22 C
Kathmandu
Home News Things Nepali People Should Consider As US Election Is Closing Soon &...

Things Nepali People Should Consider As US Election Is Closing Soon & Bitcoin Is Soaring to $16,000

  • N/R
  • N/R

Bitcoin trading is still illegal in Nepal. It will certainly take longer time for Nepal Government to learn about blockchain as decision makers are mostly from “baby boomers” generation – who are still not able to even fix postal system. Therefore, we advise current generation to take a leap forward in Nepal by cancelling the factor of worthless government from the equation of blockchain development.

Even though bitcoin trading is illegal, the nature of bitcoin is peer to peer and markets like paxful and localbitcoins do exist for Nepali traders. We are 6 months past from 3rd halving of bitcoin (May 2020) when price was around $8k. If we compare how price moves for bitcoin after every halving, the scarcity kicks in and bitcoin taps new market. In 2020, we are seeing similar after-effects. Corporate companies are holding bitcoin instead of cash (USD), more companies like Grayscale, Square and PayPal are now driving the mass adoption.

On top of this, there are now hundreds and hundreds of applications built around bitcoin and blockchain. There is nothing like this happened before for any assets; there are not even handful of application for gold. As we are moving forward with big companies on-boarding and most of the brilliant minds developing utility values upon it, there should be no doubt at all in whether you should jump into bitcoin or not. It’s early phase of blockchain; it has been just 12 years of bitcoin history but it’s the time – it’s definitely the best time to join this decentralized movement.

Within few days from now, US will get its 46th president. Whoever gets elected, there will be a huge task of solving COVID impacted US and direct every countries of world into prosperous future. That means there will be big stimulus and greater than ever cash flow into the system. Before it gets better and before COVID becomes something like common cold, we might have to go through hard winters of inflation and economic depression. And this is exactly why bitcoin was created to solve.

We want Nepali people to stay up to date with the world. Don’t get behind in bitcoin because government does not understand it. Learn bitcoin, learn blockchain, learn ethereum, learn DeFi.

- Advertisement -
Krishna
Krishna is an initial CDT member of RECAP blockchain network; a crypto enthusiast who has worked on multiple startups since 2013.
- Advertisement -

Stay Connected

5,143FansLike
2FollowersFollow
36SubscribersSubscribe

Must Read

Bitcoin Moves 27% Downside After Touching Historical $42,000

Bitcoin price dipped to $30,000 zone today which accounts for more than 27% downfall from its all-time high $42,000. After Bitcoin crossed its previous...
- Advertisement -

Writing your first smart contract in Scilla (Zilliqa)

Scilla — a programming language for writing smart contracts in Zilliqa Blockchain is not an easy language to master. The official documentation is itself too technical...

Bitcoin कहिले किन्ने? कहिले बेच्ने? डेटा विश्लेषण र ट्रेडिगं जानकारी पढ्नुहोस्

Bitcoin को मूल्य दिन प्रतिदिन बढिरहेको छ; यस्तो बेला लगानीकर्ताहरुले ध्यान पुराउनुपर्छ । Bitcoin को मूल्य एकदमै अस्थिर छ, यसको मूल्य आज दोब्बर हुँदा...

Facebook र Alibaba भन्दा बहुमूल्य Bitcoin!

Bitcoin को मूल्य $४१,००० पुग्दा बिटक्वाइन अब फेसबुक र Tesla को बजार पूँजीकरण (market cap) भन्दा ठुलो बनेको छ। यसैले, यदि बिटकइनलाई एक संगठन...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related News

Bitcoin Moves 27% Downside After Touching Historical $42,000

Bitcoin price dipped to $30,000 zone today which accounts for more than 27% downfall from its all-time high $42,000. After Bitcoin crossed its previous...

Writing your first smart contract in Scilla (Zilliqa)

Scilla — a programming language for writing smart contracts in Zilliqa Blockchain is not an easy language to master. The official documentation is itself too technical...

Bitcoin कहिले किन्ने? कहिले बेच्ने? डेटा विश्लेषण र ट्रेडिगं जानकारी पढ्नुहोस्

Bitcoin को मूल्य दिन प्रतिदिन बढिरहेको छ; यस्तो बेला लगानीकर्ताहरुले ध्यान पुराउनुपर्छ । Bitcoin को मूल्य एकदमै अस्थिर छ, यसको मूल्य आज दोब्बर हुँदा...

Facebook र Alibaba भन्दा बहुमूल्य Bitcoin!

Bitcoin को मूल्य $४१,००० पुग्दा बिटक्वाइन अब फेसबुक र Tesla को बजार पूँजीकरण (market cap) भन्दा ठुलो बनेको छ। यसैले, यदि बिटकइनलाई एक संगठन...

Bitcoin को अन-चेन डाटा मूल्यको नयाँ उचाइ देखाउँदै !

Bitcoin को मूल्य Bull हरूले पूर्ण नियन्त्रणमा लिइरहेका छन्; उनीहरूले राता-रात यसको अघिल्लो सबै समयको उचाइ उछिन्दै नयाँ मूल्य स्थापित गरेकाछन्। $१४,००० बाट दौडिएको...
- Advertisement -