"The users feature is really helpful."

I do think a realistic method of trying to get some sort of economy more focused on bitcoin is to focus on particular markets that are more inclined towards using bitcoin.

"Economies of scale are the cost-advantages of a large firm operating a a large production output whereby the firm experiences low average total costs which includes specialist economies of scale, external economies of scale and managerial economies of scale. But of course there are diminishing returns if such production output reaches beyond a certain point."

"As organisations grow bigger, they become more practically decentralised as the head office finds it difficult to manage the rest of the organisation."

Why does the Americans want to purchase bitcoin? I've heard it's do with with reducing the american debt?

What's the incentive for small businesses to engage in bitcoin though?

Why brave?

To get a currency to become popular you need a to start some sort of "feedback loop".

Tell me how you can realistically shift from fiat medium of exchange to bitcoin medium of exchange in a country with a central bank where the average shop demands fiat money and salaries are paid in fiat money.

"BITCOIN AND MEDIUM OF EXCHANGE." "Bitcoin has surged in popularity especially after 2017 when the bitcoin price surged to another height in which speculators joined the arena" "Bitcoin has mainly be used as a method of storing wealth and holding bitcoin and it hasn't really been used as a method of exchanging goods and services in different shops within 'developed' countries especially when supermarkets have not really accommodated bitcoin users to purchase goods and services with bitcoin as card machines don't accommodate usuage of bitcoin wallets. However even if such technology was available, how many bitcoin users want to actually use bitcoin as a medium of exchange." "Before we could start to understand why bitcoin isn't used as a medium of exchange in certain areas whilst it is used in other places let's look at one of the popular cases of where bitcoin is used with the exception of supposed sanctioned countries which is in Africa. Africa in comparison to the so called developed countries does not have a central bank which enjoys a degree of centralisation that various banks in so called developed countries expierence. Even if on paper that the central bank claims to be centralised, in practical terms the central bank does not have financial networks that has thoroughly been integrated within those societies and this is without mentioning the administration and the bueracracy within those countries as at least 65% of the sub-saharan population is unbanked." "With bitcoin coming in where a mediator is absent in this transaction. But bitcoin used by Africans isn't really driven by what you expect for example bitcoiners emphasises on avoiding bureaucracy of banks and suspicion of banks but Africans are motivated to use bitcoin when the banks are very much outside of their access in other words bitcoin thrives in areas where there isn't banking institutions in the area. But there are more benefits to using bitcoin for example bitcoin protect users from inflationary pressures when bitcoin has a fixed money supply and alongside a payments through borders of nation-states which require little fees incomparisons to western union which demand massive transactional fees. There are other places where bitcoin has been used such as Venezuela, Iran and Afghanistan where each of these countries have economically sanctioned by the Americans in which their central bank isn't able to operate as it likes to." "Where bitcoin thrives is when the central bank is pretty much is out of reach of the people and not necessarily to avoid the bureaucracy of banks which is still perecieved by others as being 'tiredsome'. Now there are rich people and crypto investors who are heavily involved in the crypto industry but something that is interesting is that various scams are reported to include bitcoin as a quick & get rich schemes in other crypto is now seen as something associated with the financial "elite" who see it as an effective assets that grows without it being that much by inflationary pressure. In other words since much of bitcoin held by people in the "developed" countries are people who are very rich it makes more sense to promote the selling of luxury goods and services in bitcoin if people want bitcoin as a medium of exchange where there is a central bank."

"Those who want to use bitcoin as a medium of exchange in rich countries where banks still continue to function, might consider looking into luxury goods market."