Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Btcdeybodi
on 06/04/2025, 20:00:01 UTC
This is where Bitcoin will come in and dominate all currencies and the government will have no choice but accept Bitcoin because Bitcoin will be their only saviour to their economy l, it is better the politicians realize the importance of Bitcoin before they will have no choice than to be forced by nature to accept Bitcoin .

More precisely, not forced by nature, but forced to admit Bitcoin as the best by the influence of current conditions and must accept it as the best asset in the world. Those who are still skeptical and do not want to see Bitcoin as the best will face a level of difficulty in the economic sector because currently the world economy is not going well, especially with the new tariffs that have been issued by Trump for several countries that like to import goods. So no matter how the government moves in the economic sector, what is called Bitcoin must still be seen as a good investment opportunity and also as an opportunity to save their economy in the future because Bitcoin is an ark that can be used by everyone to save themselves from the economic crisis that might come again in the future.
If you should ask me i will eventually tell that the government will soon see reasons to accept Bitcoin as the best asset and make life so easy for everyone in the future, because with the future of Bitcoin investments, if it should be accepted by the government the economy will not hard as it is right now.

The government will later embrace bitcoin at last but for now they still feel threatened by the presence of bitcoin because those that are investing in bitcoin finds it more convenient to store their wealth in Bitcoins because it is covered from inflation unlike Fiats that are prone to suffer inflation continuously. The only thing the government will do after embracing bitcoin will be to begin to regulate and taxing those who are performing bitcoin transactions on exchanges which i see as one of the challenges that bitcoiners will face when bitcoin becomes adopted by the government because since it is a valuable asset like bitcoin, it may attract higher taxes. Wish the government can just allow us perform bitcoin transactions without those taxes because it's still same thing they are doing to Fiat transactions, now what will be the difference, only the anonymity of performing bitcoin transactions from one bitcoin address to another but when you want to exchange your bitcoins, the transactions will now move out of anonymity on exchanges since our KYC information will be known.