Now, should we rethink Bitcoin like Insider did?

[abaeze]

The amount of adoption of Bitcoin at present and especially the positive attitude that the American government has towards Bitcoin and to create a connection with the future economy is truly commendable. Although Trump is doing all this not for the sole interest of Bitcoin but because he and his family have invested a huge amount of money in Bitcoin. However, it is currently legal for all traders to buy, sell, and store Bitcoin, and large financial corporate institutions are also adding a large amount of money to Bitcoin. Not only that, but various institutions outside the United States are following them. In addition, governments of various countries around the world, including the United States, such as El Salvador, are offering 0% gain tax on Bitcoin.

On the other hand, a 90 years old Salafi cleric in Saudi Arabia recently issued a fatwa on Bitcoin, stating that Bitcoin is acceptable in Islam. So many Muslim wealth tycoons who previously relied only on oil are also seeing Bitcoin as a positive source and it is estimated that this announcement could bring about $30 Trillion into Bitcoin, which is enough to take it to a new level, surpassing the gold market. Although we know that this will not happen all at once but may happen gradually.

Also, Elon Musk said that "the credit markets have almost completely stopped lending to AI companies", which has led many to think that they will now continue their activities directly with Bitcoin. So, seeing these movements, I think we should also plan anew for Bitcoin, otherwise, like many who regretted "why they did not invest in Bitcoin in 2010-15", they may also have to regret the present time in the future. Interested in your opinion on this movement.

Source : https://x.com/pete_rizzo_/status/2114623229205586372

[BIT-BENDER]

I don't know what plans you are making or the plans you think other Bitcoiners are making but let me tell you there many Bitcoin enthusiast who doesn't need this such of news to focus on Bitcoin.
The decision to be a Bitcoin enthusiast and stick to is made already by serious holders there is no plan to compromise or change that completely.
Although your advice is cool but anyone that makes moves because of news like you just mentioned will actually be moved by FOMO and FUD, for example let's say the news is bad those people you are reaching out to now will fly away once they hear such news. For me as a Bitcoin you need to make your decision not based on news.

[Decimetre]

If anyone still needs all these publications to get more serious with bitcoin then the person is already bound to making mistakes which could perhaps lead to buying out of fear of missing out. Bitcoin is structured in a way to succeed from the beginning and that is what is going. Since the past few years, there has been several additions to the number of adoption of bitcoin globally. In the local settings, there are more discussions about bitcoin among peers which already gives the view of how bright the future could be.

For the last 17 years that bitcoin has survived, it has been drawing more investors after establishing itself as a store of value. I will suggest that anyone investing in bitcoin should not do that with the hope that all these implementations will happen over night and he cash out the next minute. The should be set on a long term and also maintaining the investment within the ambience of the money you can afford to lose. Allowing the media to decide your level of aggressiveness is not good because it leads into FOMO and investing beyond your Discretionary income.

[Marvelockg]

On the other hand, a 90 years old Salafi cleric in Saudi Arabia recently issued a fatwa on Bitcoin, stating that Bitcoin is acceptable in Islam. So many Muslim wealth tycoons who previously relied only on oil are also seeing Bitcoin as a positive source and it is estimated that this announcement could bring about $30 Trillion into Bitcoin, which is enough to take it to a new level, surpassing the gold market. Although we know that this will not happen all at once but may happen gradually.

The last i can remember, no religious group have had a thing against bitcoin probably because it is against their religious believe or stuff. bitcoin is and has always remained a currency that is usable by the different set of people in the world, those that have a reason or reasons why they are not using it are doing so basically for personal reasons.

there are thousands of Christians that are invested in bitcoin and same is the case with the numbers of muslim that are into bitcoin. if you need a cleric to make a statement before you define your stand in bitcoin, it only means you have a long way to go.

[Curious T]

There is some bullshit in this. As much as we all want bitcoin to grow, we need to stop hoping for fantasies. Wealthy families of the Middle East won't bring 30 trillion to Bitcoin. It won't even bring one trillion dollars, so there is no point in taking such reports seriously if they exist.

If truly credit markets are no longer giving credit to AI companies, as Elon Musk claims, don't delude yourself into thinking they will come to bitcoin to get credit. Bitcoin doesn't give credit. You can only get profit by holding, and we are talking long term. In fact, some people believe that it would be bad for Bitcoin if AI companies lose credit. You people need to stop picking different events or situations together to form an analysis of Bitcoin. Yes, it's true that demand for bitcoin will increase in the future, but not at the rate you guys expect and not to the level you expect. Bitcoin is still a long way from getting to Gold's market cap.

[Nathrixxx]

The amount of adoption of Bitcoin at present and especially the positive attitude that the American government has towards Bitcoin and to create a connection with the future economy is truly commendable.

This same US I've been given a warning to people that are investing in Bitcoin to be more careful because of the possible risk in it, they are not stopping anyone from investing both make it well-known that there is a likely possibility to involve any financial loss when considered, this is where United State of America is not investing in Bitcoin rather holding on the confiscated assets from other investors and platforms.

The only traction that happened was when bitcoin sport ETF was adopted by SEC which spark a major reaction will see today that many are also considering for further opportunities with Bitcoin market volatility, yet we still want their full support towards bitcoin adoption at the legal tender if the truly are on our side.