Post
Topic
Board Bitcoin Discussion
Re: Adoption or Regulations why way is better for bitcoin ?
by
wxa7115
on 19/08/2018, 19:43:03 UTC
There has been so much FUD/FOMO lately about the bitcoin ETF proposals, debates on its merits and demerits,  it makes me wonder. What is actually better for bitcoin, Is it some form of government regulations like ETF approvals or Gradual mass adoption of cryptos in general?  What's your take?
If the recent events are showing us anything is that bitcoin is not going to be adopted massively in either of the two options that you are giving, personally I think that bitcoin is going to be adopted once it becomes a necessity, many people do not see the necessity of something like bitcoin, they simply do not understand it, but in countries like Argentina, Venezuela and Zimbabwe they understand very well why they need bitcoin.

And once a serious crisis strikes the world, one from which it is impossible to maintain the current status quo people will begin to look for answers to what it is happening and what to do to protect themselves, many will choose gold as they have done for centuries but there will be many that will choose bitcoin instead.