Topic: US Congress Meeting On Bitcoin Adoption - page 2. (Read 217 times)
This is a great new on bitcoin as it will lead to massive adoption of bitcoin worldwide. Bitcoin has shown its value in the world today due to its high resistance to inflation and its benefits to investors due to its volatile nature. The US government have come to realize that their fiat currency is no longer worthy to fit in place for bitcoin. This is what will be the fate of bitcoin in future, most countries will adopt bitcoin after they have seen the importance of bitcoin to individuals and stakeholders. Nobody can stop bitcoin from dominating in the nearest future. I guess this news will also help to pump bitcoin price.
Well, they are free to adopt Bitcoin but it must not be imposed (like fiat currencies) on people, as it's a voluntary/freedom Currency/System that is open to all to join and leave at will.
We have considered the possibility of centralized governments adopting Bitcoin as preferred currency for National/Global use & concluded that they'll need to "capture, centralized and control" it in order to make that effective... But it will be impossible for them to realize the CCC because it's under the Power of a more Superior Entity who prefers to keep it decentralized. The only option left for them is to use Bitcoin the way it is, & that will mean using it like everyone else. Those who want government controlled currencies could modernize the existing fiat currencies, create new ones or adopt false "cryptocurrencies" like those based on PoS.
We have considered the possibility of centralized governments adopting Bitcoin as preferred currency for National/Global use & concluded that they'll need to "capture, centralized and control" it in order to make that effective... But it will be impossible for them to realize the CCC because it's under the Power of a more Superior Entity who prefers to keep it decentralized. The only option left for them is to use Bitcoin the way it is, & that will mean using it like everyone else. Those who want government controlled currencies could modernize the existing fiat currencies, create new ones or adopt false "cryptocurrencies" like those based on PoS.
It's happening in US as stakeholders, industries officials, senate members and US Congressmen with other official delegates meet on a summit about bitcoin policy in other to discuss on various matters on bitcoin adoption and how they could engage every involved parastatals, stakeholders and individuals to the understanding of what bitcoin offers to the economy and how they can deliberate on taking further actions and necessary steps for bitcoin adoption
On the same note, a Mexican Senator named Indira and Samson Mow are also taking a session to give more light on the beed for bitcoin adoption and thus time not only to every Mexican alone but to circulate allover the world in their own view. https://twitter.com/BitcoinMagazine/status/1650950891900485632?t=-engdzcw2frJNQ_uNWL5ew&s=19 it is believed that we can rise more countries and nations to join El-Savador and Central African Republic from bitcoin adoption.
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I've come across many threads and articles where people made mention of US as one of the countries where bitcoin ban is effective while some go against it and not being a fact, some also have argued that bitcoin ban is going to take effect in US because of the mining challenges related to environmental degradation, but on this current development, we can all see boldly the side which is about to take hold and how bitcoin had been approached from a focal perspective that gained other's interest for it adoption in US, i also believe that by now, bitcoin is becoming an irresistible preference by all for globalization and adoption which is one of the cause to holding such congress to enlighten others about bitcoin adoption.
On the same note, a Mexican Senator named Indira and Samson Mow are also taking a session to give more light on the beed for bitcoin adoption and thus time not only to every Mexican alone but to circulate allover the world in their own view. https://twitter.com/BitcoinMagazine/status/1650950891900485632?t=-engdzcw2frJNQ_uNWL5ew&s=19 it is believed that we can rise more countries and nations to join El-Savador and Central African Republic from bitcoin adoption.
source
I've come across many threads and articles where people made mention of US as one of the countries where bitcoin ban is effective while some go against it and not being a fact, some also have argued that bitcoin ban is going to take effect in US because of the mining challenges related to environmental degradation, but on this current development, we can all see boldly the side which is about to take hold and how bitcoin had been approached from a focal perspective that gained other's interest for it adoption in US, i also believe that by now, bitcoin is becoming an irresistible preference by all for globalization and adoption which is one of the cause to holding such congress to enlighten others about bitcoin adoption.
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