Bitcoin didn't actually face any serious media wars. There was never any coordinated attack on it from large media. Bitcoiners just have a persecution complex, so whenever some random news website says that Bitcoin is dead, they say that the whole media attacks Bitcoin.

And which corporations have attacked Bitcoin? Because I'm now aware of any long-term effort to do so by any large corporation.

Even governments aren't seriously attacking Bitcoin. China simply banned it, but they didn't order their propaganda machine to constantly bash Bitcoin. EU and US also don't care much about Bitcoin, there are some regulations and occasionally some officials make some statements that enrage Bitcoiners, but that's it.

If the powerful organizations actually decided to fight Bitcoin, things would turn pretty bad for it. If centralized exchanges got shut down, if banks would go after p2p transactions, if merchants were banned from accepting Bitcoin, the price would crash badly and would take decades to recover, if ever.

This kinda of uncertainty about Bitcoin's future is one of the factors why its so volatile and why not everyone rush to adopt it.

That 70% loss in Bitcoin's price is based on its ATH. That's the short-term. That's looking at a small portion of its overall chart. If you zoom out, you will see that in just a decade Bitcoin grew tens of thousands of fold. Whereas, Naira's 35% loss may also be a limited view of the currency's much longer history, but if you take a couple of steps back, you will see that Naira has always been falling in value. It has always been losing purchasing power.

Well, that's how Naira and the rest of the fiat currencies are designed. So we don't fault them that. However, Nigerians, and the rest of the people around the world need a currency that stores value over time.

I am gonna say if we overlap the historical charts of Bitcoin and Naira then they are going to make a X where from zero to thousands of dollar is trend forbbitcoin and from a dollar (or less) to minus couple of dollar is trend for the Naira.

They are doing great, I am supporting this at all time.

If this amazes you, then I think there are many other things that will amaze you even more when you study it in detail. As far as I know, Bitcoin was created to fight inflation. Some national economies we think are big but they still operate in a fragile and fragile way, so some options to invest in assets such as gold, real estate, and even crypto are channels to keep assets from being exposed to risks when they decline.
And I also think that if there is a certain amount of knowledge, I believe many people will agree that buying BTC will bring high profits during the economic downturn and during development again.

Another indication that bitcoin won't depreciate to the point of becoming worthless is this. Many investors continue to leave investments that have just lost 35% of their value and rush into ones that have lost 70% of their value. Despite the rumors that bitcoin is a bad investment, a large number of people still believe it and invest in it. Fiat money will lose out to bitcoin.

Thats because crypto winter is the best time for a crypto millionaire to accumulate their moon bag before the bullish market.

The Feds and the Central Bank only understand the centralization platform and they see decentralization which gives people hope and liberation as a problem to their ruling power.
The people are already aware of the benefit BTC introduced and they issue to ignore the ban of the government from stopping them just the Chinese did.

 
People are confident in BTC because of it potential and the bond it creates among its users. About the backlash from powerful nations, corporations, etc. This is expected to happen when an innovative concept is introduced and the same thing happened when the internet was introduced

You said it yourself that they are speculation which means they are just assumptions and it does justify what will happen.

No country wants that their banking system should be completely destroyed, so they are stopping bitcoin, but it was very nice to see the interest of the people and the way its price is increasing, it seems that investors are getting a lot of profit. And in the future, fiat currency will be devalued and bitcoin will be used instead of fiat like nilgeria's people faith in naira has been reduced and their trust in bitcoin will surely boost the bitcoin market.
It's amazing to see bitcoin future is coming

Base on the information getting from Nigeria, the economy are really clashing down, leaving your money in the bank as savings account at the end of every month Bank we cut charge fees instead of interest, beside is better to invest in cryptocurrency And the current price USDT stable coin to Naria $1 = #700  which is dollar is on Bull Run in Nigeria Naira Currency, which things are very expensive in the country, that is why many people are investing on Bitcoin as a passive income. Therefore with p2p payment transaction government can't stop Bitcoin investment in the country and beside, Bitcoin is the problem of Nigeria. The country need a good leader, so that things we start working perfectly in every sectors.