Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?
Unfortunately that adoption does not apply in my country, but I think if it is adopted by many people out there it will be better, I think we are all here not only wanting a bitcoin price but also a lot of adoption for bitcoin in the future
The adoption will happen this year and the future, and I am sure people will know about bitcoin. When bitcoin can rise again in this year or the next year, it surely will attract people to search more information related to bitcoin, and if they can find the advantages and disadvantages of bitcoin, perhaps they will decide to join into bitcoin world. Once they can gather so many information about bitcoin, they will know that in the cryptocurrency, it's not the only bitcoin but cryptocurrency have altcoin. So when they already know about bitcoin and altcoin, the process of adoption will begin and more people will come to the cryptocurrency.