Quote from: Kamarah on April 28, 2021, 09:07:16 AM

I'm sure when big and reputable companies in the world support Bitcoin, Bitcoin will be trusted by people. This is very beneficial! When people flock into Bitcoin investment, Bitcoin prices will be high. That's what everyone wants. The last one we care about is that each bitcoin value can bring us how much money. I also recommend people to choose prestigious trading floors to participate.

The only downside about companies adopting Bitcoin is the mass concentration of supply among a few. This will make Bitcoin centralized as we speak, since the world's most powerful companies will have a large stake in it. Bitcoin will also become highly congested, making it impossible for the average person to use it for day-to-day payments. Unless Bitcoin addresses these issues, I don't see it going anywhere.

If Bitcoin becomes utterly-centralized as more companies join the game, people will have no choice but to use an alternative cryptocurrency like Litecoin or Ethereum for their own benefit. I'm guessing that renowned companies like Amazon, Google, Microsoft, and Walmart will hoard most of the circulating Bitcoin on the market in the not-so-distant future. Which one will be the next one to join the craze, it's yet to be determined. What matters is decentralization and censorship-resistance. As long as Bitcoin is able to balance between decentralization, equality, and scalability, there should be nothing to worry about. Let's see how long the craze will last depending on governments' approval in the mainstream world. Just my thoughts Grin