I somehow agree on you, not all people will be recognized and awarded merit even though their posts are constructive and relevant to the topic and rather overlooked. Plus if you asked for merit, they will consider you as merit beggar. Not to mention, users with higher ranks before the merit system have gone easier regardless. As if everyone will be willing enough to give merits to random people with good posts. I still see the point though, it is to discipline people and prevent spam. Could have been better if there is some other way to earn merit rather than being from other users.
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Yes, bitcoin will be a great help to youth at schools especially in paying school fees - I for one is a student that find bitcoin helpful. Bitcoin can teach them on how to be wiser in spending and earning money through investments and trading which is definitely profitable. It should be easily accessible to them as they have great interest in technology and the internet. Though they should find a balance between education and earning money as well as their wellness, too.
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Yes, I do agree on not panic selling. Profit in investing on bitcoin is definitely kept to minimum by that way - always wait when the value peaks and then sell. Though, it still depends on the financial need of the person but profit-wise, do not.
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In my opinion, yes, it is possible but transitioning from paper money to digital money will take a veeery long period of time. Not to mention that most countries do not recognize the legality of cryptocurrencies and it will not favor the poor and people without the knowledge of technology or even have access to the internet.
Even schools transition from papers to tablets and computer as resources starts to diminish. Anything is possible.
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There have not been any big changes on me by bitcoin as I have just started earning and learning about them just recently. But I do hope that one day this will pay off and help me gain financial stability and help me in my future needs and wants as a complement to my job.
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There is no exact time or season that is "right" to buy bitcoin but yes, buying when the value has bottomed is great. The value of bitcoin has recently been low so now may be a good time. Try to gain more knowledge about bitcoin as it may help you to find the right time when to do what. It is guaranteed to rise up anyway as more and more people gain interest of it and invest.
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It may be possible in the future but having a cashless society and using bitcoin as a replacement for paper money now may be quite impossible. In using bitcoin, Internet and devices are needed of course - though it is guaranteed not everyone has them. Not all people ha s knowledge of bitcoin too or even the interest of learning what bitcoin is.
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Bitcoin can be a sideline for them to earn additional money for their families at home or teach their families at home to earn to help on their needs. Also because bitcoin is more convenient and more secure than actual money especially if you are transferring funds which may take a lot of time compared to sending/receiving bitcoin.
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If like lending money to people and business that you personally know of or have agreed upon on, yes you can say that it is better than resting your money off because of interest. Pretty sure it is not quite a good idea to loan on people online unless you collect collateral, they can easily run off to another account without a trace.
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The value of bitcoin has a high price or value because of its higher demand currently. Besides the fact that bitcoin is getting more and more known and more people gaining more interest and investing. Also because they may find cryptocurrencies more convenient and secure than actual money.
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That will be a great advantage in cryptocurrencies as people with popularity can easily influence the common. It will attract more investors in getting into bitcoin and other crypto which can possibly rise the value. It may be for their popularity or wealth gain but it helps people.
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I would say teach them through songs, games or cartoons. Though that would be definitely hard. Teach them basic economics and trading through everuday situations and slowly teach them what bitcoin is. Let them know how to be wiser in earning and spending (mostly earning) money.
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In our country we use an app. where we convert bitcoin to our currency. By using this app we can pay bills and gain load by using bitcoin and i spend my bitcoin buying what i need and my family needs.
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I think the future of this market will be more and more people willing and interesting on this new kind. So, if this happen the market will continue to grow and grow until will more government will accept it. Actually, their some government already recognize it as currency some them creating a law regarding this matter.
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In the trading is really you need to be educated to guess the movement of the value of your investment. Guessing where you can earn or lose money if you guess on the wrong side. There are a lot of tool that you can use to predict the price not guessing it. you can watch the news about your investment and analyze every movement of the value.
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Yes of course bitcoin can be a tool to start a fraud in other corruption. We all identify that bitcoin is a decentralize transaction we can see the transaction of every user of it so it might be used on gambling money laundering mostly on the corruption and other criminal activities.
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I don’t use my bitcoin to do something illegal, but I read some articles that are saying criminals use bitcoin. We have our own perspective to do the things that we want, and in bitcoin, you can do what you want, you had the freedom to do the things that you want and some people choice to do something terrible and prohibited that’s why they treated criminals.
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Both sides are a better way to earn bitcoin, but if you only need to choose one, it will select mine. Mining bitcoin is the easiest way to gain bitcoin you just need internet and a miner, and after assembling it up it, it will mine bitcoin. But if you can do both sides, it's much better you will mine bitcoin and buy bitcoin.
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Bitcoin will not lose its popularity. Even some issue is now happening bitcoin will not lose its popularity, there are plenty of bitcoin beliving and gaining some money through it so it will not happen. Even the price drop down it will not lose its fame, in fact, many investors will encourage to invest in bitcoin because they know that is now affordable.
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I think I will not buy bitcoin for now because I can’t afford to buy it. Bitcoin is still expensive even the price of it drops down it is still very costly. I started to gain bitcoin by joining in some campaigns, and it helps me a lot so for now it will now purchase bitcoin, but if the price of bitcoin continues to drop decrease, maybe I will buy it.
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