Post
Topic
Board Economics
Re: Future occurrencies that can increase bitcoin price.
by
avikz
on 29/04/2024, 14:22:02 UTC
There are certain occurrences that can reduce or bring down the economy of a particular Nation there by also making there currency lose value in the world market for example war.

And there are also certain occurrences that can increase or rise the economy of a particular Nation there by also making there currency gain more value in the world market for example emergence of good and intelligent government.

Therefore I believe there are certain occurrences that will increase the price of Bitcoin to a very magnificent price.
 
for me adoption of Bitcoin as world digital currency.

I will also love to hear from everyone in this forum what you think can occur in the future that will increase the price of Bitcoin to it magnificent price.

You probably do not understand the scale of global economy, that's why you are doing about Bitcoin becoming world digital currency. The network will explode if Bitcoin is accepted globally by the governments. You will pay huge transaction fees and your transactions will be stuck in the network for hours.

Please understand, Bitcoin is not here to become the global currency. Adoption is good but the Bitcoin network also needs to scale up in order to accommodate the increasing number of transactions. Otherwise nothing great will happen with Bitcoin.