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Well, absolutely but wont force them to learn it all right away. We must first teach them about Blockchain and how it works and how was Bitcoin made. Encouraging others to learn about Cryptocurrency is a good thing because there might come a time where it will be widely used in every country.
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Since the rise of the cryptocurrencies, there are so many countries adopting it so quickly and one of them is my country (The Philippines). in early 2014 one of the first online Wallet was created and that was Coins.ph, according to Wikipedia Coins.ph is a financial services platform founded in 2014 by Silicon Valley entrepreneurs Ron Hose and Runar Petursson in Metro Manila, Philippines. this wallet helps us a lot for using bitcoins in many ways. today I want to show you the use of Crypto Currencies in our country with the help of this Online Wallet. 1. Paying Bills with BTC With the help of Coins.ph It only takes a few seconds to pay your bills in our country, Select the bill type you want to pay. You can use Coins.ph to pay your utilities (electricity and water), government services, broadband, telco, cable, credit card, and tuition fees. 2. Buying Load or (Phone Credit) with BTC In our country, you can also buy a load with BTC off course with the help of Coins.ph. and wait, it has a 10% rebate too if you buy 100 php worth of load you get 10 php rebate. that was cool right? 3. Buying Game Credits with BTC Coins.ph is the only game credit outlet in the Philippines that charges zero fees. You’ll always get the exact amount you pay for! This one really helps me a lot cause I don't need to go on Town Just to buy a Steam Wallet Code, All I need to do was load my wallet and Boom! my Steam Account is loaded with credits. 4. Cash out at Thousands of Locations We can also cash out our Crypto Currencies through these options: eGiveCash at Security Bank ATM. No debit card needed. Padala Centers like M Lhuillier, Palawan Pawnshop, and LBCBanks such as UnionBank, Security Bank, and 30+ other banks. As of now Coins.ph support Crypto Currencies such as BTC, ETH, BCH, and XRP. so these are the things we can do in our country with our Crypto Currencies, what about you? what can you do with your Cryptocurrencies in your country? Source: https://coins.phhttps://en.wikipedia.org/wiki/Coins.phThis is really helpful in the Philippines because there are some times that converting Cryptocurrency into cash is hard but directly using them once you withdraw them is really good. They are also adding other Cryptocurrencies and not just Bitcoin. Future development of the application is anticipated by many users. |
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HODLing requires a lot of patience. Buying and selling requires a lot of patience because you need to consider whether the token or the crypto to be bought will operate in the long run. Earning also requires patience because you need to join long campaigns just to earn specific amounts of equivalent.
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Of course the role of Government in the development of Bitcoin is not considered because what can they do is to provide the limitations and necessary rules and regulations in their own countries.
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Blockchain technology is almost impossible to hack because of the process that it takes to overcome is hard and must be knowledgeable on how to crack it. Some news about somebody being hacked are just cases of people being careless and not reading the information well enough that it becomes a trap for non-readers.
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Trusting cryptocurrency can be hard for some users because some of them already got scammed and they lost their will to earn them again. We should just trust the platforms we are using to gain proper commercialization and be on the process of development because technology is always advancing.
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Letting developers know about Bitcoin is a good thing because almost everybody engulfed in using the Internet knows Bitcoin and might be knowledgeable in using it. Cryptocurrency being used in some games will be really helpful to the community that is playing that game because they can pay instantly and hassle free. Bitcoin is electronic money and wont be called fake because it can be converted into cash.
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The usage of Bitcoin anywhere is widely known that asking where it can be used is almost useless BUT there is always room for improvement in the world of cryptocurrency. Bitcoin can be used in some restaurants and will be further developed. We are already seeing some Alternate Cryptocurrencies being used in other mode of payments so i think Bitcoin will just improve their present state.
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They really are an inspiration to a lot of people who also earns from Cryptocurrency. They are very hardworking and should be known because of their hardships that earned them their current state in life. We should admire them in a way that we will also benefit from it. Some of the wealthiest people using cryptocurrency are the people who teaches it to others.
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That is such good effort and learning about Cryptocurrency will really help a lot of people learn about something that is revolutionary. I first learned Cryptocurrency from my classmates then my Professor suddenly wanted the whole class to learn from it. We attended seminars about Blockchains and how it operates and it went well. Attending seminars and learning about Blockchain will really help people learn about Bitcoin because its one of the best adoption by Blockchain ever created.
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Seeing Bitcoin as a mode of payment in Restaurant or in Food Chains where it would be easier to use and would be less hassle to both the customer and the owner BUT there must be proper rules and regulations before it can be done. Maybe we should see automatic Bitcoin teller machines where you can withdraw your Bitcoin into cash real quick.
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Blockchain is basically revolutionary. It is mostly used in security and now it can be integrated into a lot more. We can see different platforms that use Blockchain as their building blocks and they continue to develop their platforms by further studying what Blockchain can do. China has one of the most advance technologies ever developed and they are utilizing the use of Blockchain in different platforms.
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Basically, the safest way to deal with prices being dumped is by HODLing. All we have to do is wait and see whether the prices will still rise or will it totally diminish. We also need to do something in our free time and look for other ways to utilize our skills on how we can earn more Cryptocurrency. Some Alternate Coins have good platforms but they lack the support to continue their work and it is a waste of a good idea.
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The sole aim of a bounty hunter is basically looking for Campaigns or Bounties that is worth campaigning for. They look for campaigns that is easy to understand and easy to do. Bounty hunters spend most of their time studying what they are campaigning for and what effective ways there are to do bounty hunting.
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We can still say that Bitcoin is still in the process of being developed even though there are a lot of platforms being launched as time goes by. Bitcoin might be the first known Cryptocurrency that might get legalized worldwide AS LONG AS it can achieve some terms in the World Government. It might be considered as one currency that can be used around the world and all we need to do is support it and use it properly.
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I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
This experience is almost the same to the group that i've been with. Even though we are all at the same age groups, their knowledge about Cryptocurrency and Blockchain Technology is more advanced. Learning about Blockchain Technology is more important because it is where Crypto is embedded. We can learn more about Blockchain if we steadily learn about platforms of different Cryptocurrencies. Some even launched events where they would organize workshops about creating simple Crypto tokens. |
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Take your time now to study how market price moves in the crypto market. I had realize that those market price fall down are perfectly performed so that we can see how much potential profit may get if one will going to invest now. This is just like jumping up high and one must take down to the groud first before opposing the force from the ground to jump up high. I can say that the kick off for crypto market price increase will going to start up soon.
That is actually right but for someone who is new to the community and someone new to the Cryptocurrency Industry, that might take time. Even though he is already studying the market, the user might have mixed emotions in investing because some users want to earn first before they invest. They can do that by investing their time and effort in doing Bounty Campaigns that will give payouts. |
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If you only got a small amount of money in Cryptocurrency, the best way to do about it is by HODLing it. Buying something with that small amount might result into either a profit or loss. If we HODL then there would be nothing to lose. We need to keeo joining campaigns where we can earn little by little and make sure that it is legit so we will receive payouts.
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This situation only applies to some events and not all the time that this is true. We know that risking a large amount of money is very scary and might result to either a good or bad result. We know that there are a lot of situations where we can place ourselves knowing that what we are doing is safe and wont result into any loss of our money. We must keep track of whatever we are doing and do it carefully.
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KYC or Know Your Customer's are helpful in some aspects in Cryptocurrency. We get to know different customers that might be a target to some platforms. They get to know where their platform is most usable and applicable. KYC are one way to know whether the customers are legit and we know that its not bots. KYC are helpful in verifying whether that Bounty Hunter is not a bot and this can result into better Bounty Hunting Communities.
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