Post
Topic
Board Bitcoin Discussion
Re: 2020 the year of Bitcoin technology getting accepted by governments
by
AniviaBtc
on 04/02/2020, 08:58:30 UTC
2020 will be the year when more governments are going to be including blockchain in their systems to become more transparent and more reliable in order to offer a better service to their citizens.

Also, BTC will be more popular this year because since 2018 was mentioned a lot if the media, even when they talk in bad way about it, Bitcoin keeps growing, even negative news is good for the network of networks!

So many people are still just knowing bitcoin but can't understand the concept of decentralization yet! they just don't get it! because they have been indoctrinated for decades, and know it is more difficult for them to understand one important word: decentralization!


What's the bottomline?

Blockchain being accepted by governments certainly don't mean that bitcoin will have the same status! Even a lot of countries including China will start their own digital currencies using blockchain. But does that mean, bitcoin will have an impact?

Sure! bitcoin will have an impact, the more people talk and use bitcoin the better future for bitcoin! bitcoin is still in a non-massive adoption yet!


Bottom line is, the more governments use blockchain, the better for btc! BTC is the door of cryptos!


But the problem is, this year is devastated already by many problems from its early start. Health related issues, wars and such. Although the tension between the two countries have somewhat affevted the price of Bitcoin, I do not still think that this year would be a year where more governments would adapt blockchain technology because they would more likely focus on issues such as stated. But it is still early, and assuming is not a bad thing.

Although it's not really happening today, don't be too negative about your thoughts. If you keep on having that mindset, you should stop using bitcoin now. Bitcoin is still developing and it needs more support from us users until it reaches the government. The government have strong power to promote and fully enhance the capability of making the economy good. After the government already adapted the blockchain, many countries will also used the blockchain technology if they see that it really enhanced the economic state of a country. We can't say what will happen next because bitcoin's price is still low compared to 2017.