Post
Topic
Board Nigeria (Naija)
Merits 4 from 2 users
Re: The future of Bitcoin.
by
Zigabel
on 04/06/2025, 11:46:48 UTC
⭐ Merited by CryptopreneurBrainboss (2) ,Jessie2121 (2)
Let discuss my Nigerian people about the future of Bitcoin because there are people who are still skeptical about Bitcoin because there are still those who considers Bitcoin as  an experiment work that is still in progress despite all the progress that Bitcoin has been able to record in the few years of it's launching with recent move by many countries around the world to legalizing bitcoin and having National Reverses . Many still don't believe in Bitcoin and it's future potential. There is the school of thought that Bitcoin will gradually fade away in the future where do you see Bitcoin in the nearest future in twenty to thirty years times where do you see Bitcoin.
One of the major reasons I have spotted that could be responsible for this kind of taught amongst certain persons is that they lack enough knowledge about what Bitcoin really is, an average person with a goal level of digital exposure is very likely not to buy into this school of taught because  they would  have cone across certain information that will help them take their minds away from ever thinking about Bitcoin in such perspective, majorly such ideas will be common amongst those with lame ideas or literally no idea about the dynamics and economics of Bitcoin.

Quote
_____ what could be the reason Behind mass adoption of Bitcoin?
Before most counties have seen Gold as a reliable reserve because of its value  system which was considered such that's almost always appreciating with some stability around it's continuous appreciation, in recent times the global economy is gradually transiting fully into the digital space and one prominent digital asset that has the almost exact replication of Gold in the digital space when talking about digital assets is Bitcoin, seeing  thatbits proven overtime to be a store of value and also has the advantage of decentralisation which keeps it almost out of control and manipulation from any one and been able to stay immune to inflation to a very great extent, this has given credence to its adoption because it's obviously a digital Gold mine steps ahead of the regular Gold.  This is my taughts though.

Quote
_____what are the future prospects of Bitcoin on the global stage?
More adoption and acceptance by more countries is very much possible and it's possible it gets to become  a globally accepted currency and a legal tender in many other countries soon after adoption.  It will also become a stand out digital asset for which countries and top institutions and organisations will adopt for the purpose of making a reserve since it can almost not be manipulated easily by anyone

Quote
_____ And for those who are still skeptical about Bitcoin what could be the missing link?
Information I suppose is the missing link for such level of skepticism, if the have enough information that satisfies their doubts, it becomes clear they will most definitely have a reason to adopt the idea or choose not to for personal reasons but not because they think it's not a good investment or project to key into.