stuff has really shrunk the world, giving us tons of choices. Smartphones make chatting with people worldwide a breeze, and Bitcoin it's like money without the middleman because no banks needed. We just all need to do our research to expand our knowledge as to what kore it can offer.

[WillyAp]

If you compare Cryptocurrency with other companies then I will say that Cryptocurrency influencer has progressed at the fastest pace in the world because Cryptocurrency is not very old, it is 14 years old which is familiar to people but the other companies that you have given are very old Cryptocurrency is still new to many people.  So when this cryptocurrency gets old, you can see that its influencer has become much more than other companies.

14 Years in IT is quite old.
The cryptospace is much smaller than most people think.
Its more like a wake up call.

[YOSHIE]

I wonder how large is the financial product Crypto as a whole.

Crypto is currently growing rapidly throughout the world, the economy generated from trading, investment in the crypto market shows the highest level compared to other investment products, Crypto has become a real choice for people around the world now, this happens in all aspects of the world.

As I've read, impact Impact of Cryptocurrency on Global Economy and Its Influence..., This shows that the percentage of crypto's seriousness towards the world has the highest level, felt since 2017, this shows that crypto is the best product that the world currently has.

Bitcoin is valuable because it has all the important properties of fiat money: acceptability, divisibility, durability, fungibility (fungibility), portability, and scarcity.

[mirakal]

While crypto gets highly influential to people, a lot of scammers on the side are also taking the advantage to deceive people and use crypto as their tool of scamming, and here comes the innocent people with high greed to earn an income, eventually they bite the scammers strategy without having DYOR and studying the consequences of their decisions.

There’s no stopping crypto anymore as it’s now staying for good, and with promotion and the growing usage of crypto all over the universe, crypto will become mainstream few years from now and we will see bitcoin working hand in hand with fiat, that is when the government has completely accepted crypto as a reliable currency.

[slapper]

Technology has made the world a smaller place and feel more cramped. Technological advances have bombarded people in various countries with too many choices. Let's take an example, Smartphones have become a necessity for every individual to contact and even see people all over the world. Bitcoin has also brought major changes in the financial system, Bitcoin technology is very revolutionary, because it can move finance and other business applications into the technological era.

With Bitcoin you can send money to various parts of the world anytime and anywhere without having to use the services of third parties such as banks or other institutions. As public trust in government continues to decline, Bitcoin which is not tied to any government or political system will likely continue to play a growing role in the global financial system.

Smartphones have transformed global communication with a tap. Bitcoin, the digital herald of finance, is changing economic engagement. The money represents financial democratization. Bitcoin empowers individuals by bypassing established banking systems, providing a financial lifeline without geographical or governmental limits

We must admit that power brings responsibility. Bitcoin's independence from government scrutiny is its greatest asset and challenge. Users must be tech-savvy and responsible. Do not worry! Progress empowers people financially. Bitcoin represents financial independence in a world when faith in established institutions is eroding

[WillyAp]

Smartphones have transformed global communication with a tap. Bitcoin, the digital herald of finance, is changing economic engagement.

hahahaha
Hilarious the ingenuity, 40% of smartphone users (number drawn out my cap) cannot set up their Smartphone or save money for that matter,

Smart Phones have done something to humanity, made it dumber than 50 Years ago. 70 Years ago people were taught (in Car manuals) how to adjust valves, 2020 they were advised not to drink battery fluids.

[Smartvirus]

Another thing to put into perspective is that many of those.conoanies are over sixty years old now and Bitcoin which is the oldest cryptocurrency is 14 years.

Comparing both industries with very different launch times does not give any accurate suggestions.

That’s just how biased the parameter to the statistics is based. It’s capped at the price of what’s it’s done without taking cognizance of the time it has taken to archive those life long prices.

In the shortest time, crypto have done just what could have been deemed impossible under normal circumstances and that’s why, most of those gigs from the traditional means of running a business doesn’t see it for an investment that would persist and stand the test of time. Many look at it like an inflated balloon that is bound to burst some day.

Still, crypto has pushed for a lot of development and a shift for better in finance of recent times.

[ancafe]

Another thing to put into perspective is that many of those.conoanies are over sixty years old now and Bitcoin which is the oldest cryptocurrency is 14 years.

Comparing both industries with very different launch times does not give any accurate suggestions.

This is already in the quite old category and at the age of sixty most people are no longer productive because talking about health is quite disturbed and not as normal as usual. If you look at the development of bitcoin, it's probably only been 14 years and if we go back, their age at that time was 46, so a person's level of productivity is above the age of 35 to 46. It's interesting to see what the initial process was with purchasing the bitcoin they bought and I don't think it's completely owned by the individual because it could be that the company owner tries to buy and keep it.

As time goes by this has changed where previously bitcoin had no value when it was launched, today bitcoin is one of the best in the cryptocurrency industry. I agree with you that comparing the industry at launch versus over time will be quite different. Because the process will definitely reveal new stories and every day we see adoption continuing to occur everywhere.

[Wakate]

Another thing to put into perspective is that many of those.conoanies are over sixty years old now and Bitcoin which is the oldest cryptocurrency is 14 years.

Comparing both industries with very different launch times does not give any accurate suggestions.

That’s just how biased the parameter to the statistics is based. It’s capped at the price of what’s it’s done without taking cognizance of the time it has taken to archive those life long prices.

In the shortest time, crypto have done just what could have been deemed impossible under normal circumstances and that’s why, most of those gigs from the traditional means of running a business doesn’t see it for an investment that would persist and stand the test of time. Many look at it like an inflated balloon that is bound to burst some day.

Still, crypto has pushed for a lot of development and a shift for better in finance of recent times.

Cryptocurrency is very popular and it has our performed so stocks that had been on existence for a very long time. Maybe in few years coming, cryptocurrency might be valued more that 3 trillion dollars by the time the price of Bitcoin reaches $200k.

No one should underestimate the crypto market currently because the market is going becoming bigger and bigger day by day looking at how things are going currently. There was a time when the price of Bitcoin was $1, it went far as $7 and before we know it the price starts skyrocketing to what it is now. We should be prepared for the bull always because some persons are going to ask themselves questions why they never took investing very seriously.

[WillyAp]

Cryptocurrency is very popular and it has our performed so stocks that had been on existence for a very long time.

Popular it might be, but very popular would mean it's a mainstream asset, which is it not, what we have seen is a derivative at best.
Too many people believe Crypto is synonymous to trading, which is wrong. 

[red4slash]

Actually I quite agree with what Upgrade00 said in this case because after all if we really want about comparison then when crypto is compared to what you put in the list where some large companies are already very prosperous it is a ridiculous situation and cannot be used as a reference and this also will not make an answer to how influential Crypto is today because we know that something like this if you look at the data provided then of course this could be valid and it could be possible that its validity is questioned.
However, it's all about perspective and when you consider that a decade-old bitcoin is already getting 10 per cent of a 2 century old Chevron, isn't that a good start?

[erep]

Actually I quite agree with what Upgrade00 said in this case because after all if we really want about comparison then when crypto is compared to what you put in the list where some large companies are already very prosperous it is a ridiculous situation and cannot be used as a reference and this also will not make an answer to how influential Crypto is today because we know that something like this if you look at the data provided then of course this could be valid and it could be possible that its validity is questioned.
However, it's all about perspective and when you consider that a decade-old bitcoin is already getting 10 per cent of a 2 century old Chevron, isn't that a good start?

You are right, crypto cannot be compared with some of these companies because the crypto market is 14 years old but those companies have been operating for decades, but think that bitcoin has grown significantly compared to some of those companies listed, but if you compare perspective from market cap then bitcoin has listed no 3 in that list of companies and however bitcoin's growth achievements have received recognition from several world company CEOs, so there is no need to argue the idea of comparing bitcoin and world companies because there are too many differences in both types, but I am sure every CEO has unpublished crypto assets

[WillyAp]

However, it's all about perspective and when you consider that a decade-old bitcoin is already getting 10 per cent of a 2 century old Chevron, isn't that a good start?

Certainly is, no doubt, Realism does not deny deeds. Only Absolutism denies those. Bitcoin is being accepted as a factor in the ever growing $ monarchies worldwide.

For the common man it's again too late to get a meaning full bag of sats. The times where sats were distributed in a meaningful amount are over.