This is a really good thing for Italy. I guess they are coming to their senses if they want to become a world power again, they are going to have to keep stacking reserves of BTC. This will put them in a position of power so of course they're going to allow people to start transacting in it in the country. Let's see what other countries start doing in the short term.

Bitcoin was not the first cryptocurrency. There were other cryptocurrency attempts, but none of them solved the double spending problem, or how to each consensus on a network of strangers. Only until someone, or a group, released the whitepaper on a cryptographer mailing list was there a solution. Thing is there are so many actors on the network that must act in accordance with consensus rules while remaining decentralized.

Yes this does mean cash will be extinct. It is unfortunate that we have to use physical cash for our day to day purchases and transaction right now, but this won't be forever. Bitcoin is on the way to replacing cash as it is far superior and thus it is only a matter of time. Bitcoin has solved problems in money and thus it is a revolution in money and it is acting that way no doubt.

I do not think billionaires invest in BTC because they do not believe in it. They are too embedded in the previous financial system with gold and fiat that they think there is no possible way BTC could last. But they don't do their homework and they won't because they have so much wealth in gold or fiat so they'll hold onto it until they die and will pass on nothing to the next generation.

It is definitely possible for FIAT currency to crash. Especially because it is so easily created. That means it can so easily be destroyed, and so it is. Paper money can be double spent and that is what the Federal Reserve does and they call it quantitative easing, or fractional reserve banking. This poses a systemic risk and so BTC came about to provide an alternative to the dying FIAT money.

Yes we are starting to see regulators look at ICOs as something that could benefit the economy. However, they talk about ICOs like all ICOs are the same and that 99% of them are scams and just used for speculative purposes to raise funds illegally. That is why they want to put regulatory framework around them, so they can ultimately benefit from the taxes of the funds.

It is possible Japan could do that because South Korea made a stance and made a point of pointing out the difference between speculative ICO's and Bitcoin. Since Japan legalized Bitcoin in their country they could very well do that, however they might try and put regulations around something like that to try and profit from it kind of like the way they are with taxing BTC right now.

Bitcoin is regaining dominance, yes. It always does if you look back in time. Bitcoin is a deflationary currency which means that the supply that is being distributed every 10 minutes via the blockchain where miners receive a reward, that is halved every four years and it started of with 50BTC in 2009. Now it is 7.25 for a block reward, but the miners that hash also get fees from transactions as well.

Most definitely Bitcoin would help teach kids about saving because first they would have to understand what sound money is before the choose which currency to save in, and they'd conclude BTC would be the easiest.

My investment advice is always buy what you can afford to lose but deep down I want to tell you to sell everything you have and put it into BTC. Only if you are comfortable doing it though.

Bitcoin is always regaining dominance after whatever FUD is thrown at it. Altcoins and forkcoins will be coming for Bitcoin and so will national currencies so there will be scammers everywhere.

When the stock market collapses Crypto always tends to do really well. The whole system is based on Bitcoin's system and this is the one that will be replacing the current central banking system.

Cryptocurrencies are the future, but they're not here solely to make money off them. Sure it's a plus, but there is no long term value in any of them except Bitcoin.

Yes cash will be extinct sooner or later. It is redundant in this day and age with all the technology that we have. There are much better and more secure currencies to use.

The future of the BTC price directly reflects the amount of people adopting the technology and how fast. Also how fast the supply gets smaller and smaller will depend on how fast the price rises.

Yes Bitcoin is really secure because the network keeps getting more and more decentralized and more people keep building on it since the code is open source.

No China can not bring Bitcoin down! It is just a country and has no influence over a digital currency that is independent from any government or company. Plus it's decentralized.

The FBI doesn't hold shit. A couple of them tried to steal some from the Silk Road investigation but only for themselves and they have since been on trial so don't worry about the FBI lol.

It is not too late to buy bitcoins especially if the price is under 10k. It will just be harder to buy higher amounts of Bitcoin as the price continues to rise to insane amounts.

Bitcoin will absolutely be the currency of the future because it is the most scarce asset available and this cannot be changed because of the immutable network that it functions on.