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Bitcoin is decentralized, so it's hard to manage, even if you do not know who you are dealing with. Also, according to a recent article, Bitcoin is offering a huge discount, which is also a fear.
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Bitcoin is so decentralized, so banks and the state are very difficult to control, so they can not collect taxes on transactions that negatively affect the national economy. In addition, the anonymous transaction feature can be used by bad people to scam, money laundering. For Bitcoin to be widely used around the world, maybe we have to wait a bit longer.
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This is one of the reasons why Bitcoin has lowered its price at the moment. Thieves will be punished by law. But most of all, you need to take precautions to protect your wallet, such as antivirus software. If possible, you should invest a hardware wallet, you will be more secure about your money.
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Bitcoins are hard to become a currency of circulation around the world because countries are so hard to accept it, they even hate it. However, under the greed of the human, the bitcoin makes the world become ruined is very likely to happen....
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Yes, I agree, there is absolutely nothing absolutely safe. Especially for digital money. What we need to do to avoid hackers is to keep their wallets safe by using a hardware wallet or a paper wallet. Be careful when trading on strange websites, using antivirus software, do not use wallets on strange machines. Their loss of money is due to their carelessness only.
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I do not think so. Bitcoins are very valuable and have a lot of potential to grow again, based on bitcoin charts. What we need to do now is to wait and not rush, invest in other virtual currencies.
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BMW is very smart to accept bitcoin as a payment. Based on the bitcoin graph, I think in the future, as bitcoin prices skyrocket, BMW will have a huge profit margin. Currently there are many stores, universities accept bitcoin as a payment, it seems they want a profit in the future when the bitcoin price soared.
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With the staggering growth of the internet, the gradual acceptance of bitcoin by the nations will soon be one of the world's top currencies. I think within 30-50 years.
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It would be very difficult if a shop paid for bitcoin. Currently, some countries prohibit bitcoin transactions. In addition, the virtual currency is not stable as a downside.
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Both have advantages and disadvantages, bitcoin can be hacked, banknote is difficult to circulate widely. In addition, the price of bitcoin often fluctuates, I think later we need to find the optimal solution. I like banknote than bitcoin.
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