Post
Topic
Board Bitcoin Discussion
Re: The Rise of Bitcoin
by
posi
on 13/08/2020, 11:08:52 UTC
Eventually more adoptions will take place, more business will embrace this system and it will be useful
in most industries around the globe.
I don't know if there is a company who will accept bitcoin especially for payment system only or you have another forms how bitcoin will be adopted? Currently, there are several firm who just use bitcoin as an investment place. As in this article which stated some companies who bought a huge amount bitcoin for investing purpose.

It not about what you and I thought but how each and everyone of us understands the purposes of bitcoin. However, bitcoin can use as an investment, store of value and currency. Just because some companies see bitcoin as an investment purpose doesn't mean there's no company that accept it as payment and we have see some companies that pay wages with crypto.


I suppose that the fall of the economy has given new opportunities for crypto. Many saw potential in Bitcoin.

Bitcoin always had potential to grow form the initially stages itself, only thing not many believed in it or said it is going to be bubble or will be temporary but after a decade now people are realizing that it has true potential to grow and also to help businesses to grow.

With this pandemic, people got the time to investigate and check the usage of this system realizing
that it's for real and really manageable to use.
Those negative views are now starting to replace by trust and hope that somewhere people will benefits
from this system  both investment and currency side of it.
The pandemic helps showcase bitcoin potentials to the world but if some government negative stance toward stay the same bitcoin adoption may not occur in the country governed by the government.