I think that before learning cryptocurrencies in institutions of higher education all this market should be institutionalized. I`s say that for now it`s semi-official. Some countries ban it, others don`t but I know no country that is officially recognized it and where it`s legalized. There`re interesting startups, interesting projects, ICOs, cryptocommunities, different business solutions but it`s not a system that works as a whole. But of course the more people know about this new technologies the better...

Bitcoin is not volatility. Volatility is an imminent feature of this currency. And one of it`s main advantages!

Yeah I also find this kinda strange. But who knows? Cryptos are on the rise now and there`re more and more big players entering the market so I won`t be so surpsrised if one day Zuckerberg announces that the day has come and FB launches its own crypto. People will be very interested because this social network proved to be one of the leading companies in the industry. 

I agree. I`d like to add that the older person gets the worse he or she takes innovations. If you take a look at Buffet you`d notice that he is strongly against cryptos. But if he was 30-40 years younger he could have been among the pioneers of this industry I guess. 

Blockchain can help banks but banks don`t want to accept the help. Bankers don`t want to risk their money, their stability and their status. They have a lot of things to lose and for now the majority of them aren`t ready for innovations.

I think that the title of the topic is kinda strange. Of couse those who either enter cryptomarket or regular players know risks that can appear but speaking about crash or fall to zero is nothing more than a prognosis that has no real background. It`s just assumptions...

You are 100% right. Moreover he bought various companies (even those that dealing with shoes and boots).

Quite an interesting topic. And a burning one) You know, you are partially right. It`s obvious that the majority of people aren`t ready for entering the cryptoworld. One should be young enough to understand this technology, how it works. One should have a solid business and financial background as well as flair and nous to do things right. One should be ready for responsibility and risks.

Cryptocommunities in almost every big developed country are on their rise now but their voices are still not heard loud enough.

I think that crypto-hype is rising its force right now and despite various single attempts of buisness community and those close to them the cryptomarket is still unready for a massive intrusion of people. It should be recognized by the government, officials, politicians.

As for hunting targets. People who got rich due to bitcoins and other cryptos like to boast very often via Instagram, Facebook etc so there`s no wonder that they are hunted and killed. One should be careful enough while dealing with big money flows.

I think it depends on the amount of money a person earns. There`s a good proverb: One man's meat is another man's poison. If a person earns little money so it`s useless to talk about buying even one bitcoin. And on the contrary a very rich person who can afford luxury cars, houses, jewelry can buy e-currencies just for fun and out of interest.

I think it depends on the amount of money a person earns. A

About not going back. If the innovation is useful why not to use it? Very often a great invention looks awkward but finally it became a thing that changes the world. At first people may not understand it, some may even despise it but when it proves its efficiency it conquers. And it`s the possible scenario for all cryptos. Since its invention many people were kinda sceptical (and many still are like Bill Gates and Warren Buffet whose authority is very strong in business community) but now the situation has changed and it will continue to change.

There`re many reaseons why most bitcoin users are from good economies countries. First of all, in the developed countries have developed infrastructure, good institutions of higher education, acess to markets, good internet and opportunities to constant learning and professional growth.

he seems to me to be a too old to understand the potential of this disruptive technology. Suppose if you're dealing with the hedge funds, real estates etc your whole life, it's hard to grasp the concept of bitcoin.
[/quote]

You`re right. This man is 87 years old and at this age it`s too hard to follow new trends taking into consideration his buisness interests!

Bitcoin is a new innovation and phenomenal, yes. But don`t get too blinded by its light. 

For now I think that it`s a risky adventure to travel with only $100 and 3 Bitcoins.  It should be mentioned that cash and creedit cards are accepted worldwide and e-currencies are not that widespread and suddenly you may find yourself get lost in the middle of nowhere.  To avoid such risks you`d better rely on traditional, fiat money for now. 

Great post) 

Buffet is a man from another century. Take a look at his biography and ways he made his millions. It is what he really understands. But I`m sure that nowadays it`s a completely different situation. New reality, new markets, new players, new rules...

I think that one should believe his or her eyes and current situation. For now Bitcoin is on the rise and has a good future. But noone knows what will happen tomorrow if we take into consideration its volatility and market situation in general.

It`s a good news that bitcoin is the 6th largest currencies in the world now. To be among the leaders, in top 5, it should be recognized not by cryptocommunity but also by the government officials.

Africa is great due to its climate and sun. But mining in Africa? Hmm. That`s a tricky question. The electricity is cheap there according to some research but if one wants to fully devote himself or herself to cryptos and mining the choice is to move or emigrate to this continent. It can be a very hard burden to carry. Not everyone will agree to do so. But spend some time a year while doing buisness there - why not?