Post
Topic
Board Bitcoin Discussion
Re: Why do you want bitcoin to stay?
by
blackened515
on 21/04/2023, 02:34:42 UTC
(.....)
What is your reason why bitcoin should stay in the next 100 years! when the government are worried about it?
Maybe our opinions about bitcoin can give hedge to the government.
Remember that Bitcoin is still a relatively young and unstable asset and that its future is uncertain.
Government restrictions and regulations may affect the currency's adoption and value, these some governments are just protecting its people but sometimes I'm against with them especially when it's about Bitcoin.
El Salvador has accepted Bitcoin as legal cash, and the nation is rapidly developing its digital economy. Most countries will legalize Bitcoin in less than a year. Bitcoin is a promising cryptocurrency project, and we should be able to accumulate more shares when the opportunity arises. In a few years, Bitcoin will experience a significant price increase, which will come as a shock to some investors who are delaying the project because they invested during the bull market and had their accounts liquidated when the bear season triggered. The government placed limits on the initiative because they couldn't stand by and watch as Bitcoin overtook fiat money.