Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin as payment means
by
Adams0001
on 10/10/2024, 07:10:34 UTC
You don't have to sound more like any one that get in terms with Bitcoin automatically becomes rich, don't be in a hurry to forget that Bitcoin is not a quick and get rich scheme, there are those who might not be that patient enough to ripe the potential that Bitcoin holds, which has nothing so with the government fighting against Bitcoin as a decentralized asset class, there is no guarantee  that anyone who gets involved with Bitcoin will become rich. However, Bitcoin is a freedom currency and not just to be seen as a means of payment, which has to do with have the total control over your money, it offers privacy of which the government are not comfortable with the reason why they are most fighting it, my point is even if Bitcoin is not generally accepted as a means of payment which is not the main purpose for it's invention, it will still stand for what it stands for, which is privacy.
This is so true and not many people realize how true this statement is until too late. We are not in this for the quick money, and the ones who are in this to get rich quick will usually end up losing all their money as well, the ones who stay for long term and wait and hold are the people who make the real kind of money.

I personally believe the best thing you can do with what you have could be investing for the long term so you wouldn't lose any money on it. I believe this will not be simple because bitcoin is volatile and you are going to see many ups and downs, which makes it emotional and hard for many people to make some mistakes but I am sure we are going to end up with a result which profits if we can wait long term.

Anyone who claims to require rapid money will not have time to focus on bitcoin because their mind is preoccupied with fast money, which usually leads to failure. All governments that have not accepted bitcoin do not want their currency to lose value, and the main reason is that they cannot control it, so they will not approve it in their country, which I like because if the government has access to bitcoin and control over it, I do not believe bitcoin will be able to move as smoothly as before.

Now that no one has access to bitcoin, we are enjoying it and investing to ensure that we have enough funds when the price rises, so bitcoin is the best. Anything they say about the coin should continue, and we will continue to profit from it. He has changed many people's lives and made them wealthy, so we will continue to pursue our goals until we achieve our target. We should continue to invest in bitcoin since it is the best online investment that you will not be concerned about losing all of your assets because the price fluctuates it is simply a matter of time and patience.