I am sorry but I think you are mistaken, it is not racism being the reason why bank transfers are high. Don't think africa as a black country, africa is pretty big bro. The very reason why transaction costs are high is because the country itself charges that amount from its people, it then treats this transaction fees as a tax and uses the money they receive for whatever they do. The govt does that because they need more money as tax, not because they black
It is still a discrimination, black-on-black is also a discrimination, not necessarly a racist one ,but some other sort.
The point I was trying to make is that bitcoin doesn't discriminate you in any shape or form: no racial,no sexual, no religious, certainly no political, and no other type of discrimination is here, so it's the ultimate form of financial liberty in my opinion.
After all discrimination is a pretty big issue nowadays, yet nobody realizes that their own currency is their biggest enemy.
setting the drama apart, I think people don't want change, and they're rather scared of it. On the other hand, people who buy btc only buy it to make a good profit, very few want to nurture btc and help it grow to the potential beast it can be. The community needs to be stronger and people need to believe what they say, not just write because they are part of a sig camp
Well i`m here to feed the beast
But joke aside, profit is relative, some people want a quick 1% profit, some want a 100000000% profit, and since the latter takes longer time, they will hold it, and nurture it in the process,
I dont think that if BTC reaches 10,000$ everybody will just dump it. It's more likely that if it reaches 10,000$, people will be proven that this coin will be here to stay, and people will hoard it even faster than before, especially wallstreet whales will get very interested.
So with this fueling it can reach 1,000,000$ easily of course only time will tell, but I feel that after next year's halving we will see serious movements in the price.
I guess you are wrong on this part. Some of them are stack their bitcoin high enough and need to wait this time to dump so they will get much much profit. Although it is somehow prove this coin is ready to become mainstream but still people will try to sell high and buy low again and it will always continue like that forever so no matter how much is it worth if some them feel that this is time to dump they will always doing that
