i was thinking about the Bitcoin and it's Future in Banking . can it remplace money in transactions ?

The infographic shows the 10 most popular banknotes worldwide with its anti-counterfeiting security.
There are thousands of million dollars counterfeit circulating worldwide. Just in The US the FED said 7.3 We conclude that the total value of counterfeits in circulation at any moment is approximately $70 million or about one note in 10,000, and is highly unlikely to exceed
$200 million, or about 2.5 in 10,000.

it's costly for the society (more regulations, more resources to deter, individual or business accepting it accidentally >direct loss,...) Counterfeit money exists since the Ancient Rome at least, and it can destroy a government and its economy. Even the Nazis were counterfeiting the USD and GBP (Operation Bernhard) If only 1% of your circulating currency is fake your government is out. It can't borrow money anymore, business will stop to accept the currency, and since it's the only one, then the economy will be dead.

Do you know how many Bitcoin has ever been counterfeited since10 years? ZERO !

Technology believers believe that bitcoin is the mission of decentralization, the future of the world currency.


BTC just need, relative scarcity and the manufacturing cost, nature has the price, the price is the fluctuation, as long as access to the securitization in the human history of human use of the most profound institutional invention, the currency is likely to generate huge profits.


You have a lot of money and you have followers. With followers there is a crowd. The masses will naturally divide.


With differentiation, there is naturally a blank majority. Naturally, there are evil men who have been swindled. Nature has its center and leadership.


This is the history of bitcoin's journey along the way, which is why the BTC creator went to the center to turn the government against the pursuit of liberalism.


But on a philosophical basis, technologists are wrong.


The beginning of human birth is said to be monkeys. No government, no center. No money, no inflation. Government is not the product of power, but the government itself is the product of liberalism.


Because freedom must be evil, freedom itself creates chaos, and chaos leads to the pursuit of order, thus freedom produces power and bad power transition to good power.


In the world of BTC, new centralization has begun:


Global mining is concentrated in the hands of a few. The maintenance and development of bitcoin is concentrated in the hands of few digital farmers. The influence of virtual currency is concentrated in the hands of a few big v.


They are the new army, the new bureaucracy, the new emperor. Are these people trustworthy?


The emergence of BTC is a technological advance in the history of human currency. It makes up for the deficiency of the existing monetary system and should also promote the reform of the existing monetary system.


Like insurrection, it is either extinguished or assimilated into the long river of history.

Many people are still hesitant between trade and hold. In my opinion, Investment is different from speculation is that you spend time and knowledge for it. When you trust and understand, you will not be afraid of the volatility of the market. It's an investor or a HOLDER. It's very good, but I think you get to know the market, trade, the cycle of market so you can be an investor, a smart holder.
"Don’t be a blind bull. ALL markets are cyclical. Don’t be afraid of pullbacks or market crashes – that’s where you can make the most money"

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?

France is quickly exploring the blockchain and trying to become the leader of the technology in Europe, like in artificial intelligence also, as I read there is a member of the French government that he strongly support the cryptocurrency, and that he wanted that France be the leading country for block chain and cryptocurrency innovation in Europe.
You think that Paris will become the European blockchain capital? Also, it is possible that they can have a cooperation between the crypto companies and the banks in this country?

Many people are waiting for the market recovery to sell their coins but I bet you,as soon as market recovers ,they will feel reluctant to sell.

I have worked to get $2000 worth of money and I am planning of investing in bitcoin but my uncle is pressuring me to save the money at bank. I have done everything to convince him but he is not comprehending to my point. Please what do i tell him again to convince him?

As Bitcoin mining is partially controlled by Chinese miners, I have a feeling that sometime in the near future, Bitcoin can become centralized if no solution against this is proposed.

If BTC could manage to bring a solution towards mining centralization by preventing mining pools with the most hashrate to effectively gain control of the network, then it would aim to become more decentralized over the years.
 
As mining difficulty increases and new ASIC hardware gets developed, it would make it less possible for any average user to mine Bitcoin, thus making it more centralized each day.

Nevertheless, I would like to know your opinion about this, as if BTC becomes centralized, it might cause it to decrease in value, and most of all, violate the principles that it was created for. 

Bitcoins have made people head spin for 8 years now and become unbelievable since December 2017, when the value of 1 bitcoin rose up to 20 000 USD! But how this phenomenon appeared, what are the causes of this craziness… Found out in this article
https://blog.bitspark.io/why-is-bitcoin-making-the-world-go-crazy/

So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?

I do not think that bitcoin will be enough if the whole people around the world will going to buy bitcoins. There will be too much shortage on bitcoin supply and this will lead also to have an expensive market price for bitcoin. As we all know that there are billions of people around the world and bitcoin supply is only limited. So meaning to say in the near future there will be a shortage for bitcoin supply and thus will lead to create another dominant coin like having ether as one of the possibilities that it will be the next to bitcoin. As of this moment i am seeing this already closely to happen. What do you think?

when bitcoin prices are drops, I think we better talk more about the positive value of bitcoin. do not think about the value of bitcoin today, because thinking about it will only make us panic and confused. enough G20 make us calm.

So, now. we are talking about the benefits of bitcoin if bitcoin managed well.

what do you think if bitcoin is managed well by a country?

Hi I eagerly want to that is there any insurance company that offers services to protect investment in btc or any cryptocurrency. If you know please share.

I have been wondering that if the crypto currency did not come in the world then what would be the future of world's market then?

I know it affects the market both in positive and negative ways but what if this wasn't present in the world and no crypto currency present then what would be the conditions now? 

Your thoughts and answers?

As you can see that BTC is the largest crypto among all in the market, I just really do not understand why people like to claim that BTC is about to die, do not easily fall for these kinds of topics and think that Bitcoin is dying, put some research on it, its just another person's opinion but again it is misleading. One last thing before you reply, this is extremely important and might be a big help for you (especially for newbies) avoid agreeing with such wrong info given to you, be sure to take extra care in replying, and the most important part of all is that you should make some research and do not forget to read the thread (if necessary) it is also important as you can gain new information from other people, though just make sure that what you are reading is very much legitimate.


Thank you and feel free to respond, I wanna see your insights about this.

Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?

In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?

I am new in cryptocurrency and would like to know if i am not late and Bitcoin price is now that wich i need to trade? or i need to wait one more dump to buy btc?

I read so many threads about warnings on bitcoin possibility that it will end. Well i do not believe on them instead i buy more bitcoins and other establish crypto since this the good time to get huge profit in the near future. Well if it will end then i have no worries because this is investment and part of it is the risk. All investments are having risk and if you take the risk it will end either earning good profit or a loss of money.

In the past and recently, there are some who say bad about bitcoin, that bitcoin has no real value, there is no guarantee of value and assumes that the price will be zero. But everyone should know that the property other things like gold, silver or even money in your pocket are valued by the trust of the people with the central bank. Some countries do not manage the currency like venezuela or zimbabwe paper money fell dramatically. To me, the value of bitcoin is trust in algorithms and trust for network consensus. This belief is very certain because the network of bitcoin is extremely reliable. What is your thought like?