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There are lots of countries doing great on crypto because their governments adapted it. I am from asia so i'd picked japan because their government supports bitcoin and other cryptocurrencies. Japan is well-capable and has a great economy to support cryptocurrency, and they are great by all means.
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Those people accusing bitcoin as a ponzi scheme might experienced that they were scammed or something using bitcoin. It's sad to hear that kind of accusation towards bitcoin because personally bitcoin is overly legit to all networking companies or any profit organizations out there.
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It has two effects, bad and good. It is bad because we had too much lose on our portfolio and we are hoping it will bounce back again to recover our loses. It is good in the sense that we have the opportunity to put more venture on bitcoin, hence the price is low we can buy more.
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Mostly people buy bitcoin when the price is low, it makes a good profit once the price back up. It also considered as an investment wherein you can control your own portfolio you may wish to. Instead putting up on money on banks and having a small profit of gain, why not venture it on bitcoin instead.
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Well money laundering was always there from the start before bitcoin was invented or created. As technology grow, developed and adapted online is easy to do illegal ways such as laundering and bitcoin is no exception. Transactions can be tracked but cannot identify who the person or group were doing such acts, so that's why many scammers and frauds circulating online. That's why such governments afraid to adapt bitcoin because of these frauds.
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They hated bitcoin simply because they might afraid they lose customers, investors, and money as well. Bitcoin is the future currency and will replace banks soon and if that happen, then they cannot monopolize anymore and they lose huge profit and set backs.
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Bitcoin price is volatile, so we can really predict if it will go up forever. Price of bitcoin may vary on demand and more demands it will bring the price up which is good for all bitcoin holders. If price is low then it is also good thing especially to those people who wants to hold more bitcoin into their wallet. It gives opportunities both parties if the prices are high and low.
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Bitcoin is the future and always will be. It will be used for the next generation and it would be a great how far bitcoin reached. Bitcoin dominates all crypto currencies so bitcoin's future is so much bright and it's just for grabs and hold it tight.
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Tax is essential to the progress of a country and to the government as well. It serves as budget to a nation wherein mostly used on government projects such as school building, hospitals and also non government projects that benefits the citizens as a whole. Most importantly all citizens are abide to pay taxes because the law required and obliged it.
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Bitcoin Crown is genuine project that intended to provide support to gaming community and publishers globally. With this project implemented it could create greater opportunities to all gamer to show their set of gaming skills worldwide.
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