Quote from: s.tanishka on October 13, 2023, 03:37:06 PM

Quote from: Kavelj22 on October 07, 2023, 03:59:49 PM

Quote from: s.tanishka on October 07, 2023, 01:39:57 PM

Many companies are late to adoption due to their vital connection to the global financial system, which is largely fighting the spread of Bitcoin culture that will eliminate all its influence. It is not easy at all to get rid of a global system in which everyone works and replace it with a system used by a few. I think this is one of the most important reasons that encourages enthusiasts like Elon Musk and others to abandon Bitcoin in favor of other assets because he cannot use it in the market practically.

It is very important to realize that despite the delay in widespread adoption for the reasons we have explained, the degree of adoption that Bitcoin has currently reached is considered very important and very high compared to the time it took. Bitcoin is literally ageless because 10 or 12 years cannot make any currency used on a global scale as Bitcoin is today. Almost no other currency in history has enjoyed such success in such a short time as Bitcoin. This can be considered an amazing achievement. The journey is still long, and the day will certainly come when the use of Bitcoin becomes widespread, since it can no longer be bypassed or ignored.

I agree with everything you wrote! Many people still haven't embraced bitcoin because they are very much tied to traditional financial institutions. This can be seen in all areas. For example - gambling! Many companies still do not accept cryptocurrency. Other companies on the contrary are much more successful because they accept cryptocurrency and the number of their customers is much higher.

The companies that benefit from Bitcoin are mostly online companies that provide services to users regardless of their location or the countries they belong to. This is the real benefit from the benefits of Bitcoin, since it not only provides an exchange currency, but also a payment system that can be easily integrated.
Of course, the financial institutions that control the global financial economy do not want this culture to spread.

In my last comment, I briefly explained that the spread of “banking culture” is what explains the inability of users to use central platforms for long-term storage, and what also explains the significant delay in the spread of adoption: https://bitcointalk.org/index.php?topic=5470105.msg62992744#msg62992744