Post
Topic
Board Economics
Re: Cryptocurrency and entertainment.
by
xSkylarx
on 07/09/2021, 12:05:38 UTC
Bitcoin advertisement or promotion by celebrities are always good to make people interested in bitcoin but the most important thing is the acceptance by governments or everything that will ease people to use bitcoin. Today there are many countries start to accept bitcoin, if government accept bitcoin then bitcoin related company will grow easier. I think the news that we need is bitcoin acceptance by governments.
with the use of celebrities and the reaction and response of the people then eventually government will understand the demand and willingness of every people towards crypto.
sometimes we only need to push the government to decide as they need the pulse of their people before making it clear.
crypto is advantageous and this is what they need to understand in every angle of currencies and economy .

Not only celebrities, but also powerful people who invest in bitcoin have a significant impact on the currency. When this happens, the government is usually the first to react because they see a potential profit opportunity. I believe it is currently debatable whether the government should accept bitcoin or not; however, I believe the government should remain neutral rather than prohibiting or commenting on it, as this could have a significant impact on those who hold bitcoin and the bitcoin itself.