Can Bitcoin Thrive??

[CryptoDracoo]

Concerning adoption, although lots of individuals, governments and businesses are yet to adopt it but there's a progress from what it used to be like in the early days, lots more people are beginning to see the potential it has as an asset and are seizing the opportunity to own infaxt there's more awareness than before so yes Bitcoin is thriving as the years goes by.

I think the adoption is beyond what we can call individuals, we have 3 to 4 countries that has adopted Bitcoin and allow it as legal tender, although the countries are not large in population but that's a win if you consider it as an adoption. We also have coperate companies and organization that are holding Bitcoin as there reserve in billions, this is how big adoption of Bitcoin has been and maintained its true decentralization without anyones interest in it.

Recently their has been some geopolitical interest in Bitcoin especially from the United States, the president is a Bitcoin guy and loves it just that I hate how he talks too much because he doesnt filter his mouth, his actions always comes with a consequences on the market, today he is fighting this country and tomorrow he is doing another one but Bitcoin changes with time, it will fade out and all their interests will not count again.

Yeah When speaking of nations, even though only a small number of them have accepted Bitcoin as a legal tender and they are not that big, it still counts. The adoption must begin somewhere. More than that, the presence of big corporations that have Bitcoin in their reserves speaks volumes. It is not something that companies invest billions of money in without feeling it has a long term value.The only ambivalent emotion I have is concerning politics. Markets respond quickly and irrationally when strong nations or leaders are overly discussing Bitcoin. In the short run it can be irritating and even disastrous. However, in the long run, I believe that Bitcoin does not make it through all that. Governments and politicians rise and fall, the storey changes but the main concept of Bitcoin continues to drive on.

[charrles]

This is a really generic question. But I wanted to Ask that Can Bitcoin really thrive?? Can it thrive in a world where The "Ultimate" powers like a currency which can be Manipulated, taken interest from, which is in their control, but Bitcoin is the opposite of it. So if it doesn't work in "their" interest will they let it thrive in the world?? Won't they show it as bad?? Won't they try to take it in control and Manipulate the price like Trump is Doing. And what steps should we take to stop that from happening.
Let me know what you guys think

Governments and banks have already tried to limit crypto.

But , crypto is so powerful that it has still emerged as clear winner in past few years.

[FortuneFollower]

Governments and banks have already tried to limit crypto.

But , crypto is so powerful that it has still emerged as clear winner in past few years.

It's not like they can't do it even now.

They just see that having it regulated and having taxes from it is more profitable than trying to "outlaw" it.

[Stormisover]

The market has been moving any how lately and it will be unfair to invest in Bitcoin without taking time to read through what's happening in the market. People are still losing money investing in Bitcoin because they can not take their time to learn how to make their investments stand for them. Staying profitable is what everyone is striving for and those that can not make money would have to learn everything they never to do to stay profitable. The market is dipping and it's time to make determine when to buy it relax for awhile.

My question what do you mean by the market moving any how lately? For me there is nothing surprising or strange about the current market, what exactly where you expecting? Is it that the market only have to be going up or what? The market is very much ok the way it is just as it has always been, volatility is a known phenomenon for Bitcoin and so we shouldn't be surprised at a dip, for those losing money investing in Bitcoin it all depends on how they are losing they are losing it may they are selling out of panic but if they have not sold then there is still chances that bitcoin will bounce back, every time is always right to buy and relax..

[Fiasem20]

The market has been moving any how lately and it will be unfair to invest in Bitcoin without taking time to read through what's happening in the market. People are still losing money investing in Bitcoin because they can not take their time to learn how to make their investments stand for them. Staying profitable is what everyone is striving for and those that can not make money would have to learn everything they never to do to stay profitable. The market is dipping and it's time to make determine when to buy it relax for awhile.

My question what do you mean by the market moving any how lately? For me there is nothing surprising or strange about the current market, what exactly where you expecting? Is it that the market only have to be going up or what? The market is very much ok the way it is just as it has always been, volatility is a known phenomenon for Bitcoin and so we shouldn't be surprised at a dip, for those losing money investing in Bitcoin it all depends on how they are losing they are losing it may they are selling out of panic but if they have not sold then there is still chances that bitcoin will bounce back, every time is always right to buy and relax..

Exactly,I couldn’t relate to what @Emeraldo said,because the market price is declining investors should take a pause on their accumulation journey?that’s honestly not ideal for an investor to do.Instead of complaining about the dip why not take advantage of the dip by accumulating more sats in your portfolio.Especially those investors that buy the idea of waiting for the dip,now is the right time to take advantage of the dip they’ve been waiting for.Don’t get it twisted,bitcoin has always been a volatile asset right from the very first day it was created,so build a long term goal and patiently wait for a pump in the future.

[Ziskinberg]

This post is quite the same to the thread asking if the government can stop crypto. The short answer is yes, bitcoin has been and will always thrive in the future. By seeing a huge difference from the time bitcoin has started and now at its present, we can tell that bitcoin has made a huge progress way back then, and it will continue to thrive within the next chapter of its existence.

This proves that bitcoin is unstoppable by the government, and as long as it has no full control over bitcoin, it will never be stopped by the government or any group or entity.

[Jobbe]

we are all happy and celebrating that Bitcoin is thriving and it's surviving attacks from the government. true, but here's the thing.. asking if Bitcoin can thrive despite these oppositions and attacks from the government isn't what we should be asking. rather the question should be: if Bitcoin can still thrive if it's accepted by the government. and to be frank, i don't think it will. here's why;...as we all know, China tried to have Bitcoin banned. and they failed. same thing with the United States. they also tried regulating it. and failed also. so they came with a different approach entirely.
rather than fighting against Bitcoin, the government is are rather 'accepting it'. and this might be more dangerous. because the government might be like..(ok, let's let Bitcoin be. but control how people use and access it". they can make Bitcoin legal, but through exchanges like KYC.
they can also let Bitcoin's price go up, but still making it impossible for people to spend. by making Bitcoin taxable, as properties.

The governments are trying to control Bitcoin by first of all controlling the minor aspects like;

* the governments are now the ones licencing the exchanges.

* they can also ban some certain transactions

* they can block withdrawals, and freeze accounts

* they can also force reporting to tax authorities

my point is.. Bitcoin didn't survive all these oppositions and attacks from the government for 15 years just to be held down by a KYC form. maybe it is assumed that Bitcoin needs an approval from the government to function. but it really doesn't.