Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Odohu
on 06/08/2023, 19:05:33 UTC
One thing I realized from your explanation is that there should be a clear distinction between Bitcoin and the numerous shitcoins,
The first thing to know when you are coming to the cryptocurrency ecosystem is for you to understand what is BITCOIN because it is the king of all the cryptocurrencies in the space. What is Bitcoin when you have known this and also known other cryptocurrencies in the ecosystem such as Doge, Litecoin,  etc then you can be able to differentiate bitcoin with other cryptocurrencies and this is the first step to take as a forum user so that you can also tell other users who are not familiar in the cryptocurrency. I really appreciate JayJuanGee for his great explanations.

-because regarding all as one means the scams that is prevalent with shitcoins can spoil the name and image of Bitcoin.
So far so good, shitcoins cannot spoiled the name of bitcoin again because bitcoin has gained ground in the world. And every corner of the world knows bitcoin even though they don't know the uses and usages bitcoin but they know bitcoin so it for you to tell them the differences if they want to know.
Bitcoin have gained ground no doubt but a good percentage of the world population are yet to embrace Bitcoin. Remember that government policies in some country slow down Bitcoin awareness and penetration.  So, I wouldn't say we are there yet as I still see Bitcoin as something that is making way into the mainstream.

Interestingly, a good number of businesses I know of are implementing Bitcoin payments and many are seriously considering same. As a matter of fact, I am also working on a project that will push this further in my locality and at a later date I will share details here for more suggestion and guidance.