Doubts about Bitcoin’s ability to rise more assets for years, and may continue even if the price reached millions, according to Bitcoin.
“I think it will be this way for a very long time.” He said Natalie Brunell on Podcast Metal Currency Stories on Friday.
“I think Bitcoin will be $ 5 million, 10 million dollars or more, and people will continue to say, yes, well, 8 % of global assets now. You cannot rise, right?” He added.
Bitcoin suspicion followed (BTC) In every prominent teacher. Every time the original reaches the highest new level ever, critics questioned their ability to ascend. During price corrections, many skeptics assumed that he will never recover.
It may be a “very long period of time” before the change
This year, Bitcoin has reached several new levels ever. Recently, Bitcoin reached $ 12,4100 on July 14, According to To Coinmarketcap. Since then, he has returned to $ 109,290 at the time of publication.
However, Broyles argued that the biggest obstacle in Bitcoin is not technique but psychological, because most people still do not think it can improve their daily lives. “Unfortunately, I don’t think many people will make this switch until they see it,” he said.
“I think it will be a very long period of time,” he added.
Broyles suggested that Bitcoin merge with real estate loans will do a lot to adopt more than persuading the skeptics of Bitcoin to invest small sums over time.
Bitcoin integration with real estate may drive adoption faster
“Like, will it be difficult to persuade a more skeptical person in Bitcoin, hey, you must buy $ 1,000 of Bitcoin for 200 months. Or is it” will “hey, you can re -financing your home and convert this shares to Bitcoin, right?” Broils said.
Related to: The price of Bitcoin loses the main Trendline line: A Classic BTC Fakeout?
“I think this will explode the minds of people,” he said.
The lack of understanding is still one of the biggest obstacles that prevent the adoption of encryption. According to the August 2024 survey it conducted Australia SwyftX exchange43 % of 2229 respondents said they did not use technology because they were not sure how it was working.
magazine: The only thing that all six global encryption centers share …
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