Hi everyone
I'm pretty new to all of this and thinking about buying some bitcoin.
I have some concerns about the world economy influence on bitcoin.
For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?
do you think Bitcoin is strong enough at this point to be self-sustaining?
thanks for the help
Now is a good time to buy bitcoin for long-term storage. I do not think that the states will be able to come to a common opinion about the crypto-currency. If they ban in one country, in another country they will be allowed. Bitcoin is gaining great strength and it will not be so easy to win.
Bitcoin contributes to those economies which are working or using Bitcoin as a source of economy and getting the benefit from Bitcoin up to great extent and that is why more countries are adopting Bitcoin and using it as a source of investment that make the economy better. Another major assumption has seen and observed by comparing the economy rate of both fiat and Bitcoin but result the most benefit from Bitcoin.