Original archived Re: Can we make Bitcoin accepted world wide?
Scraped on 08/07/2025, 16:31:50 UTC
The only problem with that is the government. You know that right now the government regulates Bitcoin very tightly, even its function is limited to trading or investment only, if you use it for transactions in physical stores you might get problems from the authorities - even in some countries its use is banned. So things like this are what limit the adoption of Bitcoin right now. Not to mention not everyone is ready to accept Bitcoin as you expect. There are still many people who are skeptical about Bitcoin even though you have explained it from A-Z. So making Bitcoin accepted globally is quite a challenge, even though Bitcoin is so potential and its use on a wider scale can benefit more people.
Governments will not accept this, it will take a very long time for this. It will not be easy to change such an economic order, and governments will not want it at first. Increasing the use of bitcoin in small states and making it legal is a little easier. But when we think about it in large states, we see it as almost impossible to do.
Even the transition from using cash to using credit cards took decades, and this will take a very long time
Totally agree with your take. Bitcoin doesn’t need to force. anyone those who understand its value will naturally come around. I also don’t think global adoption is impossible, but it’s definitely not going to be easy