The hype surrounding bitcoin is what most people will rather treat as one speculative asset due to its unpredictable nature and potential. But then over the years bitcoin has grown into a more mainstream crypto asset and has shown that it does indeed have the ability to be worth the hype. A day to day real world use for payment, transactions will be the biggest use case of bitcoin and for this to be achievable then a mass adoption will have to take place over mere hyping and speculations because there are those who are still skeptical about bitcoin.

At the moment, instead of looking at Bitcoin as a means of transaction, it is the most profitable decision to see it as a means of holding. Because the price of Bitcoin has not yet risen much, the price of Bitcoin is very low, so if we can hold it now in the long term, then we can definitely expect to be very profitable in the future. Bitcoin has now transformed into an asset, its value is low, so if we can buy it before the price increases in the future, then we will leave a good asset for our children in the future, it will definitely be a better asset than gold.

Currently, one of the biggest reasons not to transact with Bitcoin is the volatility of Bitcoin. So everyone is looking at Bitcoin as a holding asset right now. Transactions through Bitcoin are definitely a good decision, but instead of transactions, holding it at the moment is the best and most profitable

Over the year a lot of people and even companies have started adopting the use of bitcoin for payment purposes. I've seen some gambling companies use bitcoin on their platforms for deposit and even withdrawals. This shows the rate at which bitcoin is now being adopted because it allows for higher deposit amounts and even withdrawals. At this rate, bitcoin might become more stable as time goes by and will encourage more individuals or companies to see the importance or advantages of this initiative.

Bitcoin adoption should not be something that supposed to be forced and it is when they make there own choices that it makes sense to them because majority will want to even make some findings before they conclude they want to invest into Bitcoin and when bull run starts people become more interested because they feel like they don't want to miss out on the opportunity, and just that they are doing the right thing at the wrong time and there periods that what ever you want to do concerning bitcoin aside trading is more suitable during a particular time except the person wants to trade because trading is more of a frequent activity so making use of the time properly pays a lot.

I've lost some money in Bitcoin DeFi in the past, they just stopped working one day and I couldn't reach the team, I was devastated but I got over it later, the space is definitely far from perfect and yes its still developing, but I think Bitcoin is better the way it is, if anyone want to make money staking Bitcoin it's better to do it on ETH or other strong alternative, because Bitcoin isn't made to be a proof of stake coin, the only thing next to Bitcoin in terms of strong and reliable is ETH and you can stake it for yield. Bitcoin obviously can't do it all.

While that can be a big help for someone who's in need and doesn't want to sell the bitcoins they're holding. I've already discouraged myself by trying into those lending/defis. Because they're very hot in the eyes of hackers and I don't want to be left hanging in it when I've got funds there and the attackers come. Just saying but you do you and if it's an interesting thing that you're eyeing for, I'm just telling the risk.

Perhaps this exchanger won't be required if Bitcoin adoption rises. After that, individuals will transact Bitcoin directly with one another. Additionally, I believe that the goal of KYC for exchanges is related to security concerns; they can also use this to obtain personal data. Without Direct KYC, security issues might be managed. However, if someone purposefully cheats during a peer-to-peer transaction, the exchange may be able to lock that person's account or transfer the funds to another wallet address. If the cheater's personal information is obtained, the victim may be able to take legal action against them.

However, I haven't come across any instances where someone has received information from an exchange. However, it is not unfeasible. Perhaps the exchange can reveal who cheated if someone asks for assistance through the police. However, it is true that using exchanges precludes total decentralization. because an organization is receiving wallet and personal information.

Bitcoin as a pair of all existing altcoins is one step ahead compared to Altcoins whose reliability is said to be equivalent to Bitcoin,
even though they have moved to Centralization while Bitcoin still remains fully Decentralized without anyone fully regulating, everything is regulated by the community.

If it is related to ETH and about the issue of yields, it cannot be said to be more advanced and exceeds Bitcoin, because ETH gets a yield value due to the price movements of Bitcoin that occur.
When Bitcoin is really bad and falls below ATH, then any altcoin including ETH as the top Altcoin will drop and the value of the yield given will also decrease.

People are always chasing yields, but they forget the actual yield provided by Bitcoin is a higher profit if they continue to buy it for the long term,
because this has been proven in the 10 years I have been in the crypto ecosystem I have seen real returns that Bitcoin provides with ATH that I never even thought about.