I think they are nervous because they can't control anymore the bitcoin once it has been the official currency since bitcoin is decentralized. Fiat money is being controlled by banks therefore its centralized. When bitcoin becomes popular around the world, banks will be forgotten that's why bank owners are nervous about bitcoin.
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In my personal experience, I first heard of it 1 year ago in a online forum game, people sold gold for Bitcoins, around March, gave it no importance at first. Now im kinda utterly commited to it. Really an interest subject of study.
If I remember correctly, I heard the word bitcoin when I was in college but I ignored it because I'm in the middle of a thesis at that time then last month, my friend introduced it to me again and began to have interest in it and I see the bright future ahead of bitcoin so I decided to jump in and try to earn bitcoin for my future too.
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I am definitely agreeing with this that bitcoin reduces unemployment in the world. There are people that cannot find a decent job nowadays, so the one solution to earn money is by bitcoins but in earning bitcoin you must have time and patience and one important, internet connection. Bitcoin reduces unemployment but its better to find one job for you and make earning bitcoin as a sideline.
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That is a good indication that bitcoin will be recognize in our country. I'm from Philippines too and I am happy that Central Bank of the Philippines recognizes bitcoin and if great investors in our country know that, they will invest in bitcoin too and the price will go high. I hope more and more people from the Philippines will learn about bitcoin and invest in it.
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Teaching your cousins how to save is a good idea so that they can get money in their pocket when they need to buy something but involving bitcoin isn't that important I think. Before you teach them about bitcoin and saving, teach them how to save their fiat money now so that they can apply it when the time comes that they want to earn bitcoin too.
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Movies ? gambling sites ? exchanges ? what kind of service you want to see involved with Bitcoin more ?
For me if I will choose services with Bitcoin as a payment ill say: - Bills like water bills, electricity bills etc. - Airlines- instead of going to the airport and pay there, you can just buy it online and using bitcoin - Restaurants - Amusement Parks - Supermarkets, grocery - Computer Shops And many more but that are some that I know (Y).
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In my opinion, teachers will never learn how to become rich or how to earn money so I think this concept that Bitcoin in college will not be implemented. Bitcoin must be the official currency of the countries first before they will teach it in schools. In my school where I graduated they didnt teach us how to become rich or how to earn money etc. so I am not agreeing with this.
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Many people need big proof to satisfy that this site is legit ..whats the best way to convince your relatives or friends
For me, you don't need to convince other people about bitcoin. Bitcoin has been popular since and he/she can do some research about bitcoins but if you want to convince others maybe give some video about bitcoins or pictures that you are earning bitcoin already.
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This is a very good idea for me since bitcoin's name is rising now. Accepting bitcoin is a good mode of payment especially when you are out of fiat money out of your wallet. I know this will be implemented in other countries too in the future.
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There are many reason why people should use bitcoin especially in the future. First is its stability. Bitcoin is going to be stable as many years pass by until it will be the official currency. Second is its fast transaction. Anywhere you are as long as you have internet connection you can send bitcoins to anybody and at a fast rate.
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For me I think my bitcoin dream when I have many bitcoin is to make an business out of bitcoin and I will make bitcoin as a payment. Something like a casino I think or a computer shop and after earning enough bitcoin I will buy my dream house and my dream car.
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What do you mean system? I don't see bitcoin will be removed at this time since bitcoin is a successful sigital currency now. Bitcoin will be removed only if the internet connection is gone but its impossible and if only the creator will destroy bitcoin itself..These are the ways bitcoin will be removed from the world .
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There are so many ways to earn bitcoins now. The question is "Which of them is the most profitable?" because some of them are giving a small amount of bitcoin which is a waste of time. For me, the 3 best ways to earn bitcoin is: 1. Through trading - this is profitable if you have acquired certain skills and knowledge about trading. 2. Gambling - I can't consider this as a good one because gambling depends on luck of the person. 3. Is through campaigns - For me this is the best way to earn. You just need to be active, make some posts here at this forum and be creative (I think). For me this are the 3 best ways to earn bitcoins.
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I don't see any reason of ending in bitcoin because bitcoin is just growing and growing and growing. I can see a bright future in bitcoin and I see that in many years, bitcoin will be a currency in the world. The only thing that will stop bitcoin is if the internet connection in the world is gone which is impossible nowadays so bitcoin will never end .
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I was just wondering that is it possible to earn steady income without going 8-5 hours regular office job.. I mean you got some bitcoin in your wallet .. are you the enough for living ?
another option is to regularly working on Bitcoin related trading/activites .. that earn you enough amt of monthly income ..
what's your opinion
Note: this is not for poor fellow who just discovered bitcoin or altcoins
For me its better to have an official job while earning bitcoins because it will double your stream of income. Just like having job, earning bitcoins needs certain skills and knowledge in order to earn many bitcoins like in trading bitcoins, try your luck in gambling etc. Just don't abandon your job and focus on earning bitcoin because earning many bitcoin takes time especially when you invested low in earning (Y).
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No its not too late to buy bitcoin and it will never be because i see bitcoin's success in the last years and I know it will continue in the next years. You can invest now in buying bitcoin and then wait for bitcoin to rise its price and that's the time you can sell it (Y). Bitcoin has a bright future for me I think and its price will go higher as the years pass so better invest now.
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Since its birth until now it reached $5,000+ value. I see bitcoin in five years as a success. I mean its price will be higher in the future. I am optimistic when it comes to the stability of bitcoin. Bitcoin for me will never be gone but it will be soar high and soon, it will be the official money of some countries.
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For me there are 2 ways how to destroy bitcoin. Its my opinion only (Y) 1. The Creator itself can destroy bitcoin since he/she created bitcoin, he/she has the power to destroy it too anytime he /she wants. 2. Bitcoin will be destroy if the internet connection in the world is gone. Thing that will never happen
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I don't think you're asking this question to us because at the end, you will be the one who is deciding if you will invest or not. Regarding to your question "Should I invest in Bitcoin?", I think for me you should because I see that bitcoin value is increasing and at the end of the month it will be at its highest value. That was my prediction and don't take it seriously. Its your decision if you want or not (Y)
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Its hard to earn bitcoin without doing investment but you can do it. It only needs time and patience to do it. These are some of the ways I know that you can earn without investing: - by doing faucet sites but it will take you so much time if you are doing faucet sites only because it gives a very low amount of bitcoin. - by doing the paid to click ads but its also take you a lot of time and they give also low amount of bitcoin. - by trading I think when you earn enough bitcoin and you are good at trading then you can earn more and more bitcoins with trading. - by doing services with bitcoin as a payment. - by joining signature campaigns here and for me the best way to earn coins. That are some of the ways I know hope it helps
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