Topic: Bitcoin adoption growing stronger everyday (Read 1010 times)

Bicoin perfectly  fits into technology  era and have gained a lot of attention Since El Salvador adopted bitcoin and accepted it as legal tender has helped improve bitcoin in a positive way despite its risk, and bitcoin has a lot of potential been an asset, people who have good knowledge about bitcoin know its worth and will accumulate as many as they can, from previous record number of bitcoin transactions. Bitcoin fits perfectly into the technological era. At first, many countries wanted to make bitcoin illegal by all means because it was competing with the banks.

When the government creates the CBCD Token, of course, they will control it and it will not be fully decentralized.
The government will not relinquish their control of the tokens they will build themselves. over time the adoption of Bitcoin has indeed increased and some governments have begun to evaluate the adoption.

Inevitably the government must accept Bitcoin as another payment option even though they cannot fully control it, they can only provide strict regulations on transactions made. Pro governments will make transactions easier, but those who are against them will still make things difficult.

Despite having several use case of Bitcoin , it is now most commonly used in two ways. One of them is as a payment medium and the other as an asset. In these two cases people have adopted Bitcoin very easily. People's confidence in Bitcoin is increasing day by day. Governments of different countries are also working on it and they are trying their best to implement it. Among them, El Salvador is one of the countries that recognized Bitcoin as the first legal tender, and thus new countries will join the Bitcoin adoption. Bitcoin has managed to build its empire wherever it has touched and is going to create new revolutions in world.

As technology is advancing in various parts of the world, people's awareness about bitcoin is increasing as well. I was passing through a road when I saw a shop where you can buy and sell Bitcoin with ease. With this, you can see many other shops or businesses as well as making awareness about Bitcoin which people's curiosity will lead them to knowing more about it.

yes exactly bitcoin is adopted regularly and lots of people desires for its investment. Some people wants to make investment in Bitcoin due to its successful future and regular increase in price so they hold it while there are also large number of individuals who utilize bitcoin for purchasing thing and use it as a payment method so these two are really acceptable ways of bitcoin.

There are so many companies which use bitcoin as a way of transaction so I think that in future bitcoin will be more useful than this may be there arises lots of another uses of bitcoin because as quick bitcoin is adopted so it is possible to be acceptable by the people throughout the world.

People predict it as a trustworthy way and as we look towards the past so there were no such greater number of individuals who are bitcoin holders as now so in future the number of bitcoin holders will be more than this due to its usefulness.

from time to time and through technology bitcoin will be more popular and government will eventually take an action to it. not all countries will adopt and most of them they banned bitcoin, since it's a block chain they can't easily take it down but in the good side bitcoin has a good benefits for those who believe in it, some of them are millionaire because of bitcoin and sometimes there are also unlucky ones.

People who bought bitcoin earlier at about $1 thought bitcoin was a joke coin so would never have thought after 10 years later, but the fact is that the increase was so drastic after bitcoin grew rapidly, and now bitcoin has become an important asset even some countries have believed in adoption and other means of payment.

The pros and cons now the government will create a token called CBCD which can be controlled by the government but some say that it will be flawed because it is not fully decentralized, so there are still many governments preventing the adoption of bitcoin but I believe as time goes by when the adoption will definitely occur and side by side with the government that regulates bitcoin later.
We don't know what will happen later, but when bitcoin grows in society, the government inevitably has to accept it.

and it has been more than 10 years since Bitcoin was initially never believed at a very cheap price until now bitcoin is able to reach a very extraordinary price.
no one would have thought Bitcoin would grow this big with technology that traditional currencies do not have.

The problem of adoption that will occur is still a pro and con. some countries are starting to conduct research and provide positive regulations for Bitcoin, but some developed countries are reluctant to provide regulations on Bitcoin and tend to ban it.
Adoption will still happen, but it will continue to grow over time even though adoption is hampered by some governments.

I can attesify to this massive awareness in bitcoin especially in the third world countries in Africa, bitcoin has continued to pull waves despite the fact many government in most countries are against it because of it's decentralized nature which has limited the government from controlling how the masses use their money and government are a body which by all means loves to know that they are in full control of every aspects of the nation both financially and that's why the fiat system is widely accepted by many government around the world today. But despite that bitcoin is still growing and this growth and acceptance by the public will maybe in time influence many government to adopt this currency and utilize it to its fullest potentials.

In this digital era while everything is having changes blockchain and bitcoin are surely giving us independence which is also important and bringing better safety and free zone life and which peoples are having their links with financial institutes and things which are not allowing free life are surely going against this all and trying to have negative points about this which are debatable and also can fix without any deep trouble.

Bitcoin is surely future and with things which are surely bringing awareness and better ways of this all helping peoples to join this community and spread this as well because they know it's never been easy but still need time and more awareness to bring socially involvement about this all.

People are getting the awareness every day so the adoption must increase. As it is, some people still dislike it in the fact that they don't know the value or the important of the digital coin. While some category of people do not know how to use it. So they let it be at the moment. But the orientation is going around and people are joining the train day and night. It is a very good thing that people are knowing bitcoin. And another thing that also increasing the individual mass adoption of bitcoin is the recent introduction of digital fiat currency by different countries.

We're in the digital era and blockchain technology is at the forefront of the digital world. While some persons might only see the negatives attached to this technology, some other persons don't want to be left behind, they want to be part of history and it's good to see the mayor of Lugano, a public servant embracing and promoting Bitcoin. This goes to show that bitcoin never be stopped by anyone. Bitcoin adoption is spreading like a wildfire and soon we'll get there.

If we pay attention and see the development Exactly especially The increasing adoption of bitcoin is a clear indication of its value and potential power in today's world and I believe bitcoin Adoption is unavoidable and unstoppable. As the example you mentioned one of which has been shown by the mayor of Lugano, Switzerland, paying for goods and services using bitcoin, I think it's only a matter of time before we see the use of bitcoin and accept it as a means of payment.

It's great news & positive development that Mayor of Switzerland is utilizing Bitcoin to purchase goods and services which highlights that Bitcoin adoption is growing rapidly, because it is perceived as only financial asset that can potentially mitigate the impact of rising inflation which consistently erodes the purchasing power of our traditional fiat currencies. Its adoption in western Europe & USA is crucial because they are the epicenter of global financial system.

The world is changing faster towards technology and Bitcoin come in the era of technology which makes it more stronger as the technology keep spreading across the globe, Having said that, Bitcoin is a digital currency which is easier for any given country, as a means of payment, which the value of the Bitcoin always be one at a particular giving time. Therefore, The adoption of Bitcoin just started with a full force accept as a means of payment, trading and investment.

It's no longer a secret, bitcoin has now become a very valuable asset for many people, there are even several countries that have officially legalized bitcoin as a legal means of payment, such as the country of El Salvador.
At the moment bitcoin continues to experience positive growth every year, it's not only a matter of price, but in terms of enthusiasts it also continues to experience growth.

Source: https://www.google.com/amp/s/www.liputan6.com/amp/5073660/studi-pengguna-kripto-global-sentuh-320-juta-asia-dan-afrika-memimpin

Seeing the development of bitcoin that is getting better every year, sooner or later bitcoin will definitely continue to spread throughout the world. Especially at this time, the world has entered modern times, which allows the use of digital assets to continue to grow and will continue to experience good growth. So it's true, now it's only a matter of time, until bitcoin spreads throughout the world, and becomes a valuable asset, or becomes legal tender in all countries. But all of that will definitely take quite a long time, because bitcoin too, can become as big as it is today, more or less it takes around 13-14 years. So it will definitely take quite a long time, until bitcoin is evenly distributed throughout the world.

And indeed the biggest obstacle to the adoption of bitcoin is the government, because currently the government in each country is still very strong in maintaining the rules regarding their respective fiat money, and is still reluctant to glance at bitcoin.

Maybe bitcoin doesn't have to be accepted absolutely everywhere? It seems to me that bitcoin is a free currency for absolutely all people and whoever wants to use it just sets up a wallet and uses it. Bitcoin is already popular around the world, but you don't have to have it adopted on a national level because there is a risk of major regulation, like linking the wallet to your passport or something like that.

Well what I can say to this that is there is one thing humans are known for it should be the constant change and this change has been imminent ever since. Human have gone through a lot of evolution since the onset of time and this change has been in every sector including the financial sector, so I think the creation of bitcoin was bound to happened and so also will its full adoption by the nations of world, time is just the supreme factor here. Its been a hell of a ride since the creation of bitcoin and its certainly going to be adopted but only time can tell.

Not only adopting cryptocurrency technology but most likely in the future we will see that all countries will also accept bitcoin, because the presence of bitcoin has really changed people's views about real financial freedom and the presence of bitcoin has also made it easier for its users when they want to transact, so far there have been a few obstacles to bitcoin adopters because several governments are still suing the existence of bitcoin and if later they don't ban bitcoin anymore then it is certain that mass adoption will occur in all countries.

Speculation is still our main goal when it comes to this market, but you are right. There will also be many cases where we will use bitcoin as a payment method, not just an investment. Assuming if bitcoin is accepted worldwide, then when traveling or working abroad, bitcoin is obviously much more convenient than fiat or banking. It can be said bitcoin use cases are not many, but sometimes we need and use them too. If bitcoin is no longer profitable, I will still use it in some cases.