I notice when i explain "what is bitcoin and how bitcoin will become the huge payment system" to my wife(who didnt know anything about bitcoin). Then she states something that i want to share. Its from newbie in cryptos yet experienced in bank economic.
Do you think bitcoin wont be accepted with so many zeros in BTC or satoshi unit? For the price to be used in daily payment. BTC is so complicated to understand widely. Think this with a point of very low degree of education.
I think we need to invent something more stupid-free in btc currency unit.
Kindly share your thoughts. 😊
In my own opinion. There is a point about it's so complicated to understand widely because bitcoin is really broad. Some countries Government are afraid to accept bitcoin because it can be a cause of cyber illegal activities which is they want to avoid. And as of now, I think some Governments wants a centralized to monitor and have a assurance that cryptocurrencies can really help their economy which is true.