Topic: Where is the value reflected? - page 2. (Read 579 times)
The benefits of cryptocurrencies should be felt more by the public. With so many positive news about crypto, it indicates that people are starting to accept its presence so that it is reflected in everyday life. ranging from payments, news and Blockchain development innovation. when that happens, maybe this world will change for the better
The fact that cryptocurrency is accepted for payment for goods and services is certainly very good, since this is what increases the value of cryptocurrencies, but there is one but. For the mass adoption of crypto and increase in value, it is necessary that the cryptocurrency can be used in all stores in the world, especially grocery stores, as well as in cafes and restaurants. The fact is that if, for example, you can buy a Tesla car for BTC, then this is only a small part of people who will take advantage of this opportunity, but if you could come to the supermarket for BTC and buy food, then this probably increased the value of BTC immediately several times. But no matter how it was, let's hope that all this will happen in the near future.
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In crypto-friendly countries, crypto-currency payments are in high demand. you are afraid to use cryptocurrency as payment, surely because your country prohibits making payments with cryptocurrency. i really like making payments with cryptocurrency because it is more efficient, easy and cool.this is not a question of being afraid of the government or being considered cool or not, this is a personal matter with my principles because I think I love my bitcoin assets too much so I prefer to pay using real money or fiat to buy something.
Institutional investments in Bitcoin, where it's viewed as an asset, are one thing, and accepting BTC as payment for clothes is another. I think we need more of the latter than the former because the in case of the former, the only thing people care about is profit, and they'll ditch Bitcoin easily because they don't care what it offers and represents. In case of payments, however, we're talking about making Bitcoin more available as money, and that's oriented on people who actually view it as a type of money and are willing to spend it.
Why would you like to see more crypto-friendly merchants if you won't use it for payment?
I am not entirely sure if that’s true. I do agree that getting bitcoin accepted for clothes is a good thing, that's how bitcoin will grow all around the world, clothes is an example but if all the online business' in the world start accepting bitcoin then we are definitely going to see a lot of changes in the world, however that also means that we are going to end up with a lot of buys and sells and some people may end up selling whatever they get from their sales. Whereas in the investment world I have seen people holding stuff for 50+ years, if they are making profit from it, then why sell it?Why would you like to see more crypto-friendly merchants if you won't use it for payment?
You and I may end up selling to use that for something, but these are billionaires who only care about how much they have on paper, not like they need to sell it and pay the bills, they already have millions upon millions in liquid cash for their expenses, this is just a way for them to buy and hold and increase their number on paper, same goes with stocks, Warren Buffet has been holding coca cola stocks for decades now, do you think he ever plans to sell it for profit? No way.
Maybe out there there are still many small shops that we have not exposed to the public where they are learning to implement a payment system using Bitcoin. If the government has played an active role in supporting payments with crypto as in the countries you have mentioned. I think they should further expand their store sector in the form of circular information and be equipped with special guidelines for carrying out crypto transactions. This of course must refer to several selected goods, well-known brands, and the durability of aesthetic values both in terms of quality and quantity of an item.
In my own opinion cryptocurrency is one of the risky and unstable currencies, but in terms of value, why BTC is valuable is because the community accepts the consensus price and increases the price. The value of BTC goes up. so it is impossible to predict exactly what the price of BTC will be. It all depends on the market and the trading community, they buy and hold a lot of BTC will increase in value, they sell a lot and sell out BTC. se decreases in value, it's really hard to talk about this.
The growing community makes bitcoin continue to shine, moreover more and more large companies are investing in bitcoin so that the demand in the market continues to increase and this makes us worthy of making bitcoin the first choice in investment.
In my own opinion cryptocurrency is one of the risky and unstable currencies, but in terms of value, why BTC is valuable is because the community accepts the consensus price and increases the price. The value of BTC goes up. so it is impossible to predict exactly what the price of BTC will be. It all depends on the market and the trading community, they buy and hold a lot of BTC will increase in value, they sell a lot and sell out BTC. se decreases in value, it's really hard to talk about this.
The growing community makes bitcoin continue to shine, moreover more and more large companies are investing in bitcoin so that the demand in the market continues to increase and this makes us worthy of making bitcoin the first choice in investment.
Germany allows certain institutional funds to invest in cryptocurrencies, and institutional investors can invest up to 20% of their holdings in Bitcoin and other cryptocurrencies.
https://zycrypto.com/german-law-that-could-potentially-see-415-billion-flowing-into-cryptocurrencies-becomes-effective-next-monday/
This means that more institutions will enter the market and raise the price of the currency. For example, Bitcoin can further preserve its value and achieve the purpose of anti-inflation.
https://zycrypto.com/german-law-that-could-potentially-see-415-billion-flowing-into-cryptocurrencies-becomes-effective-next-monday/
This means that more institutions will enter the market and raise the price of the currency. For example, Bitcoin can further preserve its value and achieve the purpose of anti-inflation.
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
Institutional investments in Bitcoin, where it's viewed as an asset, are one thing, and accepting BTC as payment for clothes is another. I think we need more of the latter than the former because the in case of the former, the only thing people care about is profit, and they'll ditch Bitcoin easily because they don't care what it offers and represents. In case of payments, however, we're talking about making Bitcoin more available as money, and that's oriented on people who actually view it as a type of money and are willing to spend it. The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
Why would you like to see more crypto-friendly merchants if you won't use it for payment?
I am very happy to see more and more people adopt it every day. I remember this brand. I logged into their brand's official website. They accept 15 cryptocurrency payment methods. As a luxury brand, I think their approach is Driving the trend of cryptocurrency, because clothing is a must-have for people and there are a wide range of customers. As they gradually learn about Bitcoin, the demand for Bitcoin will continue to increase.
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
I don't understand this, why do you want merchants to accept bitcoin when you are not ready to spend it to buy their products? If you simply want them to adopt because the prices are going to be increased when it happens then at some point the bubble will burst. Anyhow when companies starts accepting then majority will spend on it then it will help the adoption not you buddy!
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In crypto-friendly countries, crypto-currency payments are in high demand. you are afraid to use cryptocurrency as payment, surely because your country prohibits making payments with cryptocurrency. i really like making payments with cryptocurrency because it is more efficient, easy and cool. For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
And this is why it will never happen for a long time. The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
You want to see more merchants having the option to accept cryptocurrencies as payment but yet you as a customer will not use it.
So why? If I am a merchant why should I even take the effort to open a different payment option? I'll just use cash and credit cards instead then I won't have any problem with risk and volatility.
Both ends have a problem. Merchants and customers. You don't want to spend it, merchants don't want to risk it. Who will take the huge step for adoption?
Shouldn't this depend on your own thoughts? I am just explaining my own method. I am not trying to give advice to others. I will not give them such advice.
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
I don't understand this, why do you want merchants to accept bitcoin when you are not ready to spend it to buy their products? If you simply want them to adopt because the prices are going to be increased when it happens then at some point the bubble will burst. Anyhow when companies starts accepting then majority will spend on it then it will help the adoption not you buddy!
I do think we are forgetting the fact that, the more these institutes starts engaging themselves in cryptocurrencies the more it will be liable to manipulations. What we have learned from the past few months is that cryptocurrencies needs *security* from people like Elon Musk, who manipulates the market using social media and still walks freely. I do believe we need stricter laws and better investment policies, so that they don't make cryptocurrencies like bitcoins a tool.
Other than that it's an amazing news, I am familiar with the brand myself. It's really great to see people finally getting a hang of it. This is inevitable that more merchants will follow. The price will rise for sure.
Other than that it's an amazing news, I am familiar with the brand myself. It's really great to see people finally getting a hang of it. This is inevitable that more merchants will follow. The price will rise for sure.
How many people can be affected, how much capital can be leveraged, how many companies can be helped to develop, and how much development will be made to the economy.
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
And this is why it will never happen for a long time. The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
You want to see more merchants having the option to accept cryptocurrencies as payment but yet you as a customer will not use it.
So why? If I am a merchant why should I even take the effort to open a different payment option? I'll just use cash and credit cards instead then I won't have any problem with risk and volatility.
Both ends have a problem. Merchants and customers. You don't want to spend it, merchants don't want to risk it. Who will take the huge step for adoption?
It makes a lot of sense for retirement funds to be investing in cryptocurrencies, and for regulators to be open for that.
Short term speculation is probably the killer of bitcoin adoption, and something that regulators should disincentivise through taxation policies. Long term holding of cryptocurrencies as a store of value should be encouraged.
In my country, there is a 50% Capital Gains Tax discount available if you hold BTC for more than 12 months - I know the U.S. has the same. Retirement funds essentially lock in these investments for even longer periods and there should be special tax treatment to them too.
Short term speculation is probably the killer of bitcoin adoption, and something that regulators should disincentivise through taxation policies. Long term holding of cryptocurrencies as a store of value should be encouraged.
In my country, there is a 50% Capital Gains Tax discount available if you hold BTC for more than 12 months - I know the U.S. has the same. Retirement funds essentially lock in these investments for even longer periods and there should be special tax treatment to them too.
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
It means that you have plans to use bitcoin as an investment alone? If so, you are not alone. I am the one who never prefer to spend bitcoins for day-today life but want to save bitcoins for my retirements or for my grandchilren.what still needs to be strengthened is the regulatory level.
I do not think so; a centralized thing never needs regulation. As we got practiced to centralized services, we are always imagine that regulated are better and problem free but when considered to privacy and security related benefits, then we all need decentralized ones which may not bind to regulations. 
Cryptocurrency is a vulnerable asset, so it’s difficult to set people's mind about buy any physical product by crypto-currencies, because it’s can be rising in future then present so everyone wants to hold their cryptos then how can be cryptocurrency use against paper money?
Crypto has not yet become legal in all countries if crypto is allowed by the governments of all countries, then everyone will be able to transact with bitcoin like paper notes then bitcoin will be considered as a currency instead of money. In many countries of the world transactions and payments are done with bitcoin will become more popular all over the world if the price is high. -snip-
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
You want to see more merchants accepting cryptocurrencies, but you won't be using it for making payments. Then wouldn't that just put off merchants from wanting to adopt/accept the cryptocurrencies? It's totally understandable as to why you don't want to use bitcoin to make payments, but the more the people use it, the more the world will be accepting towards cryptocurrencies. As people become more accepting, we will be see rapid development where solutions to the current problems with crypto currencies can be found. And with this, we will see the true value of crypto currencies reflect.For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
Bitcoin's crypto volatility and appreciation space are greater than most commodities on the market. When my daily expenses are within my abilities, I think I can keep Bitcoin.
When I saw these good news about accepting Bitcoin, I think it has increased the popularity of Bitcoin. People in luxury goods or other fields can understand and know Bitcoin. This is naturally a good thing for the encryption field. I do not influence the ideas of others. Not all suggestions in this market must be accepted.
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