All altcoins are copy cats of bitcoin and the fact there are now too many of them, is an indication that bitcoin is such a success,nobody copies or bother to identify with failure. I think Satoshi drive in creating bitcoin wasn't essentially for profit making, but that to have effective peer to peer transaction devoured of any interference. As people began to test this invention, they realized it is an answer to so many financial issues we are have been helpless about and that's what triggered the profit and copy cats.

Your take about bitcoin enhancing corruption is unfounded. On the contrary adoption of bitcoin stands to enforce probity and accountability as that is the foundation it was built upon in the first place. As a matter of fact, the block chain technology is being looked into by many quraters because it holds or points the direction to far too many ills affecting the human society.

I quite agree with your point of view. As a matter of fact, bitcoin's live wire lies with the fact that it is decentralized and no one government can manipulate it as they readily do with fiat currencies. That more or less accords it a safe haven attribute and was evidently so with Greece debt crisis, when the authorities laid siege on deposits in banks. Bitcoin simply addresses issues like that and for same reason people turn to bitcoin every now and then, there is doubt and uncertainty in their country or global economy.

One of the main attractions of bitcoin and the cryptocurrencies in general is in the fact that, government regulation and clearance tables are by-passed, so in the event that government imposes itself on bitcoin, which is most unlikely, then bitcoin would no longer be bitcoin and the interest would most likely water down.  

Still worthwhile to be mindful of the laws that governs wherever one is domiciled. However it should not be the decider of what you want for your life. It's your life after all and your destiny is in your hands, so if you find your country is the stumbling block to your dreams, don't just throw up your hands in surrender - take to technology or shift base. It is for situations like this, that cryptocurrency is such a welcome relief. Just dare to get well educated, the ideal path will stare you in the face.

While bitcoin is already an investment on its own because of its speculative and volatile nature, nothing says that it cannot be channeled into other means of production (invested) to create more of it. Just about anything that is an asset can always be invested and that includes gold. Gold can be used as equity contribution in a start up company, it can be lent out, it can be deposited in a bullion, etc.

As for the ideal place to invest bitcoin, honestly there is none in sight at the moment, because a lot has happened in this industry to suggest that we seem to have much more rouges/scammers in the cryptocurrency industry than legitimate entrepreneurs. As such the best bet investment eventually boils down to buying and holding your bitcoin and in a cold wallet, waiting for the price to appreciate, which it does, from time to time.

I share your school of thought, bitcoin has far too many advantages over other digital currencies as we as the fiats. Until now, the so called digital currencies that existed - except perhaps Perfect Money and Liberty Reserve, which the U.S. authorities were able to clamp down, are not true global payment settlement systems and that is besides the high fees that goes with carrying out transactions with them. With bitcoin, it is me and the rest of the world, no annoying processing and service charges.

International trade has never been this leveraged as even the barriers that earlier existed in E-bay and Amazon have been pulled down by bitcoin and many more bridges are on-going. At that, I think it is now much more in place to boldly say, the world is a global village.

A good observation you have there too! Ever since google adsense read the riot act to faucet owners, over inducing visitors with rewards, earnings from faucets have gone way down that they are no longer manageable as it amounts to waste of precious time. It has become an unprofitable venture and i think one is better of putting his/her time into things that are indeed productive.

Something you are missing out there is that the main attraction bitcoin holds for investors/traders is its speculative nature. So Trump really don't  need to say a thing about bitcoin, he only needs to make the dollar either stronger or weaker and immediately we would see that playing out on bitcoin. The reason the price of bitcoin increased as Trump emerged winner, is simply because, people are sure to hold back from investing in dollar, until they understand where trump is headed. In that case, bitcoin, which fortunately is outside of government control, becomes a safe haven asset.

Looks to me, you are getting it all mixed up! Now if as you said, China has dummy control over bitcoin, why would something irrational or dodgy by Chinese miners immediately precede a crash in price of bitcoin? That is invariably ascribing to them, the power you professed they do not have. Actually, what China may not have is the absolute control over bitcoin, which of course is good news to all, but as is, they are in a position to jostle the bitcoin market from time to time. 

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Is not the one who pays the piper also the one that determines the tune or how else can control over a thing be made manifest? China owns majority of the companies into mining equipment, mining pools, largest volume of transactions is in Yuan and bitcoin and are found in Chinese exchanges. All that gives China a leeway to control the price of bitcoin and by large, bitcoin as a whole. Highlight here, is that the decentralized nature of bitcoin puts a check to how lasting the control can be.

You will do well to remember that bitcoin was from the word go, designed for peer 2 peer transactions and that is what gives sleepless nights to the authorities. Nonetheless, one can actually remain anonymous all they like, issues on identity only shows up at the point when one becomes fascinated with moving from bitcoin to the fiats. Good news remains that technology is on the side of anyone looking to take financial chains off their neck, That of course, is a choice, though it is unfortunate, some people are so sold to slavery.

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Am curious, how is the broker able to stay afloat despite the so many negative feedbacks? One should expect that they ought to have gone under by now, but it is looking rather like they are unshaken? I have a few old account here, will look in someday to see if there would be anything of interest - their swap in most major pairs used to be reasonable than many others.

Nice rewards! The 700,000,000 dice bet is just by the corner, wishing all the players the very best of luck!!

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Question then is where can one find a faucet or faucets that hands out such numbers of satoshi per day? You will be luck to make some thousands of satoshi per day and that is after you might have slaved away working for most of the day. Simple faucet is not the way, but once in a while it is okay to stop by and pick some satoshi and move on.

We are in the same boat, but it was you who misconstrued my post. Whenever anything with some value attached becomes scarce, it price is sure to go up. Bitcoin is endowed with some inalienable values, like its unprecedented low cost of transaction, a true global payment/settlement system, anonymity and above all free from the control of government. With all those qualities, it would take everything and yet people won't be dissuaded from spending or accepting this coin.

It won't be bitcoin per say that stands a chance to reshape the banks, but the peer to peer technology that is behind bitcoin is going to throw in lots of changes in the way banks are presently operating. Already a number of banks are looking into how to adopt the technology and come up with their own version of bitcoin, but at any rate, it would still be an off shoot of bitcoin.