How would BTC ve further influence over the Fiats if we ain't safe with the bank

[Dunamisx]

So how can it be possible for BTC to ascertain this great height of advancement?

Because of this your previous post you made on this same subject matter, you already have an answer to what you're asking even though you're seems not to be aware of that, bitcoin being a decentralized digital currency alone is what people can use to win over the use of fiat and there's nothing the government can do about it.

Now, the governments are in charge of the banks and other centralized monetary systems in a centralized networks while BTC and the cryptocurrencies are decentralized networking system of transactions which obviously the governments has no place of power on it.

Or should we just scrap that thought that BTC would take over the world in a global financial transactions trends and just say BTC would gets to its limits of authorized existence somedays in the future?

I don't understand if you're exercising doubt here or fear about bitcoin existence, we are already on the fourteenth year of existence and adoption with bitcoin now, government could not stop it, not anymore, just know this that bitcoin has come to remain ever valuable digital currency.

[Z-tight]

and Ethereum cannot be considered central, but rather distributed, and therefore most of the tokens are built on the Ethereum blockchain.

Ethereum is centralized, a coin that a large number of it was premined is surely centralized, pos which is the current consensus mechanism run on the Ethereum blockchain also favors centralization.

if Bitcoin should eventually takeover then it value would have such valuable influence again because the tussles of its increase on massive adoptions would be depreciated.

I am having a hard time understanding what you are saying, but there is no 'if' in this, BTC was never created to replace fiat and its financial system, it is not going to happen. People would use BTC if they want a censorship resistant and permissionless currency, but sadly not many people care about being in control of their money.

[Natsuu]

Well yeah getting BTC to go global is tricky. Governments usually control money stuff and BTC operates outside their rulebook with its decentralized vibe. Finding the sweet spot between letting BTC be innovative and dealing with concerns like crime and taxes is the key. It's like a dance between tech enthusiasts, regulators and the money world. How well they groove together will decide if BTC becomes a global currency or just hangs out on the fringes

[Negotiation]

I don't think bitcoin can replace fiat. Cryptocurrency refers to a digital asset created to act as a medium of exchange, where individual records of currency ownership are stored on the blockchain. Bitcoin is operated by a decentralized organization as opposed to official fiat currency. There is no physical bitcoin and it is not issued or backed by any bank or government. It can also be accepted as a means of payment for goods or services sold. One of the main reasons for bitcoin's growth and popularity is its decentralization.

[Hamza2424]

Haha, so many references to the old posts and I cant go through every post on the thread, anyway on the concept of this topic I would say, Bitcoin was meant to be a payment mode and it is still a good payment mode still offers the highest transparency, decentralization dn on the same time the powerful and secure systems but with these provision of a network how come we can consider to be cheap every time as well.

TBH Bitcoin network congestion is a mass problem for many of the P2P traders, and they don't consider Bitcoin as an efficient mode for payment due to obviously high fee but I wonder why they don't consider the incentives they are enjoying with Bitcoin network, "You can get everything in free" you need to pay for the best and its not like that you are over paying everytime most of the times Network fees ramins low, even if it goes people should consider it while transecting millions because no other payment mode is as reliable as others, but for a common perspective a cheap network is beastg they are even willing to risk their assets so compleltly domianting the fiat space in payment for  bitcoin it requires a decent time and developments until or unless people don't accept it with the incentives and cost Bitcoin is not gonna be a universal payment mode.

[yazher]

It's impossible for Bitcoin to replace fiat, world Banks can not control crypto currencies because it's not owned to them, the fluctuation of Bitcoin price makes it difficult for fiat to takeover. Bitcoin is decentralized, it's trade p2p and fiat banks can't get a chance to manipulate it. Bitcoin is a store of value not like fiat currency. When economy is bad the currency reduces it's value but when you hold Bitcoin it adds more values to it, when people sell their Bitcoin values decrease and it makes more sense when you hold your bitcoin.

What we can do with bitcoins today is use them as one of our ways to keep our money securely without any involvement of banks or any other financial sectors where we are the only ones who are capable of withdrawing from it and preventing others from controlling our funds. This is the best thing you could do with bitcoins today and the investment opportunity gives us even more excitement and encouragement to buy bitcoins because of the stories that we heard from others when they bought bitcoins at low prices and now they are still living with the money they gained from their bitcoin investments.