Topic: Can Bitcoin Adoption be possible? - page 2. (Read 239 times)

post like this is very much 

but my answer is still yes

sooner or later 

government hate bitcoin but they are created their own digital money when this actually happen people will notice bitcoin is the first digital coin and also many institutional adopting it so yeah wait for the time

This post is intended to get sympathy to all bitcoiners regarding on bitcoin adoption.

Bitcoin Adoption,

Bitcoin adoption if it will going to happen (since this has been felt by the other nations who were bitcoin friendly) will be one of the historic event that will going to take place with bitcoin. There are many benefits that this decentralized digital currency could offer to the users to blend with the current fiat currency system. Some may say that Fiat currency is scam but in my opinion it isn't but there are abuses that can be made in the system. Therefore a decentralized digital currency should be imposed and that bitcoin is perfect for the users have the freedom to chose what currency will be use either decentralized digital currency or the fiat currency.

Benefits of bitcoin as decentralized digital currency.

The bitcoin system is being run by its user and it was never been controlled by anybody or any organization to ruled out the bitcoin system. The highlight of bitcoin system are the following.

1. Bitcoin users can do peer to peer transaction without third party involved that can help without exposing our identities when doing the transaction.

2. The blockchain will record and serves as a prove that the transaction has been made.

3. Bitcoin transaction can be done online and the user can avoid the hassle of queiuing especially during long lines when process payments.

4. A bitcoin user can do trading if he has the skills and could earn in it. Aside from trading bitcoin could also be a form of investment like gold in which one can acquire and keep it for some time. Speculations that bitcoin could reach 100K and more in the future.

5. Bitcoin never will stop or end unless every bitcoin users will stop using the bitcoin system. Meaning that the bitcoin system is being run by the users itself.

6. Since bitcoin is a decentralized digital currency, it could be use as a money to transfer from one nation to another nation or country. This means that with bitcoin we could have the real freedom on handling our financial aspects.

7. Every user can get the chance of hiding the real number of money he had by storing it as a bitcoin without everyone knowing your money worth which obviously bank could disclose it anytime when there are third party involve like the government wishes to see it. This means also that banks or government could no longer freeze out money when being stored as bitcoin.

8. Bitcoin could be more reliable and less resources to be spend. When we use fiat money we uses raw materials to make it especially the coins in which it could take a lot of energy in making the coins even the paper money too would be a waste of raw resources and energy. Bitcoin would be more reliable than this because you just need your device in which we had it already like cellphones and laptop as part of our daily living.

9. Bitcoin could give the opportunity to all business establishment as part of the development of their service like online payment accepting bitcoin fast and easy transaction.

10. Instead of burning fiat money one could store it to bitcoin for an odd decision like one wishing not anybody could inhereted his money that instead of giving it to someone one could decide to store it as bitcoin and all bitcoiners could benefit to it. There is no such thing as dead bitcoin and it will add as earnings to those who were doing trading or investment with bitcoin.

I did not mean that fiat currency should be abolish but I am saying that bitcoin should exist as counterpart to fiat currency system when it comes to use. As I have reiterate that decentralized digital currency like should be an option for us the users to get more freedom in financial aspects. Freedom where we can do whatever we want with our financial capabilities.

This is just my opinion and wishes for bitcoin adaptation especially nowadays that bitcoin demand is high. High demand for bitcoin means as indicator that bitcoin adaptation could be possible and if it does then it draws near.

Do bitcoin adoption could happen?
What do you think?

Edit: Thanks to @dkbit98