Bitcoin (BTC) is absolutely going to work for anyone if they know how to spend it. Treasuries are literally competing with Bitcoin. People are now wondering if they are doing the right thing by holding their money in the bank.
Dan Hedl tweeted: “I’d like to take the time to thank the Bitcoin developers and Cypherpunks that made Bitcoin what is today: – Satoshi Nakamoto – Hal Finney – Nick Szabo – Greg Maxwell – Adam Back – Wei Dai – David Chaum A sincere thank you.”
In response, one of them stated, I think there is no Satoshi; it’s a mask. But the names mentioned except Satoshi, I think, are the ones who created Satoshi. Many felt that the Dan Hedl tweet is the truth about BTC.
Many of them expressed that they were thankful to whomever convinced them to buy Bitcoin in the first place. The good of all “Zero” Bitcoin were printed to finance the government actions.
Bitcoin was the first to solve all the errors in prior implementations related to coming up with a digital currency. Whatever Bitcoin solved was not an easy problem to solve.
Despite added information from another crypto curious commentator was “Dr. Stuart Haber and his colleagues Invented Blockchain in the early 1990s.”
Sydney Ifergan, the crypto expert, tweeted: “Regardless of the origins of Bitcoin (BTC) and who solved it, as someone rightly said that Bitcoin is a peaceful protest.”
To date, governments do not have the authority to classify, regulate, or tax cryptocurrency. BTC was not created by any governance or private company under their jurisdiction.
Bitcoin (BTC) Targeted by Government Agencies
Bitcoin is continually being targeted by the government agencies. They are already doing a lot to track Bitcoin transactions. This, in turn, has created a strong incentive to switch over to private cryptocurrencies.
With innovative access happening in digital cryptocurrency, it is becoming vital to have cybersecurity to protect Bitcoin investors.
Counter opinions about Bitcoin read that BTC is the digitization of poverty to the majority, permitting wealth only to the happy hodlers. Long way to go for Bitcoin for the average layman. Perhaps a lot of stuff should happen if it should be used as a mode of transaction of value by everyone in the world.
Bitcoin as a global currency is something that should happen with people across borders being amicably okay to transact with each other. Whether governments will allow Bitcoin to dominate is something we need to see in times to come.
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