It's not that you don't have to support the KYC in cryptocurrency. If KYC don't need to get our own personal information then we should fully support it but the KYC must get our personal information. It depends on you if you want to get your ID info someone. They can copy the information on your identification card. That's really risky.
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There are many scammers and hackers are existed in this world. Some are scammed by the people they trusted in the first place. They thought when they invest to them they won't scammed by those people but they stole there money they've invested. All we need to do when investing are we should always be wiser than the person who held our money. We should always examine the campaign or the project we should participate or support with especially when we invest money to them. Always remember THINK before you INVEST!
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Some reasons why countries are banned from bitcoin because of their governments. Government wanted to get taxes coming from people in their businesses or any transaction processes. When people use bitcoin in transacting something, governments won't get any taxes from it. That's why they banned bitcoin or not legalized in some countries.
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Yes. Don't ever be negative when it comes to investing because we can help rising the price of bitcoin through buying (rebuying) low and selling high.
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The truth about bitcoin are: it will help us to gain or get profits from investing, trading and supporting bitcoin, it will help us to be a successful person in the world, help to know more knowledge about the importance of bitcoin or cryptocurrencies in our lives and also all people will benefitted from it. That's the truth about bitcoin.
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It depends because we don't know about the future. If the price or the value of bitcoin will be rising in the future then that's a great news for us especially for those who held or bought bitcoin in their wallets. But unfortunately, if the price of bitcoin will be down then that's really a bad news. But almost 100% sure that the price of bitcoin will be increased.
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Yes, I agree that bitcoin is an investment. We can invest in here through bitcoin. When we invest in bitcoin we can get more profits which is bitcoin. Long-term or short-term still an investment.
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Government nowadays, announce all over the world that bitcoin is illegal way of transaction. It is all because government can't get any taxes from it that's why they spread also a negative feedbacks from it.
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Medical services here in our place already provided by our government. But in private medical services don't think that they will accept bitcoin as their billing payment because it is not widely acceptable in all communities.
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At first it's yes, but when you allow your self to get knowledge or learn about cryptocurrencies then that's the time you can really understand about the crypto world. Don't be negative minded that bitcoin is difficult to understand just believe and trust yourself that you can do it and you can also understand about that, same as what we got right now.
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That's a great news for us to know that bitcoin transaction fees is already down. I'm not sure if this is the reason why bitcoin trabsacrion fees has been reduced it is because the price of bitcoin is decreases. But when the time comes where the bitcoin price is increases then I think that's also the time the bitcoin transaction fees are going up or increases.
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To change the public view of Crypto world we, the participants, the traders and the investors must be participated to spread the world about positive effects of bitcoin we got in to our lives. Doing that their negative view of bitcrypto world will change into positive.
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