Post
Topic
Board Bitcoin Discussion
Re: Factors affecting bitcoin business
by
Gudhal Untu
on 01/09/2021, 08:06:16 UTC
One major factor I feel is affecting bitcoin is global acceptance, not as general currency. But as a legal platform. Having world power countries settle with this would really make a difference for Bitcoin.
The factor of supply and demand of the coin in the market really can't be overlooked as it determines scarcity or abundance in the market.

I think the global community is the most influential thing in bitcoin. Currently, many countries have banned bitcoin, I hope that a global community can be formed soon so that bitcoin and crypto have the power to fight countries that have banned bitcoin, this of course takes a long process, but it must start soon.