Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin as payment means
by
Gallar
on 10/10/2024, 20:18:24 UTC
~Snip
Yes, I also agree with your assumption, that only a few countries whose governments really like bitcoin. El Salvador is perhaps the most successful example in adopting bitcoin, because after bitcoin was mass adopted by El Salvador, the economic situation in El Salvador could be said to have experienced quite significant improvements. However, in other countries, most governments do not like bitcoin. Because as we know, Bitcoin carries a philosophy of freedom for its users, and also has a transparent system that is difficult to use to commit fraudulent acts such as corruption. That's why many governments in many countries are very anti-bitcoin, perhaps this is because if bitcoin is adopted as happened in El Salvador, the people who work in those governments will find it difficult to do as they please in financial matters. Maybe this is the main factor that makes bitcoin reluctant to be accepted by many governments in various countries. But even so, Bitcoin will definitely continue to experience an increase in users. Because I am sure that everyone today wants freedom in managing their finances and Bitcoin could indeed be the right choice. So the government will not be able to do much regarding the progress of bitcoin, because in essence bitcoin is progressing by itself and with the advantages it has. For this reason, any world government will definitely not be able to stop Bitcoin from growing. Because basically things that really have enormous benefits will definitely continue to spread widely, without having to be promoted, and that's what Bitcoin is like now. Bitcoin will continue to spread by itself, until everyone in the world has bitcoin.