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indeed, that way Bill Gates has promoted it indirectly. I am very glad there is a great character who talks about the positive side of Bitcoin in public but I think there will be parties who still pushing users or users to leave Bitcoin, because of many things.
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blockchain has a lot of usage, not just used as a financial storage, India has acknowledged blockhain is an advanced technology to be used as a very fast internal transaction. I think blockchain will be more advanced and faster to be accepted in many countries around the world because it’s an advanced technology for the future
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I think if the holders of Bitcoin carelessly losing their coins 1 by 1 then Bitcoin will meet its end because I doubt Bitcoin will succeed to be the exchange rate when the supply in the circulation is only in a small amount. Bitcoin will be abandoned by its users due to its limitations.
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is it possible that we can use bitcoins in buying all commodities not only in one country but the entire wold? and how will this affect the economy.
no, not all merchants and sellers accept payment using Bitcoin, it’s still not so well known and the news out there also influence their opinion on Bitcoin |
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From what I know not all the exchanges there is closed, I think there are still many service running and many Chinese citizens are still buying coin, so we don’t know is this because of the power of Bitcoin or we are just lucky this time.
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Maybe the petition you submitted will be successful but still there are many problems we face in this case, besides the long transaction time issue, then large fee just for a fairly small transaction, and also the readiness of the drivers to receive payments through Bitcoin, they should have a good training so they won’t incurred loss and make a system that facilitate the transaction, either for passenger or the driver.
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I feel the effect I got from bitcoin is less noticeable and it indirectly affects some people's mindset and also changes their lifestyle as well as their habits.
But only to that extent, not giving enormous effect to more people yet.
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2 pieces of Bitcoin with different systems? do you mean fork? if true then it is not something to worry about because there are already some fork on bitcoin. but if you mean chinese will be issuing Crypto itself then maybe it could happen.
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My bitcoin dream is to have a life without thinking about finance even be able to share with others, I want the money come to me, money that keep coming without any meaningful effort.
I will create a humanitarian foundation for the elders in my country, then open a scholarship and a school based on my own standard.
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A very good story, but if that's gonna happen I think it’s your fault for telling it only in terms of its benefits without telling its risks and its volatile nature.
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I think if a country accept bitcoin as a virtual currency then it can improve the country's economic growth
if a country can’t accept bitcoin as a virtual currency because the country is still afraid of disrupting the country's financial system because it’s free of tax
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if that happens, who’s gonna manage the circulation of money?
if that happens where we can live and enjoy our life if the facilities and infrastructure is not built by the government? do everyone care to fill up the public facilities and infrastructures?
Bitcoin isn’t made to replace the conventional money that has been used since antiquity to future.
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as far as I know in my country there is no campus that gives study about Cryptocurrency, especially Bitcoin. but I think that's a good idea because there's so much to learn in this field, from economy, finance, engineering, IT, or even politic.
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maybe I’ll be panicked because it will affect my investation, I put most investation on bitcoin because I believe it’ll be very helpful if invested in long-term but if the selling price is very low I’ll be very panicked, but from panic it’s a learning for me.
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In fact people use bitcoin to invest because most people see the increase of bitcoin’s unstable price that immediately jumped so high, people won’t use it like currencies because if so bitcoin wouldn’t be possible to have soaring selling price as it is now. In my opinion basically it’s used for investation of future because it can improve our financial or maybe we can become a future millionaire because of investing in bitcoin while the selling price is very high.
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I don’t think I would want to live in a country that use Bitcoin as an official currency, because of many factors especially Bitcoin is digital currency, what if electricity in your area go down, will you move to another city just to buy some foods when you are starving?
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we won’t, why? because it’s their authority and affair, they should learn something first before they begin, they are like little fish carried along the stream and eaten by the whales. They’ll experience failure, but they should be able to learn from their previous failures.
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I GUESS, it is a forbidden act by Islam, why? because we directly or not have are supporting gamble that has been clearly forbidden in Islam. but if you are still in doubt, you should ask your local scholars.
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