Future of bitcoin

in #bitcoin6 years ago

Friends we all are worried today what will be the future of bitcoin and other crypto currency in india. Many of us who have invested must be thinking after RBI ban reinstated by Supreme court of india, that our money is gone and btc is not going to come back to india.

Well friends most important thing here we have to understand is that human psychology does not accept change very easily. Therefore it is very difficult for people sitting at top decision making chain to accept that a new form of currency which is unregulated is coming. It will not only increase their work load but also hamper them economically as they themselves have kept away from btc.

I would like to reiterate that it was not easy in olden days to move people from barter system to a currency system. Similarly in present situation RBI has rejected the BTC without much of ground study. This is a new currency which is still Born, growing and it will take us some time to accept and by that time it would a have grown a lot. We should feel lucky that those of us who have already got into the train will some day find ourselves much ahead of the rest in coming years. So friends hold your horses do not panic.

Secondly we all are aware that very soon Btc Is going to be listed on many exchanges in the world. So once it is listed nobody will doubt the credibility of BTC. And that will be the right time when people in decision making chain in india will start thinking seriously about Btc.

Thirdly and most importantly we should understand that presently US dollar is most widely accepted currency around the world but still 2 letters ie U AND S in front of that currency gives a feeling that its not our currency. But that will not be the case with BTC. So our world is slowly moving towards a single currency and very soon it will not be a surprise may b 5 or 10 years down the line BTC will be selected unanimously the most accepted currency.

So friends think about it and please give your views about the future of bitcoin. You all must be having such similar ideas which will keep us going in this field. Pls contribute.

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I think i have been supported by a leading Japanese bank by saying that ripple can be global standard for currency