Post
Topic
Board Bitcoin Discussion
Re: Anyone else getting deflated with the bitcoin naysayers?
by
justdimin
on 15/02/2023, 11:23:58 UTC
For those who have no knowledge of bitcoin, it is useless to talk about the supply, what they need is faith in bitcoin. To this day, bitcoin is still rejected by people simply because the government, the government is still the most influential authority, once they don't accept bitcoin, getting people to believe in it is tough. Suppose if the US government and other major powers simultaneously declare bitcoin as a better asset than gold, we will immediately see people's acceptance increase rapidly.
Trying to explain bitcoin to someone is a waste of time, try to show them what we get for investing in bitcoin instead, that's the best way.
That is true but that is not going to happen at all, we are not going to see governments say that bitcoin is better than gold. What we could see however is governments end up saying bitcoin is good, not say better than gold but saying it is good. If that ever happens I agree that what you said may happen and I am rooting for that right now.

Look at El Salvador, they basically said bitcoin is awesome, and if something even remotely close happens with bitcoin as well, then we are going to see it do so much better. We just need to have a situation where we trust bitcoin and its future and that would be a lot better for all of us at the same time.