Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a world power?
by
Twentyonepaylots
on 18/11/2020, 19:07:26 UTC
The current world power will not allow bitcoin to become something more than it is now. But it would be interesting to see what happened then.

Anything can happen in the next 10-20 years, who knows about bitcoin at that time, as Satoshi said about bitcoin in 2010; in 20 years there will either be very large transaction volume or no volume. we will find out in 2030.
It'll be in 10 years, but we can clearly see it happening. If people still don't believe on bitcoin despite the price and it's massive exposure on mainstream then they will regret it in 10 years wishing they should've invented a time machine.

Not all governments are agreed to ban bitcoin or legalize bitcoin, like in Japan.
Still bitcoin is untouchable, I didn't see any of countries having a standard or at least metal hand law against crypto except banning it.

If what he meant was bitcoin as the currency that will dominate the world upon traditional fiat currency, it depends on people's choice.
Even if the government ban bitcoin, we can still use it by using a VPN to access overseas exchanges, yet bitcoin still can't accommodate a global scale at one time.
  Decentralization might be favorable for all people, who does not want to take care of their own assets?