In the ever-evolving world of blockchain, Bitcoin stands as a pioneer, a symbol of financial innovation & a tool for freedom. However, some believe it faces its fair share of challenges and adversaries. We want to know your perspective on what poses the greatest threat to Bitcoin's growth and stability.
Government Regulation16.7%
Traditional Banking System16.7%
Cybersecurity Threats0.0%
Volatility0.0%
Lack of Understanding/Adoption58.3%
₿ is indestructible & unfazed8.3%
24 votes \ poll ended
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Are You more content with commercial adoption than last time we spoke (around half a year ago I guess)? I am following the BTC maps stats and it's growing slowly but steadily. I can't evaluate this movement as there is a lack of historic data points.
yes, merchant adoption is growing. slowly but steady.
We need more patience. We don't need chaos with panicked merchants wanting now all at once to implement BTC payments.
Education and implementing solutions takes time and patience. And a lot of testing.
Thank You for Your opinion. Here in Spain it's tough. I am ''negotiating'' with my hair dresser (from Marocco). He gets it but than bad influence sets in. Like one of the youngsters is promoting binance or another explaining stablecoins. A lot of confusion...
The situation in non-english speaking places is terrible. The language barrier made Bitcoin very hard to understand.
Especially with spanish speaking places, they were for many years bombarded with false information and shitcoining. All that damage will take many years until will be washed out.
There is change happening and bitcoiner community is growing at an exponential scale
Especially where it is needed
I personally saw it firsthand in turkey, lebanon, kosovo, nigeria
Ah now I get it why it is that confusing over here. And nobody is watching english based education... I am doing my best
Send me your moroccan friend; i will break it down to him in either french or arabic. To which i assume he can comprehend both and spread it back home. Moroccans in morocco needs ₿ especially those who rely on expats transfers and they shell a shit load of remittance fees to get the petro$ converted
Are You near Málaga? His fam lives in Düsseldorf... land of the climate freaks
A few ✈️ flights away
US? Don't worry. I am a retired IRS agent
At least 2 choices are missing from your poll:
. Mainstream Media
. Bitcoiners/Influencers/Maxis
Sadly, many there are Bitcoin enemies, and even more sadly, some don't even realize it.
Who is the first maxi you think of that is hurting bitcoin
Read Nic Carter and you'll understand.
view on twitter.com🙏🏻 will do
taxes can indeed kill the adoption
Not so true 🫣
Lack of development & innovation
That’s why we are all building
I mean the development of Bitcoin protocol and consensus, not an ecosystem around Bitcoin (but it's important too). Slow speed (compared to Ethereum for example) of changes signals that though Bitcoin has a working consensus as a payment system, it barely has a consensus on how to improve and develop it.
Wait hold up, you just compared ₿ with vitalik’s ponzy creation?
I am 💀
People not caring about it.
So lack of understanding/adoption
People understand but don’t care.
They will care more if they understand it
Possibly. If life is too good why would you need this thing called bitcoin?
Because a “good life” without freedom is a fake life
Yeah but most don’t care. Look how much Americans pay in taxes now look how much Europeans pay in taxes now. All this wasteful spending on immoral tax rates yet no one cares. Thus citizens of developed nations pay these tax rates with no pushback
Now if you apply this same logic to bitcoin you can easily see the masses not caring