Global Bitcoin influence.

[Jon pyagbara]

Generally we know Bitcoin is a decentralised digital currency asset that uses block chain technology to support transactions.
Lately I have been making some research trying to know the influence Bitcoin has in our society using the following criterias.

Firstly the economic influence of Bitcoin
 With its feature of decentralisation Bitcoin is taking the world Closer to a single economy, as transactions can be made not minding your citizenship status, users from different countries can actually make transactions without stress, Most global companies now have larger customers or clients globally, Bitcoin makes its possible for easy transactions between them, as Bitcoin can be used to pay for good or services globally,
 Let's also see the political influence of Bitcoin
Politicians has become more interested in Bitcoin and have invested In it massively believing in the full potential of Bitcoin , they didn't stop at just investing, political rallies and campaigns are already experiencing the power of Bitcoin as it is being talked about, promoted just like we saw Donald Trump do some weeks ago in the USA, Bitcoin making its way to political conversations is a sign that Bitcoin bringing the world to one Economy

Lastly Bitcoin has an influence on our individual finances because most persons make profits from Bitcoin thereby using the profit to assist themselves.

[Kelward]

True talk, Satoshi Nakamoto, create Bitcoin, as a decentralized digital currency wey no get barrier, e no belong to any perticular country, na crypto wey give person wey hold am freedom from any centralized authorities like governments, and e de guarantee privacy if you use am as p2p transactions, except for centralized exchanges. Aldo Bitcoin no come to abolish fiat currencies, because different governments no go let am work, because fiat currencies signify di identities of different countries, so as e be for now Bitcoin, na alternative means of transactions wey no get restrictions like fiat currencies.

Before Bitcoin go truly get a global influence na wen im adoption don spread and many people come get wallet addresses like bank accounts, and you go easily enter somewhere buy something and dem go give you dem address and you send them Bitcoin. High transaction fees wey de happen during mempool congestions no go help adoption, and I believe say dis lack of global adoption na im make most people de hodl am as investment asset, some others for trading to make profit.

[EluguHcman]

Having made all that points, let me also say that the major influence Bitcoin may posses in the society is the self custodial of individual assets and the decentralizations that is basically driving the government crazy since they can not take control of it as the fiats.
So every of its holders have faith with their funds stored in the Bitcoin Blockchain while their fates lies on when they have their funds on the fiats.

Another great influence Bitcoin posses in the societies is the fact that holding your Bitcoin is refered to be holding an asset with a potential of making profits.

And due to the fact that it is a decentralized non-custodial Blockchain network, some criminals think it would be a safe place where they can process their illegal activities but not knowing Bitcoin transaction can be traced with the  analytical technology of the ledger in the Bitcoin Blockchain community which could make them vulnerable to be trapped.

Most interesting is that it influences the public and its investors to schedule on setting up goals for their retirement. Definitely it is such flexible and aspirations that one can actually deposit the least affordable amount of fund. And likely, it is a reputable a d reliable digital currency by which your fund is secured.

[Smartvirus]

Politicians has become more interested in Bitcoin and have invested In it massively believing in the full potential of Bitcoin , they didn't stop at just investing, political rallies and campaigns are already experiencing the power of Bitcoin as it is being talked about, promoted just like we saw Donald Trump do some weeks ago in the USA, Bitcoin making its way to political conversations is a sign that Bitcoin bringing the world to one Economy

This na the place way I don see say Bitcoin make sense to some of these politicians, when it comes to political rallies and fund raising to support their political ambition, afterwards, watin we go observe na say, them just forget all about Bitcoin and focus on other issues of the state. Even in the face of rising threat to the technology, them turn away their sight and ears. Them rather okay ignorant than get involved.
When we talk about uni-economy, that kind thing exists at all? I don’t think and e no fit really happen. The world and the nations within would always try to be self sufficient then share resources and use one currency across all nations. This thing na watin don Dey attempted by some closely related states as, na edge to boost trade relations between non member states with exchange value. Na also means of control and all these na watin them fit stand to lose as them no fit properly taxe Bitcoin. The world never Dey ready for that kind upgrade.

[Doan9269]

Bitcoin has a global high reputation and influence, this is what we have known it for and how it also have been made of importance in the financial economy in the whole world because it has the direct application and use for the challenges faced in the way our finances is being handled by the centralized institutions, but bitcoin is a game changer from the way all these were being done.

[CryptopreneurBrainboss]

Lastly Bitcoin has an influence on our individual finances because most persons make profits from Bitcoin thereby using the profit to assist themselves.

There are many digital currency that can be used for those things that you highlighted of Bitcoin having an influence over and the governments would rather give approval to currency they know they can control than Bitcoin that nobody has a control over. Bitcoin never too get political influence or economic influence since Bitcoin dominance for world economic never too strong like that and e go take sometime before Bitcoin fit establish himself in world dominance. I no dey talk say e no go happen but e go take small time and make we no dey expect anything serious soon. Where Bitcoin get more influence na for individual finance because Bitcoin na decentralized currency.

Bitcoin being a decentralized currency focus it's benefits on individuals and another body put hand inside Bitcoin dey get another mentality altogether, you no go become a spender anymore instead na a saver wey you go dey become and your financial life go get an upgrade wey be say you go come dey see money more and be able to achieve other things in your life wey money fit do. Na our personal finance na were Bitcoin get force pass and na wetin the government no want because e dey empower us and the governments no want us to get control of our life but make dem be the ones to detect wetin we fit do or no fit do because they're controlling our finances.

[Cryptoprincess101]

With its feature of decentralisation Bitcoin is taking the world Closer to a single economy

Basically Bitcoin will monopolize the world economy in the sense that everyone across the globe can actually transact with each other without having to exchange it unlike Fiat that every country currency varies from one another and some countries feels superior than the other in the sense that their currency have more value but with Bitcoin no one or country will feel superior over another and it will make monetization easy for everyone. The only difference is only that some will acquire it more than others which is normal because there is no way all fingers can be equal.

[DubemIfedigbo001]

Bitcoin being a decentralized currency focus it's benefits on individuals and another body put hand inside Bitcoin dey get another mentality altogether, you no go become a spender anymore instead na a saver wey you go dey become and your financial life go get an upgrade wey be say you go come dey see money more and be able to achieve other things in your life wey money fit do. Na our personal finance na were Bitcoin get force pass and na wetin the government no want because e dey empower us and the governments no want us to get control of our life but make dem be the ones to detect wetin we fit do or no fit do because they're controlling our finances.

True true, bitcoin dey operate wella for individual level pass government level, reason being that as you talk am government dey like wetin them fit control with their plenty policies, come dey tax am as they want. The day them go centralize bitcoin, only that day you go see governments wey go dey beg make them fit adopt bitcoin for their country. The truth be say all of them leaders know very well the striking potential wey bitcoin get, and naim make them they fear am.

Sadly, bitcoin would never be centralized, and the fights with government no go end soon, but we dey optimistic say them go accept defeat one day and pave way for the future of money. That one go take time to happen, but all of us know say good thing dey take time to manifest, but delay no be denial, so we keep the aluta spirit alive.

[Josefjix]

Bitcoin has a global high reputation and influence, this is what we have known it for and how it also have been made of importance in the financial economy in the whole world because it has the direct application and use for the challenges faced in the way our finances is being handled by the centralized institutions, but bitcoin is a game changer from the way all these were being done.

The project influences everything in the market, we totally understood this prospective sector of the market. The space is made up of different projects and we've stood our ground to become one of the possible techniques to earned ourselves enormous profits from the proper utilization of bitcoin project. Bitcoin have impacts on the basic necessities and its quite improving in key areas. We should stay still and become promising towards our projects. Bitcoin beats every competitor in the space because it's the first crypto projects to exits and builds matket cap for its significant growth.

[Cryptomultiplier]

...Lastly Bitcoin has an influence on our individual finances because most persons make profits from Bitcoin thereby using the profit to assist themselves.

Am just going to hint on this last point, because I believe that the profit or should I say returns that many has made from either trading or HoDling and liquidating their Bitcoin assets, to the wonder of many around, is one very good reason why Bitcoin influence has grown globally.

Even with the cases ongoing where be it the government is trying to regulate BTC, also with the government freezing accounts of unknown accounts with supposed cryptocurrencies being behind it, also with exchanges being limited from trading NGR P2P, also with some major and minor countries and regions adopting it for both payments of their taxes as well as for payments after concluding transactions, it has done nothing more than make BTC more known by anyone in the world and who has a cable network or has an access, no matter how minimal, to the internet.

[Uhwuchukwu53]

With its feature of decentralisation Bitcoin is taking the world Closer to a single economy

Basically Bitcoin will monopolize the world economy in the sense that everyone across the globe can actually transact with each other without having to exchange it unlike Fiat that every country currency varies from one another and some countries feels superior than the other in the sense that their currency have more value but with Bitcoin no one or country will feel superior over another and it will make monetization easy for everyone. The only difference is only that some will acquire it more than others which is normal because there is no way all fingers can be equal.

That is true this must come through a time is coming when it will become reality and ass all protocol opposing this dream will be roll out. No matter what how human clamour for equality it can never be realized because as human in pursuit of money we run on different paste this is where the difference will occur what Mr. A show interest at the beginning B may not because of this also can course a difference.

[Asiska02]

The global adoption, influence and usage of bitcoin cannot be overemphasised checking from how far it has come since its invention. One thing still stands out about it, the decentralization nature of it is different to none and cannot be tempered with. The governments, just like how politics have now taken part in its adoption can only bring measures to be taken to use those bitcoins, they attempted to centralise it but all to no avail and the best they could do is to put some tax and restrictions to those using it. This will be the best they can do to control the use of bitcoin but changing the main consensus on which it was designed can never be tempered with and they can only go with the flow of bitcoin and embrace it like other individuals and companies have over the years.

[Mate2237]

All your points are correct but there are some areas wey bitcoin have leakages which na di place wey you talk say na bitcoin can be use to buy things and pay for other services. My man na di real reason of creating bitcoin be dat and na dat one bring di p2p transaction wey Satoshi Nakamoto tok for him whitepaper but dat particular aspect wey bi di konkon for creating bitcoin e no dey again. According TSC, him no dey see that part bitcoin again and if American person wey dey here in di forum dey tok say him no dey see am again then which country we think say dey use buy something. Is it El Salvador? Me particular I never see anyone use bitcoin to buy something or services. But everyone now dey interested only in investment. And you know why people no dey use bitcoin to buy things because.of the transaction fee. Because if you use fat to buy something you no dey pay fee and it is free.

And di politics, time is coming that bitcoin will definitely be in the political campaign manifestos because they will use that one to attract the Youth to support them massively and if any candidate use bitcoin to campaign definitely the youth go vote for that person. Even last general election, when di dispute started, Someone made mentioned of Blockchain to store data. Let's see weti go happen for US election how Trump go be with di bitcoin as a blueprint.