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21  Economy / Economics / Re: Bitcoin can not replace fiat on: December 19, 2017, 01:12:15 PM
Yes, got you intrigued, didn't it?

Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
Bitcoin is by nature deflationary! and Fiat by its nature is inflationary, it is more profitable for you to spend money than simply to save them because they become cheaper! or their price remains the same! on this in fact, and builds the economy, on inflation! if no one will spend money then there will be no liquidity and this is very bad!
22  Economy / Economics / Re: Bitcoin - New form of Budget for poor countries on: December 12, 2017, 05:12:52 PM
many businessmen from Latin America are actively engaged in crypto currency and develop it! for example, the Argentine entrepreneur Wences Caceres spoke a lot about this topic! he himself created a very successful product for the storage of Haro's biktoins
23  Economy / Economics / Re: Why not just print dollars? on: December 12, 2017, 05:09:41 PM
print, but remember that in every country very strict penalties for counterfeiting money) or you about America) they do so
24  Economy / Economics / Re: Is Bitcoin Volatility A Bad Thing? on: December 12, 2017, 05:07:45 PM
the whole market is completely speculative, therefore it is not bad and this is a given and it is not worth thinking about these kinds of issues, they will not be solved
25  Bitcoin / Bitcoin Discussion / Re: What Happens After 21 Million Coins Mined? on: December 12, 2017, 05:03:55 PM
or before they fix the code or they just end) and their number will decrease constantly, people will die and lose their bitcoins
26  Bitcoin / Bitcoin Discussion / Re: Why aren't there more women in Bitcoin? on: December 12, 2017, 05:02:19 PM
they are few everywhere), women are less advanced in the majority
27  Bitcoin / Bitcoin Discussion / Re: Do you believe that digital currencies will replace Fiat? on: December 12, 2017, 04:56:34 PM
I am sure that sooner or later it must happen! too many problems in fiat and too breakthrough technologies are open! but there are problems and electronic currencies and we still have to face them, but the fact that the world will not be the same I give 300 cows and 20 rams)
28  Bitcoin / Bitcoin Discussion / Re: Am i late to buy bitcoin now ?? on: December 12, 2017, 04:52:29 PM
No, you're not late! he grows constantly, who knows, maybe a year later the price of 15,000 will seem very profitable! it's just a figure, bitcoin does not seem that one coin in 15 000 is a lot)!
29  Bitcoin / Bitcoin Discussion / Re: Who do you think is Satoshi Nakamoto? on: December 12, 2017, 04:48:53 PM
I think this is not one person but the whole team! but we will never know, yes it does not matter, in this world there is no accent on the person) decentralization rules the world!
30  Other / Off-topic / Re: Is bitcoin dangerous ? on: December 12, 2017, 04:44:32 PM
of course it is like a terminator) is dangerous for banks and for the economy as a whole, this is a revolutionary technology that will change a lot ...
31  Bitcoin / Bitcoin Discussion / Re: Bitcoin fees on: December 12, 2017, 04:42:45 PM
They will go up cuz bitcoin price is going up.
Of course, yes, I also like it, the idea itself implies low duties
32  Economy / Economics / Re: [CHART] Bitcoin Inflation vs. Time on: December 12, 2017, 10:47:53 AM
My friend was forced to sell a USDT and buy in bitcoin and his price was at that time 8500, it seemed to us very unprofitable! but now it's been a while since it turned out to be a very good investment! the rate will grow faster and faster!
33  Bitcoin / Bitcoin Discussion / Re: BEST METHOD TO BUYING BITCOIN? SPECIFICALLY FOR LARGE AMOUNTS. on: December 12, 2017, 10:41:34 AM
find a man who has a lot of bitcoins and who needs Fiat! commissions in exchangers 7% is a huge amount of money given the constant growth)
34  Bitcoin / Bitcoin Discussion / Re: aren't BTC transaction supposed to be chyeaper than bank trasactions? on: December 12, 2017, 10:39:18 AM
Yes, more commission for input and output, plus when trading, it should be cheaper!
35  Bitcoin / Bitcoin Discussion / Re: What made you think that Bitcoin will reach $20,000 before the end 2017 on: December 12, 2017, 10:36:57 AM
his course, I thought that buying for 8500 is stupid, but when my friend was forced to leave the USDT in bitcoin at such a price and now he is already 15,000, then it does not seem difficult than that) look at the chart and the question disappears by itself!
36  Bitcoin / Bitcoin Discussion / Re: What if Bitcoin was centralized? on: December 12, 2017, 10:33:58 AM
the whole point would be lost) it would not be bitcoin! you would never know about him! he has the greatest decentralization
37  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: December 12, 2017, 10:32:02 AM
I'm now in Thailand and then accept payment in the hotel only in Baht! and in the bitcoin, I would not pay anyway Grin
38  Bitcoin / Bitcoin Discussion / Re: Why people are holding Bitcoin? on: December 12, 2017, 10:29:53 AM
Because it is constantly growing in price! but why fix it and lose money? this is understandable to anyone
39  Bitcoin / Bitcoin Discussion / Re: Was bitcoin created by artificial intelligence? on: December 12, 2017, 10:27:42 AM
Duck, I think it was a group of people, not just one programmer! this we will probably never know!
40  Bitcoin / Bitcoin Discussion / Re: Should we support altcoins ? on: December 12, 2017, 10:25:51 AM
Of course ! Bitcoin is just not much of the blockchain world! its technology is relatively simple and can not meet all the needs, which is normal)
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