What sort of restrictions have been placed on it. Regulations normally allow things to gain acceptance providing they're not an outright ban (or near one).
When were people talking about it? Was that recently due to the last spike or has it been ongoing for a while? If it's more recently, are you sure they weren't already talking about it like franky said?
Crypto hype in general has been going on for longer than bitcoin has been a thing imo. Bank security is generally worse than most exchanges that function in cryptocurrency now because of it and a lot of cryptocurrency holders also have more secure assets too because they have no need to trust in anyone else to keep their keys secure (though there'll be people in the market with weaker security too so it's a topic worth researching).
Topic: Why is Bitcoin gaining this much fame despite it's restrictions? - page 4. (Read 425 times)
January 24, 2023, 10:25:06 AM
January 24, 2023, 10:13:14 AM
its like.. "silver car"
once you say it. you see them everywhere on the road.
however 10 minutes ago you were not thinking about cars and so you were not looking or recognising or caring about them when they pass you by on the street
..
over the years i have gone down the same motorway(highway) dozens of times a fortnight. oblivious to my surroundings.
then giving a lift to a friend that is obsessed with fishing. he was pointing out al the rivers, and ponds along the motorway. now i cant stop noticing them.. and im not even into fishing but now its like these fishing spots are everywhere i see loads of them on my travels
once you say it. you see them everywhere on the road.
however 10 minutes ago you were not thinking about cars and so you were not looking or recognising or caring about them when they pass you by on the street
..
over the years i have gone down the same motorway(highway) dozens of times a fortnight. oblivious to my surroundings.
then giving a lift to a friend that is obsessed with fishing. he was pointing out al the rivers, and ponds along the motorway. now i cant stop noticing them.. and im not even into fishing but now its like these fishing spots are everywhere i see loads of them on my travels
January 24, 2023, 10:05:31 AM
why it has been talked about this much and gaining more acceptance in my local community despite it's restrictions in my country
You tell us — we don't even know what country you're in.
is it also gaining this much fame in your environment?
Not really. The bitcoin/crypto hype peaked in 2021 in the country I'm currently in (Philippines), and I'm pretty certain it's pretty much the same for most parts of the world. Not because we had a good price bounce after all the exchange fiasco doesn't necessarily mean bitcoin is gaining fame.
January 24, 2023, 09:53:48 AM
Though I'm new in the cryptocurrency space,I have been hearing so much about crypto ( Bitcoin precisely) lately even before I got registered on the forum and I had to ask this very question because in three days I've heard and seen people talk and discuss about Bitcoin and cryptocurrency in general and it prompted my question wanting to know why it has been talked about this much and gaining more acceptance in my local community despite it's restrictions in my country and is it also gaining this much fame in your environment?
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