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Author Topic: It is certainly going be an increase adoptions in near future.  (Read 5040 times)

Offline MoneRs

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Re: It is certainly going be an increase adoptions in near future.
« Reply #15 on: November 01, 2024, 03:30:30 PM »
Yes, it’s great to see states like Florida considering Bitcoin for their pension funds. This move could greatly enhance Bitcoin's adoption and acceptance, not just in the U.S., but globally. The more institutional interest we see, the more people will recognize the potential of Bitcoin as a viable asset class.

However, it’s crucial that proper education accompanies these initiatives. Many individuals may not fully understand the risks and benefits of investing in Bitcoin, which could lead to losses if they are not informed. Overall, I believe that integrating Bitcoin into traditional financial systems is a positive step towards broader acceptance.

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Re: It is certainly going be an increase adoptions in near future.
« Reply #15 on: November 01, 2024, 03:30:30 PM »

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Re: It is certainly going be an increase adoptions in near future.
« Reply #16 on: November 01, 2024, 07:51:58 PM »
Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.
We're seeing BTC gaining more traction in the economy as a solid investment asset. Governments are now realizing that the risks associated with BTC aren't as big as they thought. In fact, the biggest risk they face is not investing in BTC, especially if BTC becomes incredibly successful and valuable in the future.

Florida pioneering move could soon trigger other US states to follow suit, making BTC a must-have asset for large US funds. This can only happen once we have a US-listed Bitcoin Spot ETF and pension funds are allowed to diversify their portfolios with this asset class. A big shoutout to BlackRock and other ETF issuers for pushing this forward!
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Re: It is certainly going be an increase adoptions in near future.
« Reply #16 on: November 01, 2024, 07:51:58 PM »

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Re: It is certainly going be an increase adoptions in near future.
« Reply #17 on: November 01, 2024, 07:57:38 PM »
In any case, much better than receiving depreciating fiats.
Surely better, especially after it has depreciated during all the working year's of the individual. BTC is definitely not going to replace traditional assets as pension fund, it is too risky in my opinion, but it should be an option alongside traditional assets and hopefully Florida will implement this.
The major cause for concern isn't just about bitcoin replacing traditional assets, that problem can be solved by providing an option for the pensioners to choose how they wish to be paid, either by fiat, bitcoin or any other means.

The challenge here lies in the ability of these pensioners to be able to secure their bitcoins considering the fact that most of them are retired old men and women who are not technologically inclined. Receiving a depreciating fiat would be much better than receiving bitcoins if at the end these pensioners receive bitcoins and still lose them to scammers.

While pushing for the adoption of bitcoin, proper education should also be given to these old people so they can take care of their bitcoins better.



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Re: It is certainly going be an increase adoptions in near future.
« Reply #18 on: November 02, 2024, 01:16:04 AM »
It would take some time, yes, but it does look like mass adoption is ineveitable. I just hope it happens sooner rather than later.

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Re: It is certainly going be an increase adoptions in near future.
« Reply #19 on: November 02, 2024, 06:21:32 AM »
In any case, much better than receiving depreciating fiats.
Surely better, especially after it has depreciated during all the working year's of the individual. BTC is definitely not going to replace traditional assets as pension fund, it is too risky in my opinion, but it should be an option alongside traditional assets and hopefully Florida will implement this.
The major cause for concern isn't just about bitcoin replacing traditional assets, that problem can be solved by providing an option for the pensioners to choose how they wish to be paid, either by fiat, bitcoin or any other means.

The challenge here lies in the ability of these pensioners to be able to secure their bitcoins considering the fact that most of them are retired old men and women who are not technologically inclined. Receiving a depreciating fiat would be much better than receiving bitcoins if at the end these pensioners receive bitcoins and still lose them to scammers.

While pushing for the adoption of bitcoin, proper education should also be given to these old people so they can take care of their bitcoins better.
Adoption of BTC to pension funds seems complementing as this could foster the increase rate of Holders and correspondingly spike it's volatility in price increase.
I'm pretty sure by the end of the US election, most states will adopt to this practice maybe not only on the spot of pension funds but on other economic areas. And no doubt, it will spike other countries in the world to participate.

On the other hand, it will be splendid if these pensioners are given proper education on how to send, receive and place investments with their BTC pension funds to avoid loss. Since they have advanced in age because improper knowledge will lead to loss of assets and consequently lead to high mortality rate of these age grades as a result of heart  attack seeing their pension funds drown into a pit.
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Re: It is certainly going be an increase adoptions in near future.
« Reply #20 on: November 19, 2024, 06:56:12 PM »
Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

Check here for details: https://cointelegraph.com/news/florida-state-cfo-wants-bitcoin-included-state-pension-funds
This is a big win for crypto currency as it moves like this will go a long way to popularize crypto in the heart of many, if this move is considered and implement it will go a long way in sending a strong message to other states in the united state of America who has not yet considered moves like this and even to other part of the world that is yet to embrace crypto currency, it's a right call in the right direction

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Re: It is certainly going be an increase adoptions in near future.
« Reply #21 on: November 19, 2024, 09:42:13 PM »
Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

Check here for details: https://cointelegraph.com/news/florida-state-cfo-wants-bitcoin-included-state-pension-funds

If we are going by the way of the bitcoin recent developments in US, there is more for an ever increasing activities, values and adoption of bitcoin in the region and world at large, we may only have to keep up with it from the way of how we have started now to how its going to be from there henceforth, the people cannot resist the use of bitcoin, while the government mentalities are also challenging for good over the positive aspect of the impact of bitcoin adoption.

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Re: It is certainly going be an increase adoptions in near future.
« Reply #21 on: November 19, 2024, 09:42:13 PM »


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Re: It is certainly going be an increase adoptions in near future.
« Reply #22 on: November 19, 2024, 10:21:32 PM »
Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

It just takes a bold move from one of the worlds country superpower to show interest in bitcoin and then boom we see a lot of things already happening in the space positively for bitcoin. This is just the beginning of bitcoin making a lot of breakthrough achievements after this cycle. Since IS have takes a bold step to increase the use of bitcoin in many of their activities in the government, more countries will follow suit especially those that see the country as their father country and they look to to. Satoshi’s invention will indeed not go in vain and will be embraced by many more people all around the world in the coming years.

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Re: It is certainly going be an increase adoptions in near future.
« Reply #23 on: November 20, 2024, 09:52:33 AM »
Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

It just takes a bold move from one of the worlds country superpower to show interest in bitcoin and then boom we see a lot of things already happening in the space positively for bitcoin. This is just the beginning of bitcoin making a lot of breakthrough achievements after this cycle. Since IS have takes a bold step to increase the use of bitcoin in many of their activities in the government, more countries will follow suit especially those that see the country as their father country and they look to to. Satoshi’s invention will indeed not go in vain and will be embraced by many more people all around the world in the coming years.
Massive bitcoin adoption across countries is becoming more realistic especially with a world power like the US integrating bitcoin into its financial decisions. Now that Trump is back into the system, we might likely see bitcoin being even more prioritised, with some crypto-friendly policies to enhanced its wide adoption.  With time, other countries who see US as their financial model will likely join the trend. Once bitcoin's legitimacy becomes very strong all over the world, I will heave a sigh of relief on behalf of Satoshi  ;D, his dreams have finally come true.

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Re: It is certainly going be an increase adoptions in near future.
« Reply #24 on: November 20, 2024, 09:39:32 PM »
Just like some states in the US had added Bitcoin to their pension funds, the state of Florida are also clamoring for similar Bitcoin pension funds to be added for retirement and expenses. What come to my mind on all this crypto moves in recent times is an increase on Bitcoin adoptions, especially in the US, and can also be going gradually to other part of the world. I think crypto is already gaining massive adoptions.

It just takes a bold move from one of the worlds country superpower to show interest in bitcoin and then boom we see a lot of things already happening in the space positively for bitcoin. This is just the beginning of bitcoin making a lot of breakthrough achievements after this cycle. Since IS have takes a bold step to increase the use of bitcoin in many of their activities in the government, more countries will follow suit especially those that see the country as their father country and they look to to. Satoshi’s invention will indeed not go in vain and will be embraced by many more people all around the world in the coming years.
Massive bitcoin adoption across countries is becoming more realistic especially with a world power like the US integrating bitcoin into its financial decisions. Now that Trump is back into the system, we might likely see bitcoin being even more prioritised, with some crypto-friendly policies to enhanced its wide adoption.  With time, other countries who see US as their financial model will likely join the trend. Once bitcoin's legitimacy becomes very strong all over the world, I will heave a sigh of relief on behalf of Satoshi  ;D, his dreams have finally come true.

I guess by 2025, we'll experience most countries adopting the Crypto into different sectors in the economy of their nation.
It is said that "It takes somebody that knows the way to show others the way".
I guess Donald Trump has taken a bold step in willing to  promote Crypto in the US and when most countries in the world see the benefits and positive changes in the US under his administration... Then they'll see a very big reason to emulate his actions.
And all those government of different nations kicking against Crypto and trying to find a way to restrict citizens in participating in crypto will now be a very big fan and supporter of the crypto world.
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Online Z-tight

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Re: It is certainly going be an increase adoptions in near future.
« Reply #25 on: November 20, 2024, 10:22:18 PM »
It would take some time, yes, but it does look like mass adoption is ineveitable. I just hope it happens sooner rather than later.
BTC is growing really fast, institutions and countries we never thought would be interested in BTC, wants a part of it today, not to mention individuals who called it a scam and a bubble before, but right now they want a part in that bubble. Mass adoption will happen in the future, but right now the growth is evident.

Offline bitterguy28

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Re: It is certainly going be an increase adoptions in near future.
« Reply #26 on: November 27, 2024, 04:46:26 AM »
It would take some time, yes, but it does look like mass adoption is ineveitable. I just hope it happens sooner rather than later.
BTC is growing really fast, institutions and countries we never thought would be interested in BTC, wants a part of it today, not to mention individuals who called it a scam and a bubble before, but right now they want a part in that bubble. Mass adoption will happen in the future, but right now the growth is evident.
it’s getting more recognition because it’s getting bigger and bigger and everyone wants to be in on it not to mention that the internet has grown exponentially as well making a lot of people exposed to more advanced developments such as cryptocurrency

now of all ages and any genders, everyone knows about bitcoin or cryptocurrencies and that is because of the widespread use of the internet and having more and more people share about their experiences in the crypto space it is only a matter of time before we see the normalization of bitcoin or digital currencies

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Re: It is certainly going be an increase adoptions in near future.
« Reply #27 on: November 27, 2024, 08:47:41 PM »
How sustainable are stuffs like this, considering BTC is not a stable coin?

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Re: It is certainly going be an increase adoptions in near future.
« Reply #28 on: November 27, 2024, 09:36:40 PM »
Just from what we are seeing already, bitcoin is going to be a more dominant currency than another in the near future, if the people continue with the way of their adoption over its use and the trust on the network remaining as it has always been, because already, people are getting excited by the way of how bitcoin and cryptocurrencies have been of help to them in their various applicable areas of need in the financial economy.

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Re: It is certainly going be an increase adoptions in near future.
« Reply #29 on: November 29, 2024, 12:07:54 PM »
How sustainable are stuffs like this, considering BTC is not a stable coin?
good point i am guessing that the employers have a set amount of funds that they need to cover and regardless of the price of bitcoin they would need to cover that same amount either way having the choice for your pension to be paid in fiat or bitcoin is a good thing and allows for more flexibility for those that will receive the pension it is up to them to decide which option suits them the most

 

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