I do not think that, in this time frame, Bitcoin would be widely used to buy commodities; some may but that should be very limited as it is pretty difficult to be expended as it is volatile and prices for a certain product or services would be constantly changed from time to time in relative to Bitcoin prices.

Bitcoin can only be acessed by technology and Internet to which clearly they are incapable of. They have no idea how exactly cryptocurrencies work obviously.
So we, the ones blessed with knowledge of Bitcoin and additional source of income should do something about it and help in our own ways through giving the needy.

The recent dipping of the price of Bitcoin is just the nature of it, it will constantly go up in the next few years like it did in the past decade, generally. No one really knows how the trend will exactly go in the future but it is probably going to be great.

No one exactly knows what can happen in the future.
I am guessing that if cryptocurrencies are to be used as a regular currency for everyday living in the society overall, banks will have to adjust to it. Governments use banks to regulate and even gain profit as an additional source aside from taxes so I don't think governments will just let go banks in favor of cryptos.

Yes, I do believe that cryptocurrencies will go long-term - it can even replace fiat as we know it if governments will only support it and further know its worth.
So, it is very important to hold off your Bitcoin for now with patience and sell them for a higher price. Cryptocurrencies especially Bitcoin ha s a very great potential.

You cannot.
Cryptocurrencies heavily rely on technology and the Internet which obviously cannot access on without electricity. In that case, we can really see the significance of fiat.
I do not think that electricity will ever be gone, in some areas I guess but people have done a lot innovations in production of electricity.

I would continue to hold off my Bitcoin earninga for now if I were you - it has a great potential to even boom in the next few months and years and so.
I would say have a part to invest on bitcoin and other part to real estate but still do have a research on both to assure yourself on what you are getting into.

I agree that the low price of Bitcoin may attract more people if they get to consider that it is a good opportunity to actually invest.
In the other hand though, people that absolutely have no idea of the potential and the nature of Bitcoin may see the dipping as the crypto's beginning fail or something relevant to that.

Internet is really helpful and informative in searching up on strategies in putting up businesses. But the most important thing in having a business is having knowledge about your field and the market, in that way you get to strategize it accordingly to your own variant area.

I do not think that Bitcoin itself can be considered as an economy.
Though we can say that it had come a long way, we can say that it is still underdeveloped and wish that it will be further be improved for convenience and security.

A huge percentage of the people that think fiat is better than cryptocurrencies do not truly know about the potential of it.
Though they do have a point, fiat have come a longer way - it is strengthened by time and support of government.

Yes, I do agree on your statements about the disadvantages of centralization and how the decentralization introduced by cryptocurrencies to which the Bitcoin lead is revolutionary.
Decentralization is truly advantageous as finally there will no more of the issues on having a third party and pertaining fees on transaction to it which makes it convenient.

The value of bitcoin is hard to predict.
But generally, yes, you can say that the price will rise and rise up in the passing months. It may dip at some time but it is only in its nature and a good opportunity to buy even.

Bitcoin can be both.
Bitcoin is cryptocurrency which literally means digital money, you can exchange fiat for it and vice versa. It also has a value, so it is money - also to the fact that you can cash it out for fiat which is to most of the society, more acceptable.

It has already become a long-term trusted investment store of value, I think.
A lot of people hold off their earnings and investments preferable to longer time periods as they see Bitcoin to have a very great potential in having higher price in the future just by looking at its progression in the past years to which they would sell on and have maximum profits.

Cryptocurrencies are the future of fiat but I don't think that it can be implemented in the next decade for numerous reasons.
Not all people have the ability to use or even access device or to the internet. Bitcoins are really hard to be spent in their form as they are really volatile, prices have to be adjusted so constant in relative to value of Bitcoin - just take Steam for example, it once accepted Bitcoin but they find it hard to be managed.

No, I think that putting your savings in investment in bitcoin and simply cashing out when needed has a high risk; you may be situated to a low value and lose money.
I would say just mark a percentage on your income or allowance to put off as an investment but do buy only buy it when it dips.

In my opinion, yes, bitcoin may be outdated by another currency - but in the future. No one really knows what can happen in the future but surely there are a lot of innovations on technology to be used. Someone may create something better and secure than Bitcoin.
But in this time frame, maybe not yet. Bitcoin is the forerunner on cryptocurrencies and has the most advanced technology which makes it the most popular.

Yes, I do agree that, sadly, cryptocurrencies especially Bitcoin is used improperly and in illegal activities by both criminals and scammers.
Bitcoin truly should further improve its security to minimize its use on illegal activities. Or the government to impose rules and laws governing its use (but not control it).

I think that depends on the financial ability and how much he can effectively take risks. I do agree that there should always be percentage of one's income to put upon on investments that if they lose it, it can be easily recovered.