Bitcoin is not changing my country's economy. It is not helping to strengthen the power of my country's fiat.
It is not helping the government of my country, that is why they hate it.
Governments don't hate bitcoin just because it doesn't help them change their economies or help them strengthen fiat currencies. Because bitcoin is not capable of doing that and it was not created to do that. The government doesn't like it because they can't control it.
Rather, bitcoin is changing the life of the individuals that embraced it and that is why I endorse it as the coin of the people.
Anyone who loves freedom or liberty should embrace bitcoin and not wait for the government to do it for the sake of the whole economy.
Bitcoin can only change the lives of those who know how to use and invest properly, it cannot help all those who invest in it. Not everyone changes their life in a positive way when investing in bitcoin, many people have changed their life thanks to investing in bitcoin but many people have suffered losses, even bankruptcy because of investing in bitcoin the wrong way.
Bitcoin investment is a successful investment as a way to escape inflation. Significant profits can be achieved by buying at a low price and holding it for a long time. However, due to lack of proper market analysis, risk-taking mentality, those who do not understand market fluctuations, suddenly get scared and sell at a low price, and later buy it again at a high price. This causes losses. On the other hand, those who have regularly and patiently saved Bitcoin have often become financially strong in the long run and have received significant appreciation. Therefore, Bitcoin is not for everyone. It is for those who learn, understand and can invest with a long-term perspective. Those who have investment knowledge, patience and the right strategy have benefited in the long run. But those who have invested suddenly out of greed, bought and sold at the wrong time, or with excessive risk have often faced losses.