Quote from: Volimack on Today at 03:28:52 AM

Quote from: Rabbitqt on Today at 03:08:14 AM

Quote from: Emmybit001 on Today at 12:53:55 AM

To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.

Honestly, many are aware, but few truly care. Ultimately, Bitcoin won't emerge as a mainstream currency; instead, countries will likely embrace their own digital currencies. Bitcoin is simply another asset for speculation. With the introduction of ETFs, it's essentially morphed into just another tradable stock.

Many countries don't know about Bitcoin but if they know about its use, they will definitely use Bitcoin. Maybe the government of their country has left them behind in all aspects. Bitcoin is a speculative asset but its acceptance will increase day by day. The demand for Bitcoin has increased with the approval of ETFs.

I'm sorry, but Bitcoin's case isn't strengthened when only unstable or corrupt governments are the ones adopting it. We need not only developing nations but also developed ones to embrace it. Furthermore, merely becoming another ticker on the exchange doesn't serve its intended purpose.

Indeed, let's observe that demand evaporate once we enter a bear market and witness an 80% loss. These retail investors are poised to suffer significant losses.

Rabbitqt

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