Quote from: madnessteat on July 09, 2025, 03:08:56 PM

Quote from: AprilioMP on July 07, 2025, 02:38:33 PM

There is no scenario because Bitcoin is a digital currency system that can be used as a long-term asset and the best hedge against fiat currencies.

The most likely risk with Bitcoin is that you will no longer be able to use Bitcoin if the key is lost from your stash and memory. Other than that risk, I don't have any feelings that make me worry about Bitcoin. For example, if the price drops from the price I bought it yesterday, I'm not worried.

The risks of investing in Bitcoin are much greater than simply losing your wallet's seed phrase.

Can you explain how the risk of investing in Bitcoin is much greater than just losing a wallet password. Because what I know is that the risk of losing the password is very feared.

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Currently, the US government has a positive attitude toward cryptocurrencies. None of us can know whether this support for the cryptocurrency sector will continue when the Democrats return to power. Think about what could happen to your Bitcoin investments if Democrats who are negative towards cryptocurrencies come to power. What if they are able to rule the country for several terms and will do everything possible to counteract the development of the cryptocurrency sector? This is just one example of when your investments could be frozen for several years. Therefore, it is important to remember that investing in cryptocurrencies carries very high risks.

That's a political situation that I can't afford to think about. It's much healthier for me to think about politics, although following politics is also not bad to know the direction of the policies being made.
If countries order to hinder the development of the crypto sector, my grip remains that the amount of Bitcoin will not change. Price changes are normal.
How long will they be able to hold back because they are in charge for a period. After their period, they will be replaced by someone else.