Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will be more effective in the future
by
Twinkledoe
on 10/09/2021, 18:18:54 UTC
Right now in some of the countries Bitcoin is been banned or restricted, when I think of it I do not blame the government why Bitcoin or cryptocurrencies is been restricted because they do not know the value or importance of Bitcoin. Some government officials have never done any transactions, I mean to buy or invest to Bitcoin or to use Bitcoin as a means to acquire goods and services.

Bitcoin will be more effective in the future, because presently people who are more into cryptocurrency are the younger ones (18-50 years in age).
They know the value and importance of Bitcoin. Despite the ban of Bitcoin in some countries, some individuals mostly the younger ones still have access to Bitcoin. I believe will be more effective in the future.

The age assumption is just right, countries who ban bitcoins are only giving burden to those who trade/buy/hodl in their country. Furthermore, the future of bitcoin is inevitable in every nation as their citizens are using it for their daily transact.
Going back to the age assumption, its just new generation pips are are much more interested to this BITCOIN rather than those older individuals.

The advantage of dealing with bitcoin is that no one can restrict if you know how to use it. Not even government can stop you from transacting in crypto market, unless the government bans the sites in your country, in which, one can always find a way how to get around it. So in the future, this younger generation will be more accepting with the situation as they have seen and experienced what it is to have this technology. So yes, I also do believe that this technology will expand more in the next generations to come.