Topic: Do you know that bitcoin has spread all over the world. (Read 679 times)

Bitcoin, its like nothing we've ever seen before. It changes the world with its size and boldness. You're right: its spreading like word-of-mouth. Someone wins big with Bitcoin, and everyone wants a piece. Its smart to follow winners!

However, we must be smarter. We must comprehend Bitcoin's mechanics. Its about altering the financial game, not simply making money. So governments step in. Just look at El Salvador's Bitcoin obsession. They educate their employees as well as buy it. We need such leadership.

We must keep networking and sharing the information, but properly. Educate yourselves. Know the risks and rewards. This is no get-rich-quick plan. Money will be huge in the future.

The idea is completely wrong because now bitcoin has become very popular many people all over the world know about bitcoin they have heard that there is a currency called bitcoin many are saying that one day bitcoin is going to take over the whole world there is no doubt because bitcoin every day  At the rate of development it will be seen that at some point 90% of the world will know about Bitcoin.

Bitcoin, as an asset, has piqued people's interest in purchasing it since individuals want to make money nevertheless, if one person is already doing it, there will be others who are intrigued. This is how bitcoin will continue to spread. Aside from the internet, this is person-to-person spreading based on relationship, and if the person discovers that you are generating money, they will be compelled to join because everyone wants to make money. The country must not even accept it as a legal tender but encourage people to invest and the government can also invest and that is why till now I respect el Salvador  because they took investing in bitcoin as a priority.

 And adopting thr blockchain technology.  Its just time it will take before bitcoin starts lording over other currency because people will find more intrest to invest and can also use it as  a form of currency. Depending who is using it, and what it is used for,

Yes it's true bitcoin is spread all over the world, if you can notice you will see many people are familiar with bitcoin even from remote areas. Because nowadays many people are covered online but they are not spread among the uneducated, those who are educated and updated nowadays are the only ones who know about this Bitcoin. But the countries where Bitcoin is illegal are hidden from the locality, and are secretly using Bitcoin.



It is natural for people who may be familiar with Bitcoin, but the main point is how many have been associated with investing in Bitcoin. But those who are associated with Bitcoin investment are the ones who will benefit the most in the future, they will benefit if the price of Bitcoin goes up. But non-Bitcoins are essentially the biggest losers, most associated with Bitcoin and the most successful Bitcoin holdings.

I can bet that the day this conversation starts happening in my village, bitcoin price would have reached over $1000000 per bitcoin already. People in my villages are scared of debit cards so I cannot imagine them using bitcoin in next 50 years.

Those who are interested to know about Bitcoin can get all the information about Bitcoin in any way. You notice that you had more interest than you wanted, which is why you came to this forum, thank you very much because your goal has been successful. Bitcoin is spread all over the world, because you notice that all countries have Bitcoin legal and illegal, illegal countries have people secretly using Bitcoin.
But not only do you know about Bitcoin like this, you can invest and keep Bitcoin as a partner for long term. Because you will regret it later when the price of Bitcoin is at its highest, so don't be lazy and get ready to become a Bitcoin investment partner now.

Due to the easy access of the Internet, everyone around the world can easily know about Bitcoin. It is not difficult for people from the high society to the lower class of society to know about Bitcoin. With a smart phone and an internet connection, the whole world is known. People who know about technology are interested in it wherever they live. There are many people who know about Bitcoin but don't pay attention to it and even in remote areas there are people who meditate on Bitcoin. They plan to make a fortune with Bitcoin. Bitcoin has only been around for 15 years but it has permeated the people to the extent that it is widely used in villages today. As a Bitcoin enthusiast, I am amazed to see people using Bitcoin for transactions despite various government restrictions.

What will be the point of Bitcoin's existence then? Do you understand that Bitcoin has revolutionized global finance because of its decentralized nature? And you think it should become centralized with the banks? And by the way, it is not possible because Bitcoin's network and blockchain are decentralized and they can't be changed, if they are changed, there will be chaos among people and investors and no one would want to see that happen.

Bitcoin is the best the way it is, it doesn't need to change, if governments understand its potential and how useful it can be even for them, they wouldn't be a hurdle in its way and they will let it spread as much as possible, but they are ignorant and don't want to give up control over the finances of their people.

Not sure that's true. Almost certain it's not. I've worked and lived in many of the most remote villages in the world. Where it's not smartphones but regular phones that people have, if at all. In these places, it's GPRS you can hope for at best, so SMS money payment/transfers work best. 0 fees and the ability to do micro transactions.

Talking about 0.1 cent payments for a sachet of iodised salt, or shampoo, or chlorine. 0.01 cents for matches. These aren't even amounts you could pay with Bitcoin, as you'd need to send 1 satoshi or even sub-satoshi payments with LN.

I'm pro Bitcoin. Love it. But I also live in reality. And a big part of the world still lives in a removed reality where Bitcoin is not (yet) practical.

Bitcoin is the most famous and oldest cryptocurrency now, and I do not think there is an educated person with internet access who hasn't heard of it before.

The residents of your village and many traders in remote villages worldwide prefer Bitcoin as a better means than traditional banks because it only requires them to have phones connected to the Internet. It is also better than local money, as it can be considered a promising and safe investment and maintains its value. Governments are fighting Bitcoin, but how will they succeed in fighting the decentralization and high privacy that Bitcoin provides? How can they fight all these people who adopt and use Bitcoin daily? They have no choice but to regulate its use and trading. It's just a matter of time before Bitcoin becomes more widely recognized and legal in more countries.

It's hard to believe that new things are normal, but the worst thing is if they don't want to know and learn at all. At the beginning of its appearance, not many people believed in bitcoin, but as time went by and information spread, people's mindset began to change and they were happy to accept bitcoin.

If in 2014 bitcoin was not so impressive, then it is certain that today's young generation and experienced investors already know about the existence of bitcoin. I would say that more than 50% of people where I live have at least heard of bitcoin, but they are not involved in it including investing a little money. Bitcoin continues to grow and because social media is super busy, it supports the widespread dissemination of information.

I am pretty sure that this is one of the main reasons why people invest into bitcoin as well, even if you live in a place like New York or London where the whole world knows the cities and tens of millions of rich people live there, we could still be aware that a small cities with a hundred people knows about it as well which makes us invest.

If it has spread this much, that means that we have people who are aware of it and not investing, there are a billion people out there who may invest into bitcoin one day, and I think that is the point of bitcoin's future and why we are investing. We believe that there are so many retail investors that can join, and of course some corporate ones too, and we just need to invest right now and wait for them, because when they join, they will make the price reach moon.

It is clear and the understanding that bitcoin has spread all over the world but the thing is that many countries fail to embrace bitcoin as a legal tender that is only thing that is making Bitcoin to look as if it is not dominating to the world so if like five countries in the world accept Bitcoin as a legal tender I think that the information of adoption of Bitcoin bully spread more than the way it is right now so I believe that future time Bitcoin will have a Dominion over some certain currencies but I know quite well that it is because of bitcoin is deccentralised currency that is why some countries government have not embrace Bitcoin.

Yeah, the same thing I was about to say but this was still valid for the newbies here in the scene. They can be the people from farther areas where internet connectivity is less or simply poorer areas. Then there are also people who have an idea what Bitcoins are but refuse to join it early.

Good thing that they still changed their minds later on. Old or new investors, it was indeed that BTC have changed many lives already. Who would have thought of this, right? Some like to keep their life and achievement a secret. They might be doing this for security purposes, so I won't hate them but we are more glad or proud to those who help the adoption to grow bigger.

if not for the government i think by now even the little ones would've heard about Bitcoin, not just globally but also the individuals and all marketers, local businesses woman, all traders would've operates in Bitcoin but the government don't really wants it that way. But I believe in the future Bitcoin will conquer the world 🌎, and also get Centralized with the banks.

They are poor, but that does not mean they are so poor that they cannot meet their living needs and do not have money to invest. Poverty here means that they cannot have a high income and a better life than developed countries, not that they are so poor that they have no food . Additionally, if you regularly watch the news , you will see that countries with high inflation are also more likely to accept and use cryptocurrencies than developed countries despite government bans.

I just took our forum as a small example, and if you use other social media platforms , you will also see the rate of cryptocurrency usage and participation from 3rd world countries still very high .



https://www.chainalysis.com/blog/2023-global-crypto-adoption-index/
https://finance.yahoo.com/news/20-countries-highest-cryptocurrency-adoption-114036029.html

Well, I'mma be real honest with you, that's not the case...
Bitcoin hasn't reached the nooks and crannies of the world just yet. I won't even wanna sight an example on people too far away; There's a very dense forest, with big community after the interior part of home town where people don't even use cell phones, neither do they speak/understand any foreign language or copy any lifestyle, tradition and mode of dressing from the rest of the neighborhood. They're not bushmen, but they haven't been introduced to a more civilized way of adaptation in this economy - all they understand is MANUAL LABOUR.

Bitcoin is yet to complete it's mission to those that would adopt it but haven't been in leamlight; mind you, it wasn't made for everyone as most people enjoy being in slavery

Well, maybe it's just that it's rare for the OP to meet someone who does bitcoin. Yes, bitcoin is known now to a lot of people around the world because it created some big events and shocking records, but it's rare that someone is talking about it publicly, or could we say that some choose to be lowkey or what, and I'm one of them. I don't usually talk about bitcoin or crypto currency to someone that I don't really know, or if a certain person or friend of mine doesn't know or have an interest in bitcoin and cryptocurrency, then I would not talk about it. So it's normal for the OP to feel that way, to feel surprised, or the important thing is that you could now meet someone frequently who has knowledge and interests in bitcoin stuff. Bitcoin now is truly in another league, many populations now aware of its existence but sadly just a few people has the guts to risk on it.

All over the world?
I'm not sure if it's clearly stated all over the world.
Why?
I don't know 100% whether the whole world knows about Bitcoin or not. Because there are at least 193 or 273 total countries in the world. So, to be honest, I personally don't know for sure whether Bitcoin has spread throughout the world, in all countries in the world.
Info:
https://www.sciencefocus.com/planet-earth/how-many-countries-are-there

But, at least, just check the local boards on this forum, we can find so many countries listed with discussions on their respective local boards in this forum.
 

In my country, Bitcoin is not legal tender and it is even prohibited to use Bitcoin as a means of payment. However, here, Bitcoin is legal as a commodity asset. So it is very natural for trading or investment or anything related to crypto projects. So actually it's no surprise if one day I meet random people everywhere who are talking about Bitcoin or crypto trading and the like.

At first I was a little surprised to find someone opening a trading application (I'm sure it was a local exchange in my country, I glanced at it from the side), while at a bus terminal. But as time goes by, it seems to have become normal.

However, strangely, even though it is quite familiar here, most people still hide our activities in crypto, including me, in fact no one seems to know that I am also active in crypto, and I also don't know if other people are also active in crypto. Because indeed, even though we are familiar and often have conversations, so far, there has never been a conversation related to crypto.

Because perhaps, apart from state law, there is still a debate regarding crypto in religious law. That's why maybe it's a bit of a shame to avoid discussing it because there could be differences of opinion and that would actually not be good.

I don't know why you are surprised about meeting people who were talking about bitcoin.  Bitcoin is everywhere and known very well, their is no social media that bitcoin is not mentioned. Even in the village I don't think the name bitcoin will be strange to anyone, some people may not have a full understanding about bitcoin but the understanding of bitcoin being a currency is their. It wad sometime ago that bitcoin was still uncommon currency to people in the rural areas or any other area.