Topic: Our faith in bitcoin(can it be passed to our next generation) (Read 110 times)
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Bitcoin is not for one person alone, and Bitcoin is not for everyone. The reason why I said Bitcoin is not for everyone is because, In the population of Nigeria or other countries, not every citizen will agree to accept or adopt Bitcoin. Bitcoin is a blockchain-based technology, and not everyone can accept or believe in that technology, but that doesn't mean that some people will not still believe in it and can also convince others to do so. The way some people believe more in real estate and would convince some of their fellows to do so, that's also how some Bitcoin investors in the country would believe in Bitcoin and could also convince some of their fellows to do so as well. Everybody has the choice of their investment; real East investment is not as volatile as Bitcoin investment that's why some people like it that way because they believe it provides them with minimal risk compared to Bitcoin.
Abeg make we come talk am wetin we fit do wey go make bitcoin more popular wey be say e fit pass down to our coming generation
I go like hear wetin everybody get to say...
The only thing I believe we can do is to keep believing in Bitcoin for what it is and what it has proven itself to be, the concept of scarcity ( limited supply ) of coins as the years go by will bring about increase in demand, and this demand will increase year after year by generations to come as Bitcoin gets approved by nations.
Also this scarcity will not only increase its demand but will influence its price too by raising it. Considering the merits of lightning network in our next generation one of which transactions would be validated in millisecond.
I think Bitcoin adoption would be passed to generations to come.
With massive adoption of bitcoin, it will surely be there for our generation because so many investors have seen that bitcoin is superior to fiat currency in terms of inflation. So they have started using it as a store of value to save their money from depreciation. Bitcoin has good potential and I don't think that anything can bring the price to zero. If the price of bitcoin dumps,this is how it is designed because the price of bitcoin is being controlled by demand and supply. Imagine gold had been existing since ancient of days because of its value,I believe that this is how bitcoin too will survive due to its high value and high volatile nature.
D tin be say bitcoin na the koko of all the cryptocurrency wey we know, if we no get faith for bitcoin we no for join this platform. Plenty seniour men don talk about the bitcoin halving wey go soon come and they tell us make we prepare, even my chairman brainboss for e other thread been talk say make we make sure we try get security in Bitcoin as na the only reliable cryptocurrency be dat and no be joke. The way i dey see am i i know say one day i go sit down tell my children my journey on bitcointalk forum.
Know that if bitcoin price fall, it is another opportunity for many people to buy. The greatest asset of all time which is gold which is the largest asset in marketcap still have time that it will fall and a time that it would increase. Although gold is not as volatile as bitcoin which can be related to higher marketcap. Bitcoin marketcap is lower than what it would have been in many years from now.
It is also worth knowing that Nigeria is among the fist 10 countries with the highest bitcoin adoption. Nigeria ranks among top 10 countries in crypto adoption globally – Report
It is also worth knowing that the more the marketcap and adoption, the less likely the volatility.
Abeg make we come talk am wetin we fit do wey go make bitcoin more popular wey be say e fit pass down to our coming generation
Only what is need is the adoption, as it goes on, more people will invest in bitcoin. The fiat is getting devalued, this will also encourage people to continue to invest in bitcoin.It is also worth knowing that Nigeria is among the fist 10 countries with the highest bitcoin adoption. Nigeria ranks among top 10 countries in crypto adoption globally – Report
It is also worth knowing that the more the marketcap and adoption, the less likely the volatility.
E get wetin I want make we talk am for this our local board, I want know this faith we get for bitcoin wey make us come together for this forum.
I want know with the way things dey happen now if bitcoin go still pass down to our generation. Imagine bitcoin from 60k$(+) come fall down to 15k$ now e don come up to about 30k$, with this thing wey eye don see e sure if others go come carry there money buy bitcoin, I don see many people wey dey compare Bitcoin and Real estate dem dey already conclude say bitcoin go crash one day but us wey dey here no dey see am like something wey go crash anytime.
Abeg make we come talk am wetin we fit do wey go make bitcoin more popular wey be say e fit pass down to our coming generation
Nevertheless, the next generation's open-mindedness and adaptability to technological advancements will play a crucial role in shaping the future of Bitcoin and its impact on our world.
I go like hear wetin everybody get to say...
I want know with the way things dey happen now if bitcoin go still pass down to our generation. Imagine bitcoin from 60k$(+) come fall down to 15k$ now e don come up to about 30k$, with this thing wey eye don see e sure if others go come carry there money buy bitcoin, I don see many people wey dey compare Bitcoin and Real estate dem dey already conclude say bitcoin go crash one day but us wey dey here no dey see am like something wey go crash anytime.
Abeg make we come talk am wetin we fit do wey go make bitcoin more popular wey be say e fit pass down to our coming generation
Nevertheless, the next generation's open-mindedness and adaptability to technological advancements will play a crucial role in shaping the future of Bitcoin and its impact on our world.
I go like hear wetin everybody get to say...
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