Quote from: BitGoba on Today at 06:27:35 AM

Quote from: CTO114 on August 31, 2025, 11:06:35 AM

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

Most people don’t understand that Bitcoin is money , digital cash. They think it’s unstable and volatile, and that it’s only for speculation. buy low, sell high. Many believe it’s just a payment network, blockchain, crypto, or even a stock. They completely miss the point that Bitcoin is a monetary system and money. Most people don’t even understand inflation or how fiat currencies work, so they assume fiat is stable while Bitcoin is unstable.That volatility of Bitcoin’s price against fiat currencies discourages and scares many. But once you go deeper down the rabbit hole, you realize that Bitcoin is actually a much more stable form of money than fiat currencies, which are inherently insecure, volatile, inflationary, and constantly losing value.

It will take quite some time for people to realize that Bitcoin grows long-term against the dollar and other fiat currencies, and that it will not collapse. Once people understand that Bitcoin is a reliable store of value, they will want to use it as a medium of exchange. Every form of money must first prove itself as a store of value, only then can it become a medium of exchange, and finally a unit of account.

Exactly, that is what some people that don't understand Bitcoin. They think is another method of getting money thy didn't know that you can make transactions with it that is why knowledge is the key to success. And some people that know bitcoin is used for transactions they can't do it because the country don't accept Bitcoin transactions in the country and businesses people don't accept it that is why he usually difficult for people to know value of bitcoin.

When you understand Bitcoin very well you will wish that all country to accept it and make things easier, but many government believe that when anytime they accept Bitcoin, paper money won't have any value anymore because Bitcoin will overtake them up, and local bank won't function like before anymore. everyone will turn to Bitcoin transactions and savings there funds in the wallet, anytime they have the used they will just run transactions with it, but he will always be difficult for all country to accept Bitcoin because the government doesn't have rights to control it. and that is what will be savings Bitcoin because if people are controlling it as how Paper money is. he will definitely reduce value. But I just get believe that one day Bitcoin will be the best in every country.