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Topic: One overlooked factor. (Read 30 times)

hero member
Activity: 812
Merit: 560
May 18, 2023, 09:58:12 AM
#2
I was just wondering, one reason that has been overlooked as to why BTC has remained a dominant value of exchange to those who have come to accept it is, the advent of the internet and the idea of cryptocurrencies being on a block chain network which operates on the internet or online as fondly called.

There's no how you can made mention of cryptocurrency any where without first considering bitcoin in anything, not because it's the first cry in the world but because it's the only most acceptable and reliable digital currency in cryptocurrency that has maintained it value over 14 years ago, other cryptocurrencies are pirate copy of the first digital currency bitcoin.

As long as institutions in the country are dependent on the internet or web to transact and carry on with daily trades and commerce, cryptocurrencies would remain a feature that would  keep getting audience and users.
No matter how the government tries to ban or limit the use of cryptocurrencies, the main option should be to stop the internet from functioning. I bet this can't happen, as the disaster bound to happen would be tremendous.

Government cannot stop bitcoin, if not they would have done that along the ago, they have although make every necessary moves to achieve that but all avail not because bitcoin has maintained it standard and also meet the target required needs of the people.
jr. member
Activity: 100
Merit: 4
May 17, 2023, 05:48:38 PM
#1
I was just wondering, one reason that has been overlooked as to why BTC has remained a dominant value of exchange to those who have come to accept it is, the advent of the internet and the idea of cryptocurrencies being on a block chain network which operates on the internet or online as fondly called.

As long as institutions in the country are dependent on the internet or web to transact and carry on with daily trades and commerce, cryptocurrencies would remain a feature that would  keep getting audience and users.
No matter how the government tries to ban or limit the use of cryptocurrencies, the main option should be to stop the internet from functioning. I bet this can't happen, as the disaster bound to happen would be tremendous.
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