I think bitcoin will actually be the ideal currency of the future but it will take a very long time for that to happen, because in this Present time the banks and the fiat currency has the greatest power since it's been supported by the government, and many people trust the banking system which is centralized, and there sees the decentralized system as a scam.
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Decentralized money is much better than centralized money, in decentralized money we have full control of our money and we can send it to anyone at any time but in centralized money we are limited to have full control of our money, and also in decentralized money we earn with no stress, while centralized we have to labour or stress to make the money.
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Bitcoin halving is an event which takes place every four years and this event has been ongoing , every four years the total reward of miners is being halved and the bitcoin price becomes bullish, so it's real and the previous halving was observed this year in May .
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For me I would say the government shouldn't apply tax on bitcoin because there are not helping bitcoin in any aspect, there see bitcoin as a currency used for illegal activities but yet there still benefit from bitcoin through taxation, if any country must apply tax on bitcoin there should first of all adopt bitcoin.
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The transaction of bitcoin has become more faster and it's transaction fee has become less , but I think in time coming the transaction might rise because bitcoin price may rise soon and if it does the transaction fee will also increase too.
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In the world today, scammers are everywhere and there are so many of them in crypto, the best way avoid scammers is to be wise and cautious, anything too good to be real is a scam run from it, and we should always get updated because scammers use every method there lay thier hands on .
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People are always happy when price goes up because there have accumulated much bitcoin when the price was low, so when the price increases there would be happy because there would make much profit. The set of people who will be sad when prices increases are the ones who didn't buy and accumulate when the price was down.
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Well for me I would say bitcoin has actually helped solved many problem than it creates. For example the problem of joblessness in some countries were much because of lack of companies, but citizens who embraced bitcoin will eventually become self employed because there work and get paid in crypto and the rate of unemployment and joblessness will be reduced because citizens has found something doing which could even pay them much more than what most companies offers.
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This is really great, I must say you are such a kind hearted person, I think this is a good way of using crypto, there are actually many people who are homeless in the society and helping them using crypto is such a nice idea.
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There are so many benefits of bitcoin, bitcoin can be used as a means of payments and it also has a fast transaction, we can actually send any amount of money to our friends or partners in different countries through bitcoin, and bitcoin can also be used as source of income because we can actually make profit from holding or trading with it .
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