Q1. What are your main reasons for investing on bitcoin?
hold funds in a deflationary currency that buys requires less coins to get you more stuff as time progresses.
as oppose to fiats deflationary currencies with requires more bank notes for the less stuff as time progresses.
Q2. What do you use bitcoins for?
income, pays for living costs, a little bit of day trading for fun
Q3. Where do you see bitcoin headed going into the future?
the technology has been stagnant for last few years. since 2015 the only alterations to bitcoin, have been to twist it to be able to work with a separate network that other coins use. but that separate network has issues and is not a blockchain and will inevitably turn into a banker2.0 network. so we just have to wait out untill devs realise that bitcoin network needs to concentrate on the bitcoin network. not tweaked to fit in with non blockchain networks.
Q4. What are your main concerns while holding bitcoins? Do you fear the backlash from society, environment (online/offline), safety features, regulations, market factors, etc.?
regulations pfft.. they tried regulating alcohol into prohibition a century ago.. people still got drunk.. same with war on drugs, people still got high.
regulations are meaningless paperwork t make businesses into police officers monitoring their customers use.
people will simply just stop using those services if the policies of that service got too restrictive.
safety, well having a backdoor in bitcoin where devs can "inflight upgrade" anything they like without consensus is a safety concern. in IT industry its called a backdoor/trojan entry point. hopefully devs realise the thing that gives them a back door which they think is great for them, is bad for the network security and they plug the hole and go back to using real consensus
backlash from society. is just words. if americans dont like euro, they dont use the euro.. doesnt mean the euro is dead.
if people dont like bitcoin. they dont use it. doesnt mean it dead
environment. well many scream about electric use. but as of this year if we were still CPU mining it would need 10 trillion PC's to get bitcoins hash difficulty. or 330billion GPU's
but earlier this year it only needed 3.5million ASICS. and as of end of this year if the hashrate was the same only 1.4m ASICS
electrically
if a PC uses 0.25kwh thats 2500twatt
if an asic S9 uses 1.3kwh thats 40twatt
if an asic T15 uses 1.6kwh thats 20twatt
(though WAY LESS than 50% of mining is performed in china.. lets be devils advocate and assume 100% china)
china alone produces 6000twatt(5220twatt demand). and 13% if that goes to waste unused(780twatt waste)
so mining bitcoin does not even enter the demand portion. but is buying up the waste electricity. and only a small part of that waste electricity.
putting it to good use (its like buying up perfectly consumable fruit, that is just going to land fill due to it expiring)
and like i said thats just stats of one countries electric use