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21  Bitcoin / Bitcoin Discussion / Re: What are the opportunities we have in blockchain? on: August 05, 2018, 05:49:56 PM
The technology of blocking will in time be used in other areas, as this is a very promising direction.
22  Economy / Economics / Re: Why is Bitcoin still a slave of Fiat? on: August 05, 2018, 05:44:26 PM
Because we are now very attached to the cash paper money.  Because most do not accept anything other than cash.
23  Economy / Economics / Re: What would happen to banks? on: August 05, 2018, 05:33:11 PM
Banks will not suffer much because of crypto currency.  They will be able to find their role in the provision of services.
24  Economy / Economics / Re: Do you think bitcoin redistributes wealth or just makes the wealthy richer? on: August 02, 2018, 04:35:36 PM
It is difficult to answer this question.  Many hide their attitude to bitcoin and having it on their wallets.
25  Economy / Economics / Re: Investing in Bitcoin? Advantages and Disadvantages on: August 02, 2018, 04:34:17 PM
Why all the articles indicate a lack of anything you can not buy.  Friends, for bitcoin you can buy things and much more for a long time.
26  Economy / Economics / Re: The real estate bubble on: August 02, 2018, 04:32:28 PM
Real estate is always needed.  You will have children, they need somewhere to live.  Therefore, many choose the direction of investment as real estate.  Very convenient, because you can take time and earn income.
27  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: August 02, 2018, 04:30:31 PM
You can hack anything if you want.  It's the digital world.  There are no frames here.
28  Economy / Economics / Re: Why do older people like investing in Gold/Silver? on: August 02, 2018, 04:29:29 PM
Everyone invests in what they consider profitable for themselves.  Many adults have already seen a lot on the market, so they believe that investing in gold is the most correct.
29  Economy / Economics / Re: Is the government really scary? on: July 29, 2018, 11:14:50 AM
While nothing is accepted all over the world, it is very difficult to say how the world's crypto currency will develop further.  Already happy that many countries have taken bitcoin.
30  Economy / Economics / Re: Why Big Banks are so Nervous About Bitcoin ? Why ? on: July 29, 2018, 11:07:36 AM
Any large organization will try to suppress everything that it hurts to damage their work, and the crypto currency is very much threatening the banking system.
31  Bitcoin / Bitcoin Discussion / Re: False fear about BITCOIN. on: July 28, 2018, 01:03:58 PM
I hate to read topics where they say that bitcoin is dead, but they can not understand why they write that way.
32  Economy / Economics / Re: Is Bitcoin Worth To Be Currency? on: July 28, 2018, 01:01:19 PM
If we exchange money for bitcoins and vice versa bitcoins for paper money, then probably it costs money and is now very good.
33  Bitcoin / Bitcoin Discussion / Re: How safe is Bitcoin? ✅ on: July 28, 2018, 12:48:17 PM
All of them are unsafe, but from this they do not get worse.  The more risk, the more you can get.
34  Bitcoin / Bitcoin Discussion / Re: What if someone bought up all the existing bitcoins? on: July 28, 2018, 12:37:36 PM
Hi, I am a noob to all this bitcoin stuffs. It sounds like an interesting idea but before I invest too much into it I have
some questions and concerns. Perhaps highest on my list of concerns is the possibility that someone will buy up all,
or most, of all the bitcoins that exist.

Will it be just like the existing economic system where the rich get richer on the backs of the poor?
Will that not destroy the whole bitcoin project and make whatever bitcoins I happen to get myself worthless?

I have read a few things on this kinda stuff and some of it sounds pretty scary. I don't know how much of it
is FUD or how feasible any of it is at all at all.  

Please help me understand and ease my mind in regard to this issue.


Thank you

No, since not all bitcoins are still produced.  This is not money that can be printed in unlimited amounts.  By 2040, almost all possible bitcoins will be produced.
35  Bitcoin / Legal / Re: Is Russia is on the way to adopt cryptocurrencies? on: July 27, 2018, 10:30:05 AM
As far as I remember, the latest news that I read about Russia is that the government is only thinking about the issue related to the decision to legitimize or not the crypt.
36  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is better than banknotes on: July 27, 2018, 10:18:21 AM
Because all actions are transparent and fast.  And that with the usual currency, there were always different manipulations, stealing, etc.
37  Bitcoin / Bitcoin Discussion / Re: Bitcoin As Paper Notes Useful? thoughts? on: July 27, 2018, 10:16:31 AM
I think this is a bad idea and many will agree with this.  Bitcoin is necessary to us precisely as a digital currency and it should live only in the virtual world.
38  Economy / Economics / Re: When bitcoin prices rise up the market also will on: July 26, 2018, 05:13:34 PM
This is a regularity, and all because bitcoin is not backed up, so it grows only on the opinion of people about it, if it is bought, then the price will increase.
39  Economy / Economics / Re: bitcoin in developing countries on: July 26, 2018, 05:08:17 PM
Bitcoin only helps to develop the economy, makes up the competition for ordinary currency and I think this is correct.
40  Economy / Economics / Re: When will smartphones used for bitcoin mining? on: July 26, 2018, 05:02:37 PM
Maybe someone will develop a phone for production, but it should be a powerful phone, so that in addition to mining, the battery would suffice.
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