Quote from: Terezi on Today at 08:47:28 AM

Quote from: lalabotax on November 16, 2022, 11:21:30 PM

Basically, yes. Bitcoin is a very precise future money. In fact, Bitcoin can become a global currency to facilitate transactions globally, without the need for complicated administration and high fees.

However, this will not go smoothly because many parties still do not approve of the use of Bitcoin. Why? Because Bitcoin has no backup, is not controlled, is very volatile, and is also at risk. That is always their reason. In fact, there are actually many positive sides that can be used. But then again. Currency is usually associated with government regulation and control. Hence, it may not be completely successful.

Bitcoin is the Final Boss. It gives everyone in the world the property rights to protect themselves. Bitcoin is not controlled by anyone, it is owned by everyone. It has helped many people around the world achieve financial freedom. The characteristics of Bitcoin make it have better development and value-added potential, but it does not necessarily become the future of currency.

No doubt bitcoin was developed with the thought to replace the paper currency and also to have a significant change in the financial system of the countries.

However, since the adoption of bitcoin means that government will have less or no control over the money, this means that government will never let bitcoin grow and will never let it use as a payment gateway.