Can Bitcoin Thrive??

[Zigabel]

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

May attention is most drawn to the part where you mentioned it working in their favour, Bitcoin doesn't work for or against anyone, it is very important you take note of that, it mostly puts out opportunities for everyone to use and be profitable, I can also say that if Bitcoin will work fir or against you, it is mostly determined by you and not Bitcoin it self, it could be that is the understanding the US government got and decided to create a Reserve on it, and has other countries, so Bitcoin is just an independent entity that you can explore to the best of your advantage if you have the proper knowledge on how to follow through with Bitcoin.

Normally everyone will develop that quest for control at a point in time, for a digital asset as innovative as this, they would want to see how possible they could gain control over it because if they do, it will add more magnitude to their economic strengths that they can wheel at any time, personally I will advise you bother less on all of that and bother more on how you can get Bitcoin in your own advantage.

[Promocodeudo]

History should teach you that Bitcoin is already thriving, check the price it was when Satoshi created it and compare it to now then you'll see how valuable it has become. So yes, Bitcoin is thriving and has the potential of doing better than this. Bitcoin would reward those who hold it for lomg as the value increases which is why those who believe in it should prioritise long-term holding cause Bitcoin would still get better than this in the future.

When I saw this thread I laugh because I understand where it was headed to, this question has be answered with another question like is Bitcoin not thriving, if we can remember the price of bitcoin in the last 10 years, such question will not be raised, an asset that rose from form as low as what it was then to $100k+ drop a bit and upsurge again before it's current price, I don't think anyone can conveniently say that Bitcoin isn't thriving, if I may ask, has Bitcoin drop to the level that people will say we don't know what to do again, and even though it does tomorrow, people will definitely premise on the records that be to buy very large, I agree with you that long term is the goals nothing more than that.

[tygeade]

Just because fiat exists doesn't mean that we are going to see it win over bitcoin and governments look like they just simply do not care. They know that bitcoin will not replace fiat and that is why they do what they do and I think it's clear that we are going to see bitcoin be allowed everywhere because we have seen it be allowed everywhere so far, so why change their opinion of it suddenly.

Have we lived in a world where governments hate centralization so far? Why would they let it be so far but change later? I am not sure that we could get any inside information on this because we may assume something on this and we are not in a position to know the exact stand of governments on this, right?

[fikrett]

Just because fiat exists doesn't mean that we are going to see it win over bitcoin and governments look like they just simply do not care. They know that bitcoin will not replace fiat and that is why they do what they do and I think it's clear that we are going to see bitcoin be allowed everywhere because we have seen it be allowed everywhere so far, so why change their opinion of it suddenly.

Have we lived in a world where governments hate centralization so far? Why would they let it be so far but change later? I am not sure that we could get any inside information on this because we may assume something on this and we are not in a position to know the exact stand of governments on this, right?

Govs just set up mechanisms to regulate and monetize BTC and crypto overall - if it's on their watch, it's 'kay to do It always is this way..

[purple_sparkles]

Just because fiat exists doesn't mean that we are going to see it win over bitcoin and governments look like they just simply do not care. They know that bitcoin will not replace fiat and that is why they do what they do and I think it's clear that we are going to see bitcoin be allowed everywhere because we have seen it be allowed everywhere so far, so why change their opinion of it suddenly.

Have we lived in a world where governments hate centralization so far? Why would they let it be so far but change later? I am not sure that we could get any inside information on this because we may assume something on this and we are not in a position to know the exact stand of governments on this, right?

Govs just set up mechanisms to regulate and monetize BTC and crypto overall - if it's on their watch, it's 'kay to do It always is this way..

Considering that the governments of many countries are deeply entangled in corruption, bitcoin can actually be a very convenient and beneficial asset for them, since it allows them to hide illegally obtained funds. That’s why I think it’s unlikely they will try to block it in any serious way. As for regulation, they use various mechanisms to control the population and their finances, but they avoid passing laws that would interfere with their own schemes and manipulations. When it comes to fiat money, I see a trend where countries are trying to shift toward digital currencies while gradually moving away from cash. I honestly wouldn’t want that to happen, because it could lead to global control, and it is definitely not better for each individual person.

[betswift]

Considering that the governments of many countries are deeply entangled in corruption, bitcoin can actually be a very convenient and beneficial asset for them, since it allows them to hide illegally obtained funds. That’s why I think it’s unlikely they will try to block it in any serious way. As for regulation, they use various mechanisms to control the population and their finances, but they avoid passing laws that would interfere with their own schemes and manipulations. When it comes to fiat money, I see a trend where countries are trying to shift toward digital currencies while gradually moving away from cash. I honestly wouldn’t want that to happen, because it could lead to global control, and it is definitely not better for each individual person.

Bad for the people, good for the ones being on top of them.. I agree with you, yet, there is not much we can do about it.

What we can apply is distancing from such entities and not to use our coins on their turf, where they can dictate you something and toward your custody too...