What makes Bitcoin Stronger over time

[CageMabok]

Together all this contribute to it's active resilience and development.

I never thought I'd experience the power of decentralized assets. I mean, I've always used Bitcoin only as a way to preserve and grow my assets. But a few years ago, a friend of mine needed money; she was stuck in a foreign country with no money because the ATMs wouldn't accept her card. So, I contacted an exchange in that country and sent them my crypto, and they, in turn, met with my friend and gave her the money. It bailed her out of a difficult situation. It was a testament to the greatness of crypto, and Bitcoin in particular.

This is because you can exchange Bitcoin for any country's currency, so your friend's predicament was solved. And yes, it does make things easier for anyone in need of money because now there are many exchanges that support Bitcoin trading or exchanging it for their desired currency. There are also other conveniences, such as saving money because there's no need to buy a physical safe. All a Bitcoin holder needs is a personal wallet, which isn't physically very large, or some even use a software wallet.

[Supreme Donvic]

Together all this contribute to it's active resilience and development.

I never thought I'd experience the power of decentralized assets. I mean, I've always used Bitcoin only as a way to preserve and grow my assets. But a few years ago, a friend of mine needed money; she was stuck in a foreign country with no money because the ATMs wouldn't accept her card. So, I contacted an exchange in that country and sent them my crypto, and they, in turn, met with my friend and gave her the money. It bailed her out of a difficult situation. It was a testament to the greatness of crypto, and Bitcoin in particular.

This is one of the reasons why Bitcoin is very good there is no country in this world that you cannot do transaction with Bitcoin, a lot of transactions that happen between people in different countries and a lot of businesses going on right now between people in different countries have been made easy through Bitcoin, I know a lot of people who are into importation and exportation in my country and they are doing transactions through Bitcoin and everything always go smoothly and easy, bitcoin has really made things very easy for people you don't need anyone to give you direction or stress you before you can transfer money to someone anywhere in the world.

[SilverCryptoBullet]

This is one of the reasons why Bitcoin is very good there is no country in this world that you cannot do transaction with Bitcoin, a lot of transactions that happen between people in different countries and a lot of businesses going on right now between people in different countries have been made easy through Bitcoin, I know a lot of people who are into importation and exportation in my country and they are doing transactions through Bitcoin and everything always go smoothly and easy, bitcoin has really made things very easy for people you don't need anyone to give you direction or stress you before you can transfer money to someone anywhere in the world.

Governments can not completely prohibit their citizens to download and use Bitcoin wallets as well as receiving and sending bitcoins with non custodial wallets. Years ago, the UK tried to do that and bitcoin.org used to restrict access to Bitcoin Core download from their website. Eventually no governments can do that successfully as if people can bypass Internet Firewalls, they can use Bitcoin wallets and broadcast transactions if they want.

Bitcoin is usable for all nations, cross borders even with restrictions from governments but surely people must check legality of Bitcoin in their countries.
https://newhedge.io/terminal/bitcoin/legality-map

[Razmirraz]

7. Institutional Interest
If  investment firms,  examples bank's, public companies, support or invest in Bitcoin, it will increase visibility, and trust in the asset of Bitcoin.

The growing interest of institutional investors is making Bitcoin stronger by influx of large-scale capital injections and opening up access to regulated markets such as Bitcoin ETF. The support of major companies like MicroStrategy provides legitimacy and trust that transforms Bitcoin from a speculative asset to a mainstream financial asset.
The influx of funds from institutional companies can create a deeper market, making Bitcoin's price more stable against small-scale buying and selling by retail investors. When a bank or large public company announces that it will soon invest in Bitcoin, it is a positive signal that can attract the interest of other investors and convince the public that Bitcoin is a safe and valuable asset.

[Uhwuchukwu53]

Bitcoin becomes more stronger as result of it risen and fallen , not just risen and fallen but hitting above it initial price prince of all time high whenever it rises,this level of rise always make it stronger as investor confidence are built on the rise no matter it dip or fall it will rise with time, that have created a great awareness wave that keeps people standing with Bitcoin no matter what they are going through believing it will not stand taste of time, falling of Bitcoin is only a threat to those who have lesser knowledge about Bitcoin Bitcoin grow stronger as result of no competitor among the system that have proven more stable in the market like Bitcoin as majority coming into the system is purely pump and dump which most people are considered as scam rather than the reality Bitcoin has shwoned.

[AmoreJaz]

Together all this contribute to it's active resilience and development.

I never thought I'd experience the power of decentralized assets. I mean, I've always used Bitcoin only as a way to preserve and grow my assets. But a few years ago, a friend of mine needed money; she was stuck in a foreign country with no money because the ATMs wouldn't accept her card. So, I contacted an exchange in that country and sent them my crypto, and they, in turn, met with my friend and gave her the money. It bailed her out of a difficult situation. It was a testament to the greatness of crypto, and Bitcoin in particular.

Indeed, there are so many.usage of crypto that has been experienced by a lot of crypto users. As mentioned, it can save them from a terrible situation or in a tight position where you have very limited actions to take. We'll never know when can we use it. And with the solid position of btc in the crypto market, it is like the go-to of most crypto users. Because with other alts, you have no assurance of their existence in the market. Some may disappear without prior warning or would decline without the promise of going up again.

As such, btc still holds the top position for so many reasons -
> popularity
> good liquidity in most exchanges
> no single entity can manipulate this market...

[Franctoshi]

There are a lot of things to list here, and just as you listed quite majorly of them, but if we summarize them, it boils down to three major things that people are looking for in any system, which are:

1. Decentralization
2. Transparency and
3. Security

Any system that can guarantee you these three things will definitely grow stronger over time; it flows like water, and nothing will be able to stop it, and that's exactly what we're witnessing with regards to Bitcoin and its increasingly strong community.

[TheUltraElite]

I know a lot of people who are into importation and exportation in my country and they are doing transactions through Bitcoin and everything always go smoothly and easy, bitcoin has really made things very easy for people you don't need anyone to give you direction or stress you before you can transfer money to someone anywhere in the world.

Import and export through bitcoin as transaction medium? Could you tell us more about it another thread if you get time? My knowledge is limited in this sector and would like to see this as a case report because I am hearing this as first time, I thought I/E needed government records and that in bitcoin does not add up unless you are doing something differently.

All a Bitcoin holder needs is a personal wallet, which isn't physically very large, or some even use a software wallet.

The devices need to be kept secure even if you are not holding a physical safe. Bitcoin thefts are very common from compromised systems and I cannot stress the fact that coins stored on online exchanges and hot wallets are never safe.

[BitBakerr1]

This is one of the reasons why Bitcoin is very good there is no country in this world that you cannot do transaction with Bitcoin, a lot of transactions that happen between people in different countries and a lot of businesses going on right now between people in different countries have been made easy through Bitcoin, I know a lot of people who are into importation and exportation in my country and they are doing transactions through Bitcoin and everything always go smoothly and easy, bitcoin has really made things very easy for people you don't need anyone to give you direction or stress you before you can transfer money to someone anywhere in the world.

Governments can not completely prohibit their citizens to download and use Bitcoin wallets as well as receiving and sending bitcoins with non custodial wallets. Years ago, the UK tried to do that and bitcoin.org used to restrict access to Bitcoin Core download from their website. Eventually no governments can do that successfully as if people can bypass Internet Firewalls, they can use Bitcoin wallets and broadcast transactions if they want.

Bitcoin is usable for all nations, cross borders even with restrictions from governments but surely people must check legality of Bitcoin in their countries.
https://newhedge.io/terminal/bitcoin/legality-map

Any government that wants to make their citizens to stop using bitcoin is just a foolish government, other government are investing in bitcoin and making huge profit from it and you are trying to stop something that won’t cause you harm in any way, Bitcoin is a very good investment people should be allowed to go into freely without any interference from the government.
It is true that no government can actually stop their citizens from using bitcoin or investing in bitcoin, a lot of government have tried but is not working, their was a time the government in my country was seriously against crypto and it was something that affected those into bitcoin investment but they couldn’t stop people we still found a way out.