If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.
what is your opinion about this?
Not necessarily, if we look at many people are still unsure whether Bitcoin is legal and there is a lot of negative press around the dangerous transactions that unscrupulous individuals can make using Bitcoin and ledgers. I think there are a lot of things to consider for bitcoin to be legally accepted around the world along with its potential price increase towards $100k, as there are still many countries that are not ready for this for example, say someone still needs a permit to sell bitcoin as a business.
Bitcoin can be accepted in all countries, but under the regulation system where the government wants to have a cut, and with respect to that is where the regulations come out , this topic interests me , because I have raised it in the Spanish Section and in the Wall Observer thread, and what they say is true , they cannot control Bitcoin , but they will do what they can to be able to have some bitcoin money , if it is for the users it is much better, even so the way they have to make it status does not mean that it is adopted , only those who have Invested in bitcoin and have made Profits are the ones who can speak and say the benefits they obtain, they are few people , but those few are probably millionaires, because they believed in the beginning and have great amount of bitcoin at the moment.
I have searched a lot, I find this article interesting:
Bitcoin Price May Hit $100K by End-2024, Standard Chartered Bank SaysThe climb to $100,000 could be driven by a number of factors, including the recent banking-sector crisis that helped to “re-establish bitcoin’s use as a decentralized scarce digital asset,” the bank said in the report on Monday.
“Against this backdrop, bitcoin has benefited from its status as a branded safe haven, a perceived relative store of value and a means of remittance,” analyst Geoff Kendrick wrote. Bitcoin has gained 65% since the start of the year. It rose above $30,000 last week for the first time in almost a year. It was recently trading at $27,328, down 1.2% in the past 24 hours.
Original Source:
https://www.coindesk.com/markets/2023/04/24/bitcoin-price-may-hit-100k-by-year-end-standard-chartered-bank-says/They already say here that there may be by the end of 2024, so why not buy everything that can be bought bitcoin now, this is worth it, an investment for a lifetime.
