What makes Bitcoin Stronger over time

[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.

[Bigthraex]

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.

When countries like the United states, El Salvador, and Bhutan have bitcoins accumulated as an asset with financial value. It shows that bitcoin is becoming a huge and strategic part of the global financial system. I also understand why the government of some countries were /are trying to stop it and that is because they can't control or monitor it. Also because they see it as a challenge to the local currency especially in a country like mine where the our Local currency keeps depreciating. Also because of the challenge of tax and the government not being able to regulate bitcoin. They can only try but they cannot ban or stop crypto especially bitcoin because it is here to stay for decades to come.

[Taricoins]

Aside from the various points on what makes Bitcoin stronger overtime by some post and the massive points from the OP is Bitcoins reliability. Since it's uptime in 2009, Bitcoin as been consistent and reliable practically 24hrs/7days without any down time, hacks and that makes it unique because no new crypto currency can overtake and that reliability, causes exponential growth. I think the statement is applicable to Bitcoin, "the older it gets the finer it becomes".

[marrcelo]

The 21 million limit brings some of the main differences from Bitcoin to fiat currencies when governments print money and always over time devalue their currencies and cause infringement by decreasing the purchasing power of the population. On the contrary, Bitcoin values itself as insurance against infringement and state errors.

[Yorubek]

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.

Bitcoin has given people complete freedom and has also created a place for investment while keeping their freedom intact. Many have tried in the past to destroy Bitcoin or stop it but they could not succeed. They were defeated by the powerful network of Bitcoin. The government of a country always wants the key to the country to be in its hands and everything to be under its control but Bitcoin has destroyed their dreams so many governments want to stop the use of Bitcoin but it is never possible for them. People are freely buy, holding or transaction Bitcoin after getting the touch of freedom which is never possible to stop people from. I believe that all the benefits that an investor can get in the future buy Bitcoin with a long-term plan and holding it for a long time can never be obtained in any other asset.

[AgriTrack]

Aside from the various points on what makes Bitcoin stronger overtime by some post and the massive points from the OP is Bitcoins reliability. Since it's uptime in 2009, Bitcoin as been consistent and reliable practically 24hrs/7days without any down time, hacks and that makes it unique because no new crypto currency can overtake and that reliability, causes exponential growth. I think the statement is applicable to Bitcoin, "the older it gets the finer it becomes".

Reliability and network security is undoubtedly one of the major reasons for Bitcoin's success, but we should ask ourselves, did this come over time or was it built that way? The answer is that Bitcoin was built that way by Satoshi himself, so it's not that Bitcoin has become stronger security wise over the years it has been around, but it was created with great security. Whatever changes that has been made or were proposed to be made were all related to issues different than security.

I think what makes Bitcoin stronger over time is the community that keeps getting bigger and bigger. When the community grows, the asset or a project grows with it, especially if the project is generally very strong like Bitcoin, which gains the trust of the community, and that again causes an increment in the community because when there is trust in an asset, those who don't currently use it will also get intrigued, and they would want to use it as well.

[Marvelockg]

Aside from the various points on what makes Bitcoin stronger overtime by some post and the massive points from the OP is Bitcoins reliability. Since it's uptime in 2009, Bitcoin as been consistent and reliable practically 24hrs/7days without any down time, hacks and that makes it unique because no new crypto currency can overtake and that reliability, causes exponential growth. I think the statement is applicable to Bitcoin, "the older it gets the finer it becomes".

This is only possible because of bitcoin decentralisation and the fact that the personality of satoshi still remains an hidden identity and that satoshi has never come up to make any change or modification to what we've known Bitcoin to be about. That In itself is is part of what makes bitcoin to stand out over this period of time and as long as this remains intact and untampered, bitcoin can only get stronger and stronger with time.

People build trust on a system like bitcoin when they see that it basic principle doesn't change with time. If bitcoin changes as a result of the attack it has faced, it would have led to the destruction of all that bitcoin represents.

[Tetu100]

1. Decentralization
Bitcoin moves without an authority from the following
* Government
* Bank's
* Or Company

This is one of the key factor that has built its influence and strength beyond imagination.  However, many people hate it when they are being limited or restricted to some kind of crazy policies that doesn't favour them or their business. But through Bitcoin innovation one can be able to take any financial decisions on their  own without a direct or indirect interference of a third party.  

Furthermore, Bitcoin existence has contributed immensely to our daily financial activities and also placed us more steps ahead in every financial decisions we take.

[citywise2]

In conclusion,  the growth of Bitcoin is helped by the combination of decentralization, security, scarcity, adoption, community support, technological innovation and growing global awareness.
Together all this contribute to it's active resilience and development.

Bitcoin is stronger because of what it represents and because of the fact that the people that are involved in bitcoin are very keen at protecting it from any form of falsehood that emanates from those that don't believe in bitcoin.

Doubters are always ready to paint a wrong narrative about what bitcoin represents and always tries to make it look like bitcoin days are long gone. As they continue in such negative campaigns, the increasing numbers of bitcoin enthusiast stands independent of them and continue to invest and advocate for an increase in bitcoin adoption. Factors like the maximum supply of bitcoin and the decentralised nature of bitcoin are just fixed and continues to validate what bitcoin represents.

You are right, the falsehood and negative campaigns that have followed Bitcoin have been one too many and enough to nail it, but all thanks to the grand and profound work Satoshi laid into Bitcoin before making it public. Then the community support have been something else, though one would expect nothing less from a people that have long been exposed to the ills and drawbacks found in fiat and other monetary systems.

The projection that Bitcoin could reach $250,000.00  in the future can be like a pipe dream for now, but only 16 years ago a programmer - Laszlo  Hanyecz paid 10,000 Bitcoin for two Papa John's pizzas on May 22, 2010. That amount was worth about $41 back then, but it is worth hundreds of millions of dollars today. For as long as Bitcoin remains scarce and valuable, it can only be a matter of time.

[purple_sparkles]

You are right, the falsehood and negative campaigns that have followed Bitcoin have been one too many and enough to nail it, but all thanks to the grand and profound work Satoshi laid into Bitcoin before making it public. Then the community support have been something else, though one would expect nothing less from a people that have long been exposed to the ills and drawbacks found in fiat and other monetary systems.

The projection that Bitcoin could reach $250,000.00  in the future can be like a pipe dream for now, but only 16 years ago a programmer - Laszlo  Hanyecz paid 10,000 Bitcoin for two Papa John's pizzas on May 22, 2010. That amount was worth about $41 back then, but it is worth hundreds of millions of dollars today. For as long as Bitcoin remains scarce and valuable, it can only be a matter of time.

There’s a saying that even bad publicity is still publicity. So all the negative reviews, videos, and provocations are doing their job. Even when someone presents him in a negative light, they are still, so to speak, talking between the lines about his positive sides the very things people are looking for when it comes to protecting their money and privacy. So, those who are looking for the negative aspects will find them, while those who are looking for alternatives to fiat currency will also hear exactly the information they need.