Post
Topic
Board Altcoin Discussion
Re: Why Cryptocurrency is not Legalized Despite the Many Benefits
by
fullhdpixel
on 12/09/2021, 21:20:25 UTC
To my knowledge the first cryptocurrency was Bitcoin. Do you agree?
Since 2009 Bitcoin was launched by a person on behalf of Satoshi Nakamoto (aka) there have been very many positive things that have been obtained by people in the cryptocurrency space. Because Bitcoin has a limited stock, thus making the price of BTC expensive and then in anticipation of people being able to invest in crypto, Altcoins were born as an alternative.
Please give suggestions if my post is not correct.
First of all I’d like to point out that Satoshi Nakamoto created Bitcoin for transactions online. Although this time around a lot of us are now looking at it as an investment asset. So, this is why a lot of things have changed. When you introduce Bitcoin to people they always see it as a means for them to make money and when they are not able to make that money they say that Bitcoin is a scam.

Yes, there are so many good things that we have been able to benefit from Bitcoin, but a lot of people can see that. I hardly see anyone these days talking about Bitcoin as a method of transaction, they only talk about how much they can make from it and nothing else. But I do understand that it would be hard for people to accept it in such a way because of how volatile it is.