Post
Topic
Board Legal
Re: Bitcoin longevity
by
genuin
on 09/08/2018, 04:21:21 UTC
I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos. Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak. Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.
Bitcoin is getting more support in the world. A number of countries decide to accept it as a currency and commodity. As a result, more and more institutions and companies are accepting Bitcoin. Countries that have received Bitcoin include Japan and America. In both countries, the liquidity of Bitcoin is very high because it is used as a currency and traded commodity. Denmark, Finland and South Korea are also countries that accept Bitcoin. That's what makes bitcoin very popular with the public