Quote from: Nangiconference on February 20, 2025, 11:10:52 PM

Having had interest for bitcoin among all altcoin, I tried to imagine if the price of bitcoin is reduced to atleast 80% so that It can be affordable, and before this is done a proper warning is sent to all the users and holders so that they can sell before time to avoid lost on their part and buy back when it is stable and relatively cheap.
The world is now digitalise where induction, orientation and serious campaign about bitcoin is prevailing but the major constraint for adoption is the price which had made old users to benefit from the system. For instance to own a bitcoin in my country is above a million naira. Where will one get this money from as a newbie. Let it not be as if there is no hope for us that are new to the ecosystem.

I quite understand your concern as someone who has been in your shoes before but what you're suggesting is not realistic. First of all, you have to understand that Bitcoin is not like your currency that government and central banks have authority to decide on what happens to it. There is no central authority that regulates Bitcoin price in the first place so how do you think devaluation would take place? Absolutely, no individual or authority has power to slash bitcoin price to make it affordable for people.

Moreover, even if you make Bitcoin free to accumulate some people will still miss out giving some excuses. And again, you don't need to own a complete bitcoin, with the little money you have you can accumulate as little as you can afford until you get a satisfactory portion. Not everyone actually has a complete coin thou.