Topic: What your ideas about bitcoin adoption in the future? (Read 1398 times)
Bitcoin is growing so fast and people are knowing it day by day. If we see, we can withdraw our valuable Bitcoin through POS machine. It is using for shopping, as a payment methods. Investors are getting profits and traders are also generating good amount of money through Bitcoin trading. People are able to play gamble with Bitcoin. It is a decentralized digital currency that people are trusting now. So day by day people will adopt it in their daily life to get advantages from it.
That's the problem right here. People on this forum every day coming to do so many daily posts, purportedly supporting Bitcoin and using it, and then they're saying no one uses Bitcoin in their country... what do you do with all of your campaign earnings? Not use them? Even depositing them somewhere and selling them for rupial is using it, albeit at the most basic level.
I've yet to find someone put in jail for using Bitcoin -- what's illegal is to offer trading services, but no way they're going after P2P.
I am still very new to the bitcoin world and of course there are many questions I still need to ask this community about bitcoin to clear up any confusion.
Bitcoin is a new type of currency that is constantly evolving. Many new ideas about its use as a means of payment will be discovered and perhaps this revolution will continue to escalate. Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?
looking at your post history, it looks like we are from the same country...Bitcoin is a new type of currency that is constantly evolving. Many new ideas about its use as a means of payment will be discovered and perhaps this revolution will continue to escalate. Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?
it is true that our country does not make bitcoin a legal tender because the rules about it have been regulated in a law "that bitcoin can only be categorized as an investment asset, not a payment". but we can wait for it, I believe in the future, when the push about the mass adoption of bitcoin and crypto gets more volatile then we will freely use bitcoin as payment for everyday purchases or even expensive goods.
So far, I've only made purchases via Bitcoin a few times and everything I do is P2P, you can easily find sellers who accept bitcoin payments on social media like Facebook and even this forum itself, but look at their reputation and try to use an escrow service if needed.
I think that in the future it is deemed necessary for every country to be able to adopt a digital currency such as bitcoin, because I consider that this digital currency (Bitcoin) is an alternative payment instrument that is very easy to use for some entrepreneurs in paying salaries, and also easy to use. transact projects in different countries,
Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
I don't know where you got information about Indonesia People using Bitcoin. Because in every corner of this country nothing is more valuable than Rupiah, if a law enforcer found you using another currency except the rupiah, jail is waiting for you.Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
That's the problem right here. People on this forum every day coming to do so many daily posts, purportedly supporting Bitcoin and using it, and then they're saying no one uses Bitcoin in their country... what do you do with all of your campaign earnings? Not use them? Even depositing them somewhere and selling them for rupial is using it, albeit at the most basic level.
I've yet to find someone put in jail for using Bitcoin -- what's illegal is to offer trading services, but no way they're going after P2P.
Oh, and I was in Indonesia just this month, and this is right smack in the public eye:
Has been for a long time, don't see those owners in jail...
Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.
Unfortunately, the countries that adopt bitcoin are not countries with a strong economic level, so their influence is less strong on widespread adoption. and because many people saw the opportunity to profit from bitcoin by trading or investing, then a shift from its main function as a currency occurred, but this is actually more and more people who are curious about bitcoin and eventually adopt it for incomeUnfortunately, decentralisation would always be viewed by centralization for an enemy.
In all, bitcoin would surely return back to its original purpose as a currency for exchange of goods and services. Maybe afterthought last bitcoin is mined but until then, we would continue to work it as it is.
After all, countries with serious inflation issues have there citizens invest in buying dollars.
Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.
Unfortunately, the countries that adopt bitcoin are not countries with a strong economic level, so their influence is less strong on widespread adoption. and because many people saw the opportunity to profit from bitcoin by trading or investing, then a shift from its main function as a currency occurred, but this is actually more and more people who are curious about bitcoin and eventually adopt it for income Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.
Not sure what you're on about.
You don't need to want Bitcoin adoption to use it.
You don't need to be "legalised" by your country to use Bitcoin.
Bitcoin is not legal tender in almost every single country in the world (only El Salvador, CAR and virtually yes in Japan come to mind) but you also don't need it to start using it and accepting it, as you mentioned.
I don't think it's so much tech advancing that'll increase the rate of adoption, but the ease and simplicity of using it.
I think that in the future it is deemed necessary for every country to be able to adopt a digital currency such as bitcoin, because I consider that this digital currency (Bitcoin) is an alternative payment instrument that is very easy to use for some entrepreneurs in paying salaries, and also easy to use. transact projects in different countries,
Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
I don't know where you got information about Indonesia People using Bitcoin. Because in every corner of this country nothing is more valuable than Rupiah, if a law enforcer found you using another currency except the rupiah, jail is waiting for you. Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.
Bitcoin usage will continue to increase as we start to put more pressure on the current financial system. We are definitely headed towards a future that is very different than the one we live in today. Bitcoin adoption will not end in 2022, but its adoption will gain momentum in the years to come. The Bitcoin blockchain, and the technology of the crypto-economy, will continue to mature and evolve, and this will impact the way we interact with the "digital" economy in the future. As a result, the increased Bitcoin adoption in a traditional environment will help to pave the way for future adoption in new and innovative ways.
I see the full/mass adoption of Bitcoin eminent. If we had the opportunity to return to this world many years later, we might not recognise where we left it; it would be surprising and amazing to witness that minor stuffs such as writing pen would be paid for with Bitcoin.
I think that in the future it is deemed necessary for every country to be able to adopt a digital currency such as bitcoin, because I consider that this digital currency (Bitcoin) is an alternative payment instrument that is very easy to use for some entrepreneurs in paying salaries, and also easy to use. transact projects in different countries,
Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
And this is one of the developments that must occur, every country should be able to develop to be able to adopt this digital money, more precisely Cryptocurrency (Bitcoin), with this many people will be able to use it as a means of payment, especially for an entrepreneur and they are also engaged in this Cryptocurrency field too.Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
And I think for some governments or countries that still don't legalize Cryptocurrency or they still think that this is illegal digital money, they should understand this Cryptocurrency first and it seems that many countries will legalize this Cryptocurrency. And this will really help people who do have Crypto assets, of course, both in transactions and wanting to interact with other Crypto Asset holders.
BTC adoption in the future will have to come at a cost of some core values BTC has. There will have to be some give for some get, and the major thing is government regulations that would give more security towards users. And that will come as more transparency.
Thanks to government regulations, they can complicate things, and can prohibit access to bitcoin much more, and since they have access to deny certain dns, is there another way to use btc outside of the usual? Electricity and internet?There is something that has caught my attention is if through Bitcoin we could use it without the need for internet, there are many projects that are being developed but none have managed to become effective, I would like us to be able to use bitcoin just by making a call or an sms, this can be offered maybe using satellite technology if it adapts, this is one of the things that could be in the jobs that we need.
The researchers who have taken this initiative into account have not been able to develop something that really solves them, if it is with gdata transfer through packages it should not be so difficult, I think that the difficult part is the mining part, perhaps with the energy clean you can have better results right?
Bitcoin usage will continue to increase as we start to put more pressure on the current financial system. We are definitely headed towards a future that is very different than the one we live in today. Bitcoin adoption will not end in 2022, but its adoption will gain momentum in the years to come. The Bitcoin blockchain, and the technology of the crypto-economy, will continue to mature and evolve, and this will impact the way we interact with the "digital" economy in the future. As a result, the increased Bitcoin adoption in a traditional environment will help to pave the way for future adoption in new and innovative ways.
I see the full/mass adoption of Bitcoin eminent. If we had the opportunity to return to this world many years later, we might not recognise where we left it; it would be surprising and amazing to witness that minor stuffs such as writing pen would be paid for with Bitcoin.
I am still very new to the bitcoin world and of course there are many questions I still need to ask this community about bitcoin to clear up any confusion.
Bitcoin is a new type of currency that is constantly evolving. Many new ideas about its use as a means of payment will be discovered and perhaps this revolution will continue to escalate. Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?
Bitcoin is a new type of currency that is constantly evolving. Many new ideas about its use as a means of payment will be discovered and perhaps this revolution will continue to escalate. Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?
I think that in the future it is deemed necessary for every country to be able to adopt a digital currency such as bitcoin, because I consider that this digital currency (Bitcoin) is an alternative payment instrument that is very easy to use for some entrepreneurs in paying salaries, and also easy to use. transact projects in different countries,
Although the Government still views Bitcoin as an anti-legal currency and an illegal currency, in fact, citizens still use Bitcoin.
Based on the utility and scarce amount of Bitcoin, it holds great potential.
That's true, this potential has the capability to influence change but cannot be changed by fiat economy, bitcoin is built on a network protocols that supercede local currencies and the value created with this digital currency is extraordinarily superb such that it does not deminish with time, bitcoin has come and its staying for live, this is the only currency that has succeeded after the introduction of fiat and make hold.
BTC adoption in the future will have to come at a cost of some core values BTC has. There will have to be some give for some get, and the major thing is government regulations that would give more security towards users. And that will come as more transparency.
Thanks to government regulations, they can complicate things, and can prohibit access to bitcoin much more, and since they have access to deny certain dns, is there another way to use btc outside of the usual? Electricity and internet?There is something that has caught my attention is if through Bitcoin we could use it without the need for internet, there are many projects that are being developed but none have managed to become effective, I would like us to be able to use bitcoin just by making a call or an sms, this can be offered maybe using satellite technology if it adapts, this is one of the things that could be in the jobs that we need.
The researchers who have taken this initiative into account have not been able to develop something that really solves them, if it is with gdata transfer through packages it should not be so difficult, I think that the difficult part is the mining part, perhaps with the energy clean you can have better results right?
Based on the utility and scarce amount of Bitcoin, it holds great potential.
That's true, this potential has the capability to influence change but cannot be changed by fiat economy, bitcoin is built on a network protocols that supercede local currencies and the value created with this digital currency is extraordinarily superb such that it does not deminish with time, bitcoin has come and its staying for live, this is the only currency that has succeeded after the introduction of fiat and make hold.
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What your ideas about bitcoin adoption in the future?
I see a lot of things very simple in my life and I don't think we have to make it complicated. And people want it simple and fast, which is the successful concept from apple. Make it simple! And I think that is a key to bitcoin becoming more successful and many more people to use it. There are other good reasons for bitcoin, but if you want to reach the masses of people, it muust be simple.I think bitcoin isn't that simple but you need some knowledge to operate it although it is possible to explain it to someone else in a less complicated way, as long as those people already have some knowledge which can be used to operate a btc.
I am still very new to the bitcoin world and of course there are many questions I still need to ask this community about bitcoin to clear up any confusion.
Bitcoin is a new type of currency that is constantly evolving. Many new ideas about its use as a means of payment will be discovered and perhaps this revolution will continue to escalate. Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?
Even if there are countries or people who have not yet redeved fully bitcoin, but rest assured this is an alternative to the problem of current economic complexity. When viewed further, Bitcoin Adoption has developed far, and has placed as a legality to legalize as a means of payment, bitcoin visionary can hypnotize many people to do parts in it, so it's not so strange why bitcoinin continues to grow up now. Countries that can see opportunities will continue to improve this as an appropriate decision as an alternative problem, based on the consideration and rules set Bitcoin is a new type of currency that is constantly evolving. Many new ideas about its use as a means of payment will be discovered and perhaps this revolution will continue to escalate. Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?
FED
I would prefer HODLING at the moment. As I have not invested more than I could afford to lose, so even if the prices go down I won’t be affected financially.
I would prefer HODLING at the moment. As I have not invested more than I could afford to lose, so even if the prices go down I won’t be affected financially.
In deed, it is a right strategy to hold this precious asset with patience and wait for return of bull market and I am optimistic that Bitcoin will hit $100,000 in the next bull run. For the time being ,Bitcoin market is likely to remain sluggish until world economy starts recovering which is likely to happen when inflation starts coming down & FED stops raising interesting rates .
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