Topic: I'm happy I can finally say something about bitcoin. (Read 742 times)

These types of low quality posts seem to be occuring for the simple reason of raising total post count. This is probably someone's alt account that has the objective of joining a signature campaign. I'd monitor his posts for future use of AI.

That's what most of us wish but we can't tell whether it will be possible in 10 years or it takes so long to happen. In the meantime, what we solely wish is for bitcoin to be legal in many countries, not a few countries. Once it becomes legal in many countries, the need for using it as a global means of payment will arise but I think, it will be fully regulated by the government. Making the government have control over it, not supposed to be so).

I also agree you  , before investing in any asset it is very important to understand it thoroughly and take into account your financial comfort.  Nowadays people in the rush to make quick money invest without thinking, which often leads to losses.  It is important that we carefully evaluate the potential risks and benefits of the asset and keep our financial goals in mind .

That is why knowledge is important in living life because it is not only useful for financial matters but knowledge is very much needed in a complex way in living life. Especially when it comes to investment, knowledge is something that is needed so that we have an idea when we want to run an investment correctly.

Understanding about investment should not be little by little but we must understand it completely. The goal is for us to have an idea in recognizing the market or the coins we want to invest in. Depending on the success of people in running investments is the wrong choice because you do not have a strategy to accumulate or exit to sell it. So in certain conditions panic will be a setback that causes someone to experience losses due to trying to decide losses in the wrong conditions.

Learn the pattern first and about other things can be adjusted when you want to run and when investment knowledge is not good, try using a small budget first to buy while learning investment regularly. Because the experience will be better when someone understands and wants to learn investment slowly.

I completely agree with you that there will be no success that can be achieved without knowledge and as you have said without knowing the right time to enter the market of course this will influence someone in making decisions so this will affect the results of the investments they make.
If someone makes an investment because they see the results that other people have gotten and don't have the slightest understanding about investment, of course this will make them make the wrong decision on the investment they make which will result in them losing money, so it is important for everyone who carries out their investments first. first learn so that they know the limits of what they can do and can prevent them from large losses when they invest.

There is no chance of getting success in any investment if you do not have the right knowledge, especially when it comes to bitcoin which is actually quite volatile so that it can affect people's decisions in taking an approach to it. We will get financial freedom if we understand the right investment pattern, not by looking at the success that people have achieved in bitcoin. The mistake of many people is not understanding investment and they only see people's success in taking investment opportunities and in the end they experience losses under certain conditions because they do not understand the journey of bitcoin which is so volatile.

Knowledge will give people the opportunity not to panic in a downturn because bitcoin has a repeating cycle that should not need to panic in such conditions. But because their knowledge does not know the journey of bitcoin, that is where the mistake lies in making the final decision to cut losses.

I could remember when I was newly registered in Bitcoin talk I was excited when I make a research of Bitcoin to know the effect of Bitcoin and also know things that is not necessary in Bitcoin so for me I believe that anyone who want to know anything that relate with Bitcoin the person have to make that is necessary because bitcoin is for all about research and if you want to understand more functions and more technical things that relate with Bitcoin you have to pay attention or devote at time to make a research of things that want to know everyone will be excited when you have make a research and comes out with a positive results that relate with bitcoins

There's some high-level insecurity from governments that are against Bitcoin and say that it is used for criminal activities or money laundering, I mean come on! These things are old already, the whole world has realized the value and potential of Bitcoin, move forward or you will be left behind.

Bitcoin and cryptocurrencies are a great thing for the youth because the future is going to be digitalized and knowing about these things can help them with their futures. Some young kids ar also building assets for their future using cryptocurrencies at such a young age.

What's unfortunate is that governments with negative mindsets and progressive approaches don't think about the youth or care about them, which is the reason why they are being so ignorant.

Op you cant be sure about such global developments such as acceptability in 10 years or 20 years even with almost its not suitable because there's a factor called global uncertainty which is in the entire system in the economy, in power, in control and climate as well. There are many hidden and clear factors that can affect Bitcoin's future potential.

Just for a second imagine a world war, or just imagine a network shut down for a few weeks, or just imagine a global crisis even bigger than  COVID-19 and more lethal for the human race. So if everything goes well I'm sure Bitcoin will hit a target and still that won't be %100 it can be 80% to 90%.

Making governments accept it was a good method, and we used taxation as a bait for it. This way, we are capable of using bitcoin without a worry in the world, and nobody can say anything to us, and in exchange we end up with something much greater than we expected, it's quite a good situation.

However, as we can see right now, that came with a cost, which is taxation, much of the profits we make goes to paying taxes back to the government, basically they are taking money from us in exchange of making bitcoin legal, which is fine for me, but not fine for some people as I hear. I am fine with it, because I rather pay taxes to be able to handle all of this, 30% taxes are fine where I live, and not really a terrible level.

It is true that the government cannot completely ban bitcoin but if they are really serious about stopping it then we will face a lot of difficulties. It is likely that many people will still invest in bitcoin regardless of whether the government stops centralized exchanges or any bitcoin-related services. But if they order criminal prosecution and imprisonment if they discover someone using bitcoin, things will then be much more serious. In that situation, I don't think many people will dare to risk using bitcoin like before. But fortunately, no government has yet become that strict with bitcoin, and we should not look down on the government and think that they can do nothing to us.

I have a feeling they don't really want to ban it completely, they're just buying time to observe and evaluate carefully before accepting, not that they don't have the ability to ban it.

Bitcoin is something that the government can't fight it directly but can fight it indirectly through the Centralized Exchanges and Centralized Mixers. And anything that is centralized and connected Bitcoin they can fight against it. And that is the case in your country. The government is fighting against Bitcoin through the exchanges yet the youth and other users if the digital currency is still active and because of the self custodial wallets use by these people the government can't stopped Bitcoin and the uses is continues.

And day by day the number of people using Bitcoin in the country increase tremendous. And the knowledge of Bitcoin about Bitcoin is widen. And the good part of if it all is that whether government accept or approved it or not, people are using it and government can't stopped them.

When do you think is that going to happen? The truth is, some governments will never be able to accept and allow Bitcoin in their countries as long as they don't get changed, maybe if the old rulers are removed and replaced with new ones who understand the potential of Bitcoin and the technology and realize how useful it can be for them and their country, then they may think of allowing it after putting strict regulations and laws around it.

Governments that understand this are already doing everything they can to bring Bitcoin and its usefulness within their countries and make good use of it. They know how much people like and use cryptocurrencies either for earning money or for personal use, so they aren't pushing them away but are trying their best to regulate them and allow their people to use them while staying within legal limits and boundaries.

That time has already come and we are seeing a lot of people making a lot of changes right now. Look at governments, most of them are making a mistake and we should consider how this is a very normal situation. I think the best thing about the current deal is that we need to make sure that we can hold it, as long as we can so that we can profit from it while governments end up with getting a better result.

Just consider the fact that we are going to be seeing a lot of the best things possible happening to bitcoin by governments not only accepting its existence, but putting good laws into it as well, saving people from scammers and also keeping it legit and a commodity as well. So all in all, I think we are on the right direction.

I can tell you vividly that this has been the situation in my country and Bitcoin. The government have continually tried to fight Bitcoin and even cryptocurrency at a general but the whole thing is actually centered on Bitcoin. But the good thing is that the whole youth and citizen of the nation have proven resistance to this as everyone continue to find other strategy that would provide effect use of Bitcoin no matter what.

Agreed, many people know about Bitcoin but not everyone is aware. Because of which not everyone can succeed from it. But those who will stick with it consciously can definitely get a financial freedom in the future which is not impossible. However, Bitcoin is still not legal in most parts of the world. But the public's willingness to use Bitcoin continues to grow. Governments are not able to reduce its use by various restrictions. And while they are failing, many of them are also thinking about how to adopt Bitcoin. Bitcoin is a financial freedom that no one can stop, no matter how hard they try. Earlier, Bitcoin was purchased at the individual level, but now the interest of institutional investors is gradually increasing and will continue to do so in the future.

With each and everyone being right and clear, I think the OP has been guided and he has also stayed tuned to keep up with his learning.

Either at beginners or act of ignorance after having a certain knowledge, we actually think that we have learnt enough but meanwhile... We have either learnt nothing or we are just across the beginners stage.

Just like @Mate2237 has said, it is a primary task to understand the domains such as history and the development of Bitcoin before we could proceed to progress with our holdings. So, the OP at a point tried his best too but hope to see you do more better.
Keep to your good work of research and learning new ideals towards your goals in the Bitcoin industry.

Whatever we say, bitcoin is a great opportunity which is a thing that anyone should not ignore. People never say wrong about bitcoin, they are all right because they experience the best of having bitcoin in life. This is the reason why the name bitcoin become too popular across the globe making some rich people turn their heads to it. If these people see the potentiality of this thing, I don't see any reason why we don't. In fact, we should be thankful we've been a part of this crypto world and know bitcoin because we've been given the chance, unlike the others which until now are still no-how.

If we have money today, instead of thinking about saving, better take the time to understand what is crypto and bitcoin investment all about. I am certain that this opportunity will help us to multiply our money and give us a better future.

For me despite the love I have for Bitcoin I wouldnt want to say that Bitcoin is a profession, it an investment that's capable of enriching individual at the same time it can temporally make individual money depreciate but with the same value, mate there is a misconception I want to correct once you have a little holding in Bitcoin, you will be addressed as an investor, your holding does not matter, lets not forget that they so called bitcoin traders and investors that have gather more kniwledge in the system started somewhere, they didn't just wakeup to become gurus in bitcoin, a journey of a thousand mile starts from one day, for me, Bitcoin investment is a contimus journey that requires a personal envoragement for one not to derail from the main goal.

I agree with you that Bitcoin is not an occupation, this is the reason why most people that doesn't have knowledge about Bitcoin goes into it with everything they have without having fund left with them or alternative source of income, I will still say it again that Bitcoin is a longterm investment and for one to able to continue with his or her holdings, such person must have other earnings that will help him or her to settle unexpected problems, so that he or she can stay relevant in the purwuit of this longterm goal.

Why I said you replace another people threads because what you have said have been said or created by users so all what your said is just like a duplicate from those ones. I don't mean that you copied exactly what they from them no but others have created it. But nothing bad what we all need is the knowledge in the technology because without the knowledge nothing will come. But when you have known then to participate and defending oneself is possible but if you are not knowledgeable in bitcoin then it is not possible for you to say something about bitcoin in the public domain.

We are all learners here but there are some threads we wouldn't create again because it looks childish. But as a newbie like you are free to create to know more.

Almost all humans know about Bitcoin, but not everyone is in it, Bitcoin is still an alternative not a medium of exchange in all parts of the world because there are still countries that prohibit the use of Bitcoin. No one knows what will happen in the next ten years, especially for the issue of medium of exchange. Bitcoin will definitely continue to find a place for everyone because the potential it has continues to show positive changes for everyone who dares to get involved in it.

Bitcoin provides space for anyone to achieve financial freedom and Bitcoin also excels in maintaining value so that many people are aware of saving Bitcoin. Let's hope that in the future bitcoin will continue to be as it is now so that people have the option to achieve financial freedom by getting involved in it.

Not only you have been helped by Bitcoin during difficult times, but there are many people who have believed in Bitcoin and they have all felt helped by Bitcoin when times were difficult. And if you are one of the many people who have been helped by Bitcoin because you already believe in Bitcoin, now is the time for everyone (including you too) to return to buying Bitcoin whenever you have the money and ability to do so. Because saving money alone will not save you from unexpected difficulties in your life.

Everybody who has heard of Bitcoin and got a little bit curious and ended up spending even a few minutes searching about what it is will definitely have something to say about Bitcoin.

That's a good start for you OP. Everybody starts from the basics. Knowing Satoshi Nakamoto or the very elementary definition of Bitcoin is good enough for a start.

It's just a matter of time before you will have more knowledge about Bitcoin and share it to others.

I thought this was going to be a Thread about some body who moved from their Country in which Bitcoin is banned and is now free to speak about it.  Or about some body who thinks it is safer nowadays to speak about Bitcoin and not become a target for doing so.  I was getting my thoughts ready even for both scenarios.  I do not understand why some people come here and start explaining Bitcoin to us.  Unless you want to explain it so we can correct you or you are doing it to educate, it is a pointless Post.  It is like going to a Physics Forum, creating an Account and starting to explain what Physics is.

You did well my friend for putting out that, irrespective of how it was done, the journey of a thousands miles begins with a step, it is a good thing that you have joined the forum, every high rank members you see on the forum today started from somewhere, learning is a continuous process, keep learning and explore your curiosity as you navigates the forum, it has more do with being active in the forum, reading, and making researches by making comparisons in order to get a useful information, am far better than I was when I started, I believe that you too can do even more better.

Bitcoin solves the problem of the fiat system. The fiat system is a big scam. Henry Ford, the founder of the Ford Motor Company, once said: "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Due to the excessive printing of fiat currencies by central banks without any backing, fiat currencies do not maintain their value in the long term. Inflation is a deliberately planned theft of savings by the ruling oligarchy. Every fiat currency in the world suffers a similar fate, leading to significantly reduced purchasing power and the loss of savings value for citizens of all countries. Everyone feels that 100 euros today can buy much less than what the same 100 euros could buy a year ago. This is inflation, or a hidden tax that we all pay. But we pay it with money we have to earn, while states and banks pay it with money they create as needed and in the amounts they require. Bitcoin fixes this problem and offers salvation from this scam. Bitcoin is a lifeboat.

The newest revelation that has led many to accept BTC is the fact that the government of any country can either chose to adopt it as a legal tender or use it in addition to their countries currency by merely regulating its activity. Now, that's a big plus for something that was seen as a chaos waiting to happen, hence why many governments created their CBDCs to prevent or discourage their citizens from patronizing cryptocurrencies like Bitcoin for real because of the lure of what digital currency stands to represent and project.
It's now very potent, in that all the sayings and thought of the first and popular cryptocurrency, Bitcoin failing, has been disproved.

A time will come when the world governments would have no choice than to adopt BTC and cryptocurrencies as a recognized means for payments after transactions because because of its consistency in proving regulators wrong and doing the needful where our regular commercial Banks fail or fall short.

Alot of people are living in ignorant not to have seen the potentials that Bitcoin holds but yeah it is not for everybody and can never be, I always feel happy that I embrace the potentials that Bitcoin holds, the global economy are growing in digital explorations and civilization it can be short sighted not to see this light that Bitcoin has brought as the world largest digital asset class which has proven to be the best beyond every reasonable doubt, I have always have this believed that as time goes on Bitcoin will be generally accepted.

Thank you for your words of encouragement. I actually did not rephrase any initial post on the forum or did I copy this particular post from anywhere. I was finding it extremely difficult to understand the basics of Bitcoin in general until recently that I had to read few journals and documentaries about Bitcoin and what I posted was my own little way putting out what I understood. Going forward, I'll continue to learn more about one of the greatest innovations of man(Bitcoin)

Actually it isnt really that hard on learning about Bitcoin and other things on which it is really just that correlated to it because we do have those informations that could really be read up and seen online
with just some few google searches on which you would really be able to make yourself having that kind of knowledge on which at the moment that you would really be telling up something
into other people about it then you could really be still that able to do with those basic stuffs and other things on which as long you arent that spreading out false informations then it would really be just fine.
Take note, that you shouldnt really be that making some guarantees about making money with Bitcoin investment if you dont really like on getting blamed.

One of the best thing on spreading about information and awareness of Bitcoins existence is on having with these kind of sharing information into other people on which this might
really be that a minimal step about recognition and adoption but it is really that at least making such small steps that will really be able to help at least
in moving forward.

You are a new user in the forum, but you are already trying to say something about Bitcoin, which means you have some idea about Bitcoin that you like or want to share. Of course, that's a good point for you, but you know as much as new information about Bitcoin, but there's nothing to tell about it. Even if you know Bitcoin, you need to recharge a lot and understand what it's all about. If you grasp it like this, you will slowly learn and understand much about Bitcoin. First of all, you need to know the basics of Bitcoin and how it works.
Bitcoin is a coin that is fun to learn about and recharge. Even though it has had its ups and downs, once you start recharging about it, you kind of do something inside. It was sad to see the state it was in at the end of 2023. Anyway, I hope you will know better. We need to learn more as we look towards Bitcoin's bright future.

The Bitcoin has surround all the world and it has helped so many peoples in times of exchanges the money from one hand another, Bitcoin allowed everyone to transmit their money to another people's without any network congestion, and if we observe it now the numbers of people's that are doing transactions through Bitcoin now has become much, unlike before that is only fews of people's that using Bitcoin transactions.

Because most people's was thinking that they scammed can them, but now that the system has surround the world everyone are into the Bitcoin investment and also keep their assets in Bitcoin.

But i didn't see any reasons why the government don't want the Bitcoin to become legal tender in the country, because the way Bitcoin is solving everybody problems all this while i think it has reach that government can considering it and make it to become legal tender.

When there is nothing to say or no idea to create a good content then rephrasing becomes the best for them. But I will not blame him or her because we also started like this and in the process started not adjust and now we only create thread when it is necessary and on important topics.

Well it is good to know the general knowledge nof bitcoin so he can defend himself in public arguments and educate others who are not well educated with some areas. Op I encourage to learn more.

everything that you analyze is true but the only problem we have today is the government, we all know that Bitcoin is the future global currency but if only the government Centralized and make it regulate in the country today. Because right now we don't know what the government holds against Bitcoin and we all know that they do pay their taxes, but I want to ask, what's the main reason that the government don't really want to make Bitcoin to me regulate in the countrys today? Right now some banks don't want anything concerning Bitcoin and them to get together but they do know that Bitcoin can improve their interest, and make them get more customers as more than they've today. In 10 years to come Bitcoin will beat the world and surely the government won't hold any alignment with them anymore. I believe that because it's getting there already.

I don't think Bitcoin was literally the first money introduced in digital form without a physical form. In 1989, David Chaum founded DigiCash, which was an electronic money corporation. The idea was right, but the timing was wrong, so it went bankrupt in 1998. But Bitcoin was the first successful project of that sort, and perhaps the first decentralized one.
Also, I think it's incorrect to say that Bitcoin forbids control by governmental or private institutions. Bitcoin doesn't forbid anything; it's just built in a certain way that makes it difficult to pursue some goals, such as controlling the currency. The text also has many unnecessary generalizations, like everyone regretting their lack of trust in Bitcoin or nobody believing in its success in the early days.
Moreover, the current adoption rate is too slow for global adoption in 10 years, if by global adoption we mean billions of users.

Yes, it is true that due to the increasing popularity of Bitcoin, everyone is aware of Bitcoin, and people who know Bitcoin better than others give more compliments about it. Some people are new to Bitcoin or they have lost a bit of money by buying it or they didn't buy Bitcoin in the right direction from the right place, they don't have a good opinion about Bitcoin and there are people like that those who only know about Bitcoin and have never invested in it because of what they have heard.

I've seen people form their opinions about Bitcoin or trading based on their experiences or what they've heard, mostly those who trade and profit from trading, have a positive opinion about the coin and trading, and people who have suffered losses in trading have a negative opinion about it.

No, it's going to take way more time than that. For it to get globally accepted, it will need to convince all the governments to accept it and most of them are very stubborn and they don't want to accept it or let their people use it freely. The reason behind this is obvious, it makes them lose control because they can't control the network or the blockchain but can only check transactions.

For governments to allow something, they must have complete control over it, if someone is making a transaction, it should give them enough control so that they can revert that transaction if they want to or hold the funds and ask certain questions and have requirements for the sender, and Bitcoin doesn't allow them to have this control, this is why they don't like it.

even though it's yet to be officially made a global means of exchange, when you're considering the most reliable medium through which you can carry out international transaction, Bitcoin is the surest and most convininece means to bank on. In the next ten years, we might not be certain that Bitcoin will get accepted as a global legal tender but at that, it's going to serve as the most viable digital asset that's used in not just storing wealth but also creating wealth.

I think it's not that much easy and it wouldn't happen in that much less of the time span. As governments are not ready to accept the fame and spread of Bitcoin nowadays because they are in fear that implying taxes will be someway difficult on crypto.

It would happen after sometime because Bitcoin is gaining a lot of popularity and people are accepting it worldwide.

We are here to helps each other and gives suggestion based on what we have done. But you should research more to finds what is suits for you because we will have different ways to use Bitcoin. I am sure you will improve your knowledge by researching and learn more about Bitcoin so you can use Bitcoin properly based on your wants. You still have many times to start to invests in Bitcoin after you finish your research so you will have Bitcoin like other people.

If more people research about Bitcoin like you, they will knows what benefits Bitcoin for them. They will knows the truth about Bitcoin and they will see that Bitcoin can gives them new ways to make money by investing their money in Bitcoin.

And I think it feels unnatural dealing with something that you didn't know. It is like you are only lying about your self and it's kind of embarrassing if someone will question you about it and you will only answer them incorrectly or you can't say anything at all. Getting involved in Bitcoin is not only limited to what you have said. What about the exchanges? Because this is where we can buy our Bitcoins that we will transfer in our wallets.

We must also know the movements of the market so that we won't panic sell and experience a loss once the price is dumping heavily because it is only a natural occurrence and there is still a chance for it to recover later on.

Everybody can say something about Bitcoin. Those who understand the basics of Bitcoin can have informed opinions on it. But even those who don't understand about it can also say something. That's how Bitcoin gained good and bad reputation. To some, Bitcoin is the future of money. To others, it's a Ponzi. To some, it's the kind of freedom that everybody deserves in the financial world. To others, it's merely a currency preferred by criminals.

It's good to know that you are on the right side of the fence.

A general knowledge that every newbies should know about Bitcoin is exactly what this sounds like to me, a professional Bitcoin holder or trader most likely have this basics if not they wouldn't have gotten to their current levels with Bitcoin investment and trading, you must have understood Bitcoin enough to a very great extent to be able to know how well to trade or invest to the point you will be called a bitcoins trader or an investor. Bitcoin is something we shouldn't be seen as our job opportunities except as a full time trader because I believe you can still be able to make a whole lot of such knowledge as it's been expected,but anything aside trading of Bitcoin, just an investor can never be a reason you will have to say you are working or seeing Bitcoin as your occupation because as an investor you will have to wait a while for profits.

The spread of bitcoin is indeed getting better for now but to make this a legal means of payment in a state of course this is still 50/50 and does not rule out the possibility that bitcoin will remain the same as a commodity or only be legalized as an investment asset.
Government regulations are very strong and surely we are aware that bitcoin and the government cannot be united so it will be difficult for the government to make this a legal tender especially for large countries.

The hope is still there but pegging for the next few years I will not say this with confidence because in my opinion the government will still try to continue to limit bitcoin even though it is not as extreme as before such as banning bitcoin but they will continue to try to limit it so that bitcoin does not develop quickly and with this condition they certainly will not legalize bitcoin as a legal tender quickly because they will not benefit from it.

That is nice to hear because in any one is doing and the first thing to do is to know the meaning of the key word so that whenever question come s, then you can withstand with it. And since you have know the basic concept of bitcoin then the next thing to know is wallet. And once you have known wallet and how to use it then all is set.

Thank you all for educating me on the subject matter as well as making helpful suggestions that'll help me learn more about Bitcoin. Like I said, my knowledge about Bitcoin is still very young but that doesn't mean I have no desire to improve. I'll continue to research and learn more about Bitcoin so I can make more meaningful and helpful contributions going forward

Well yeah true. Bitcoin as a new kind of investment rather than a new kind of money is what is the new trend  due to the fact that fluctuation in transaction fees hurts those who use it as a payment method while from little to no problem if we treat Bitcoin as an investment since we are not that frequent to do transactions especially if we are a long term hodler.

Thank you all for educating me on the subject matter as well as making helpful suggestions that'll help me learn more about Bitcoin. Like I said, my knowledge about Bitcoin is still very young but that doesn't mean I have no desire to improve. I'll continue to research and learn more about Bitcoin so I can make more meaningful and helpful contributions going forward

Thank you for the corrections. I'll definitely learn more about Bitcoin in other to  significantly improve my knowledge about it. It's a pleasure to share this platform with people that are very knowledgeable about Bitcoin. Hopefully, I'll be making more impactful posts about Bitcoin in the nearest future

Explain to me how BTC solves the problems of all those who do not have access to the internet at all or all those 95%+ who have never invested in BTC? Furthermore, in what fairy tale does BTC become a "legal system of money" in countries like China, India, Russia or even the UK, US or EU?


So in 15 years the share of the world's population that we can connect with BTC is between 2-5%, and in the next 10 years everyone will be using it everywhere? Some may call it optimism, but there is another word for it that I don't even want to write...

Actually basic explanation or even just keywords would really be just that enough. You wont really be needing up to be that techy or having those complicated words on trying out to explain something into someone
specially about Bitcoin or crypto as a whole. If you wouldnt really be still having that kind of knowledge and experience then it would really be that understandable that you would really be that hindering yourself on making up those kind of explanations on which you would really be that afraid that they might scold or tend to point out fingers if ever you would really be making out some explanation about it but just like on what i have said  that
keywords or even just that an introduction would really be just that enough because we know that googling information nowadays would really be just that simple as 1,2,3.

If you would really be tending to share it up then it would really be just that depending on you. Just make it sure that you should really be telling about the most precise information at least
even if the basic but at least you have told them about on what you do know. Also, dont tend to forgot when it comes to the risks involved since this is where
someone would really be mainly having problems when other people are really that expecting too much out of it.

The government of the world would first have to accept Bitcoin before it can become universally accepted. I don't think this is going to happen. Acceptance means very strict regulations.

Including businesses. Specifically small businesses like small local shops. It would be difficult to get them to start accepting Bitcoin especially if they are situated in underserved and low income communities.They will not be able to accept Bitcoin for buying groceries and paying for services or even using it to make online purchases.

We can’t actually tell if the promotion of bitcoin will move to adaption 10 years from now. Yes, there could be increasing number of financial institutions that already recognized about bitcoin, but still majority of the world governments have still not accepted bitcoin as a currency, although the legalization of bitcoin has successfully done. As long as bitcoin remains decentralized, I don’t think this will come to possibility. Knowing the government won’t certainly adapt if they can’t totally control it in return, that’s how greedy the government is, or shall I say the officials sitting in their respective positions.

that is what I also expected haha

maybe op did not feel confident talking about bitcoin back then but all shared are still surface-level, basic information anyone can access from the internet. maybe spend more time and gather more personal and specific opinions to share here in the forum

Bitcoin is a public ledger that is built by blockchain technology. A digital ledger can be built by other technologies which are not necessary be blockchain and there is things like DAG as well.
DAG: Directed Acyclic Graph

Global financial problems are big enough to say, Bitcoin blockchain won't be able to solve these problems or other bigger things. Bitcoin is a borderless digital decentralized currency but it won't solve all kinds of problem on this planet in all countries. There will still be people who won't be able to access Bitcoin.

Yes, it is true that bitcoin is almost known to some of the world's population, but there are still those who do not want to participate in the technological development and progress of blockchain and digital money (bitcoin), regarding the problem of being a legal means of payment, I think this discourse is the hope of all Bitcoin holders, however as we know the government will never agree to that, and bitcoin will always be an investment tool other than gold

Bitcoin is already found everywhere, only that we haven't seen a massive support from most of the governments In it's use because they don't want to approve what will not give them power to control or regulate, but many people have taken great benefits from the use of this decentralized digital currency, it's a means of exchange and an acceptable digital asset and investment, we only expect for the governments massive adoption between now and more subsequent years to come.

You did well to had said things about Bitcoin but all being said is as you narrated the history and development of Bitcoin.
The title of your thread would had been best to say you have now understood what Bitcoin is about because I was actually expecting you to say something unique or you are testifying on your experiences encountered on Bitcoin.

On January 3rd 2009, Satoshi Nakamoto created the Bitcoin network as a form of cryptocurrency. It was the first time in the history of money that someone was introduced a form of money that is absolutely intangible, does not exist in a any physical form; which means that it was introduced as a form of money can be used as a means of exchange yet can not be touched or physically felt.

More importantly, Bitcoin was introduced as a form of money that is completely decentralized. Bitcoin network was introduced as a system of money that totally forbids any form of control by governmental or private institutions including the brain or brains behind it's existence. Bitcoin was created to run on a digital ledger called the  blockchain technology.

This system of money was completely new to human existence when it was first introduced as there's never been a similar system of money that was ever adopted as a means of exchange and that was why many people who got the knowledge of Bitcoin at it's early stage of existence never believed that it was going to be a successful project. It was because of the numerous uncertainties surrounding the possibility of the digital coin to succeed that made many people who got the first hand information about Bitcoin to  neglect it even when it would've cost them very little or no money to own hundreds and thousands of bitcoins then.

Despite the doubt by majority of the people who were introduced to Bitcoin as it's earliest stage about the possibility of the coin to achieve the projected purposes it was created for, Bitcoin went on to defile all odds and successfully become first cryptocurrency project that was approved as a means of exchange and store of value in global market.

Today, Bitcoin is currently used as a means of exchange many countries and provinces of the world and just 15 years after Bitcoin was launched, a piece of Bitcoin is currently a little above 65,000 US dollars. The people who never believed that it'll become a successful project hence failed to invest in it when it was first introduced are now living a life of deep regret.

Bitcoin today is considered as the future global currency because of it's ability to solve global financial problems like allowing people from different parts of the world to transmit money at will, anywhere in the world and at any given time. Bitcoin is no longer solving the financial problems of 50-80 million people in one particular country instead, it's now solving the problems of more than 7 billion people and that's why Bitcoin network will continue to expand across the globe until it finally becomes a legal system of money in all parts of the world.

Considering the rate at which Bitcoin is spreading across the globe, it might be globally accepted as a means of exchange in all parts of the world in 10 years to come.