Quote from: TheUltraElite on Today at 06:08:39 AM

Quote from: pawanjain on November 04, 2023, 05:15:07 PM

Yes, bitcoin is risky but so is every other asset. It's just the amount of risk is higher when investing in bitcoin because it is not regulated by any single government.

A government may attempt to curb bitcoin but they know its futile - look at Bangladesh and Nigeria and how people are evading bans on bitcoin there. These countries have the highest amount of campaign participants in this forum and are earning well which itself is a form of investment into bitcoin.

Still government's non-lenience is a negative factor, a deterrent from people openly investing into bitcoin, but these will change gradually and by not starting early they will be the ones missing out. Dont force them but allow them to understand their actions.

And that's what makes bitcoin. The freedom from government and the ability to control your own money.
With great power comes great responsibility. Owning bitcoin has it's associated risks which people forget about.
This negligence costs them a lot sometimes and that is why we have to make people aware of the risks first if we suggest them to buy bitcoin.