Post
Topic
Board Bitcoin Discussion
Re: Why I Disliked Bitcoin
by
borovichok
on 08/12/2022, 11:32:58 UTC
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
Not getting the right information on time is also one of the tough times making people to lose interest in cryptocurrency.Bitcoin have been in existence but it's our ignorance that have led us astray and make us lose big opportunities. It's very important we know how to cope with Bitcoin because it have come to stay. It's very good at least you were still early in the space, 2019, didn't have enough population in the space but it was increasing gradually, rather than 2020 which the population increase rapidly as everyone wanted to make money in Bitcoin.