Post
Topic
Board Speculation
Re: If bitcoin will accepted worldwide for legal then price rising $100k??
by
macson
on 31/12/2023, 21:48:33 UTC
If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.

what is your opinion about this?
that's for sure, when the adoption of bitcoin increases then its value also increases, people will only see Bitcoin as something they have to have but the bad effect is that when adoption increases then Bitcoin fees also increase, just look at the current example, the ordinal protocol that rides in the bitcoin network, bitcoin transactions have increased sharply, as a result, there are many bitcoin transactions that have not been completed quickly, it is clear that if there is no best solution to make bitcoin fees more stable then the only people who will use bitcoin and also invest in bitcoin are people who have a good economy only, Bitcoin will become a very special asset, which can only be owned by a handful of people.  There is still a lot of speculation going on in Bitcoin, especially as adoption increases rapidly.