RATE Group | Bitcoin Is Winning Over The Skeptics, Mainstream Acceptance Is A Matter Of Time
55530
post-template-default,single,single-post,postid-55530,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin Is Winning Over The Skeptics, Mainstream Acceptance Is A Matter Of Time

24 Jul Bitcoin Is Winning Over The Skeptics, Mainstream Acceptance Is A Matter Of Time

Posted at 11:06h in Bitcoin News by

[ad_1]

Since its inception over ten years ago, Bitcoin has drawn a multitude of criticism. We, in the community, have had to contend with swipes about volatility, illegitimacy, and perhaps most cutting of all, that it’s a scam.

Unsurprisingly, it’s been an uphill battle to convince no-coiners of the merits of Bitcoin. But a decade on, it’s clear that cryptocurrency is more than a flash in the pan. And with that, it finally seems as though mainstream society is slowly being won over.

Bitcoin Acceptance At The Political Level

The Libra hearings this week saw several high profile US politicians share their thoughts on cryptocurrencies. The overall message was surprisingly bullish for Bitcoin. US House Representative Kevin McCarthy said:

“I like bitcoin … The real thing I like when it comes to bitcoin is I like blockchain because I like the security. I want the government to start using blockchain.”

bitcoin

US House…

[ad_2]

Source link

Tags:
, , , , , ,